FINTECH

Day one of Newsweek's AI and data science in capital markets event examined a range of new data sources.

The value of bitcoin – the world's most popular cryptocurrency – surged past £10,000 ($13,300) per coin, defying critics to reach yet another all-time high.

Users of US-based cryptocurrency exchange Bittrex voice frustration over lengthy customer support delays and alleged inability to withdraw funds from the platform.

Steve Polsky is CEO of Juvo examines the unfulfilled promise of mobile financial services.

Newport IT worker James Howells was one of the earliest adopters of Bitcoin: he amassed 7,500 Bitcoins back in February 2009 when they were worth less than $1.

President Nicolas Maduro says move designed to by-pass financial sanctions slapped on Caracas.

Cryptocurrency exchanges in the EU and UK are set to face increased regulation from next year amid concerns they could be used for money laundering and tax evasion.

The report, 'Distributed Ledger Technologies for Public Good: leadership, collaboration and innovation' was released this week by Lord Holmes of Richmond.

Never mind the sharks; it's the piranhas that could get you, says Dharmesh Mistry, Chief Digital Officer at Temenos.

Chris Combemale, CEO of the DMA Group, says Brands who see GDPR merely as a legal obligation risk missing the opportunity to improve their relationship with customers.

Online betting firm also pegged Bitcoin at 11/8 to break $20,000 before the end of next year.

Less than a year ago, the online currency was trading at below $1,000 per coin but has since spiked in value despite pressure from financial giants.

Global media agency Mindshare partners with Singpore's high speed blockchain Zilliqa to test media applications

Infosys Finacle launched a pilot trade finance network with 11 banks to trial the Finacle Trade Connect solution.

Digix raised $1.25m in its seed round led by Japanese VC Global Brain, and joined by Fenbushi Capital, Asia's most active blockchain-focused venture capital fund.

Joel John, lead researcher for Blockchain-focused VC firm Outlier Ventures, looks at the history of blockchain's promise of financial inclusion.

Nigel Edwards, head of UK at EXL Service, says the spectre of fraud could be emboldened by the open banking rules.

NVIDIA will be offering a day-long training session on 5 December, as part of Newsweek's data science and capital markets event in New York next week.

Rather than robots, the most common applications for business will use machine or deep learning to automatically analyse big data - and will be available to all.

Joséphine de Chazournes, Senior Analyst at Celent and Arno Castanet, Solution Marketing Manager at Finastra explore how capital markets must evolve

Striking the right balance between convenience and security isn't just about replacing older payment methods with new technologies.

The private placements of C$15.3 million (£9m) will see Interbit go live in early 2018.

Christian Ball, Head of Retail Financial Services, GFT, looks AI, PSD2 and Banking as a Platform (BaaP).

The distribution of AI-enabled research is seen across three classes of adopters: advanced trading, competitive data scientists and master data scientists.

Austrian police say cyber-thieves transferred bitcoins worth more than €100,000 (£89,000, $117,000) from a man's account while he was logged into a restaurant's public WiFi.

Former CEO of T. Rowe Price Global Investment Services joins the decentralised asset management technology developer as an advisor and member of Melon Foundation.

TOBAM has about $8.8bn in AUM and counts the California Public Employees' Retirement System as a minority shareholder.

Tether said it is now attempting to get the stolen funds back and also ensure that the hacker cannot spend the money.

New strategic investment enables faster blockchain deployments with Japanese businesses.