- Managers in financial institutions and investors in FinTech and innovations often lack the time to search for innovative companies.
- Our target audience are therefore managers and experts who are looking for innovative solutions and investors who are interested in investing in innovative solutions and companies.
- As we are going to introduce a number of local start-up companies, the intention is to support these companies in getting the attention that will help their business to continue to develop.
- As technologies are growing fast, a conference focused on innovations in technology for banking and finance deserves a fast process in order that the topics remain up-to-date.
- Furthermore, we will introduce a number of other innovative solutions and 10 local start-up companies.
The conference takes place at the Park Hyatt hotel in Zurich on the 29th of June 2016, starting at 2pm and ending at 7:30pm. Managers in financial institutions and investors in FinTech and innovations often lack the time to search for innovative companies.
Continue reading “FinTech, WealthTech, Blockchain, Innovation”
- AS) and solar panel maker Sonnen GmbH have launched a pilot project that will tap home photovoltaic (PV) systems to help iron out imbalances on Germany’s power network.
- “A home storage unit for solar power on its own is less valuable than one that can be used collectively,” said Philipp Schroeder, director of sales and marketing at Bavaria-based Sonnen.
- “We want to find out how we can reduce the waste of wind power by storing it in Sonnen batteries that we can access in the North while releasing power from solar energy stored at Sonnen batteries in southern Germany,” said Urban Keussen, board chairman of the board at TenneT’s German unit.
- Because network development lags far behind, a lot of power is wasted because the north houses most of Germany’s wind turbines whose output cannot reach industrial users in the south.
- Should 10 percent of all households use solar plus storage in 10 years, that would create capacity of some 6 gigawatts of power, he said, equivalent to six nuclear plants.
Grid operator Tennet (IPO-TTH.AS) and solar panel maker Sonnen GmbH have launched a pilot project that will tap home photovoltaic (PV) systems to help iron out imbalances on Germany’s power network. TenneT and Sonnen’s e-Services subsidiary aim to sign up 6,000 household PV producers equipped
Continue reading “German project looks to home photovoltaic systems to help grid”
- Two sources with knowledge of the deal confirmed the news to CNN prior to Monday’s broadcast, on which Ripa and Seacrest broke the news to viewers.
- Seacrest, one of the world’s best-known broadcasters, has co-hosted “Live” five times as a guest since ABC began the search for Michael Strahan’s replacement one year ago.
- According to a source, the ABC building that houses “Live” will also have a new radio studio for Seacrest.
- Seacrest is already in business with ABC as the host of “Dick Clark’s New Year’s Rockin’ Eve” on New Year’s Eve.
- Representatives for Ripa, Seacrest and ABC either declined to comment or did not respond to requests for comment ahead of the official announcement on Monday.
The decision jump-starts a new era in the morning TV race.
Continue reading “Ryan Seacrest is Kelly Ripa’s new co-host on ‘Live’”
- Banks can now use technology to make it easier to process paperwork, send money between you and your friends, and apply for financial services like mortgages and loans.
- Investor attention toward Canadian fintech companies has started to ramp up in the last few years.
- A recent report from Reuters puts Canadian venture capital investment in fintech companies at $137.7 million (USD) in 2016 alone.
- Peter Misek of the Business Development Bank of Canada thinks there are a couple of reasons why the fintech revolution has arrived.
- “Our smartphones have given insight into human beings that from the outside no financial institution, or frankly, company, would ever have had,” said Misek.
A look into how technology is disrupting the banking industry at a pace never seen before
Continue reading “What exactly is fintech? – VICE News”
If I had to pick the hottest tech trend this year, it would undoubtedly be Blockchain. The promise of Blockchain technology is huge.
There’s a lot…
Continue reading “Inside the Blockchain Revolution- An Interview with Alex Tapscott”
- Markets for bitcoin and other digital cryptocurrencies dipped by more than 7% on February 9th, following news that the People’s Bank of China, the country’s central bank, was tightening regulatory pressure.
- The PBoC met Wednesday with the country’s major Bitcoin exchanges to push for full compliance with anti-money laundering rules.
- A half-dozen Chinese bitcoin exchanges have also said they will institute new trading fees.
- Previous dips in the price of bitcoin have been driven by Chinese regulation, including a 2013 decision banning banks from handling bitcoin as a currency.
- According to Bloomberg, the recent regulatory pressure on Bitcoin from the PBoC is likely driven by the Chinese government’s desire to control capital outflows from the country.
Major exchanges have frozen withdrawals and will impose new fees and controls.
Continue reading “Bitcoin Markets Slide as China Steps up Regulatory Scrutiny”
- The answer to that question, first proposed by bitcoin’s pseudonymous creator, Satoshi Nakamoto, was to create a decentralised digital ledger, keeping track of every transaction made, and with its accuracy guaranteed through the combined honesty of the entire network.
- Bitcoin was the first technology to use the blockchain, but the currency is now starting to look a bit like the steam pumping engines invented in the 17th century.
- A permissionless, distributed, trust-free network has the power to revolutionise not just financial technology, stock markets and banking, but also the music industry, digital access in some of the world’s poorest nations, and could even ensure your Italian extra-virgin olive oil really is from Italy.
- For a long time, the ability to use the blockchain in this way was treated as an interesting side-effect of bitcoin’s role as a currency, but the tenfold collapse in the currency during 2014 prompted many who had invested in the bitcoin ecosystem – whether financially or intellectually – to seek other uses for the underlying technology.
- Instead, there are many blockchains, as companies are born with different needs from a distributed ledger than those of Bitcoin.
Bitcoin hasn’t lived up to the salvation rhetoric, but the digital engine behind the currency may be about to change the world
Continue reading “Blockchain: the answer to life, the universe and everything?”
- The $90 billion Wall Street firm’s young online retail-banking unit is growing and could, once big enough, crank out far higher returns than the investment bank.
- Goldman could do with some of that extra juice At 11.4 percent, Goldman’s annualized return on equity for the quarter places it in the upper echelons of the industry, along with the likes of JPMorgan and Wells Fargo.
- Without that benefit, Goldman’s return for the quarter would have been just 8.9 percent – below the rule-of-thumb 10 percent needed to cover the cost of capital.
- Disappointing fixed-income, currency and commodities trading was a big part of the The division’s revenue was effectively flat relative to a poor first quarter for the industry last year.
- They also managed a slight boost in equities-trading revenue while Goldman’s fell 6 percent.
Only a tax break spared the $90 billion Wall Street firm a dreary first quarter. Its young online banking unit is growing fast, though.
Continue reading “Breakingviews: Goldman fintech revolution can’t come fast enough”
- Instead the necessary record-keeping is decentralised into a “blockchain”, an ever-expanding ledger that holds the transaction history of all bitcoins in circulation, and lives on the thousands of machines on the bitcoin network.
- Every ten minutes or so mining computers collect a few hundred pending bitcoin transactions (a “block”) and turn them into a mathematical puzzle.
- The miner who found the solution gets 25 bitcoins as a reward, but only after another 99 blocks have been added to the ledger.
- Forcing miners to solve puzzles in order to add to the ledger provides protection: to double-spend a bitcoin, digital bank-robbers would need to rewrite the blockchain, and to do that they would have to control more than half of the network’s puzzle-solving capacity.
- As the bitcoin price continues to fall, consolidation could become more of a problem: some miners are giving up because the rewards of mining no longer cover the costs.
AS THE bitcoin price continues to fall, sceptics have started to wonder what will happen to the industry underpinning this digital “crypto-currency”. Around the world, hundreds of thousands of specialised computers have been built to create (or “mine”) bitcoins and, in the process, validate transactions and protect the system.
Continue reading “The Economist explains: How bitcoin mining works”
Man, if anything needs the “now I get it” treatment, it’s Bitcoin. You hear about it all the time in financial and technical circles—but most people really don’t grasp it.
Continue reading “Now I Get It: Bitcoin [Video]”