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TECH 22 Jan 2016 | 2:38 AM

Australia's ASX invests in blockchain to simplify markets

Markets operator ASX Ltd said it has made a minority investment in U.S.-based Digital Asset Holdings to develop distributed ledger technology, or blockchain, to potentially simplify Australia’s post-trade equity market.

TECH 24 Dec 2015 | 6:08 AM

Analysis – Record highs predicted for bitcoin in 2016 as new supply halves

2016 could prove to be the year that the price of bitcoin surges again. Not because of any dark-web drug-dealing or Russian ponzi scheme, but for an altogether less sensational reason – slower growth in the money supply.

TECH 09 Dec 2015 | 1:01 PM

Stakes are high in hunt for bitcoin's "messiah"

The stakes are high in the hunt for Satoshi Nakamoto, the person or people behind bitcoin, not just for the journalist who gets it right first, but also for the cryptocurrency itself.

Technology 04 Dec 2015 | 5:03 AM

Goldman Sachs seeks patent on virtual currency

Goldman Sachs is developing a virtual currency system that aims to revolutionise securities transactions, according to a US patent application filed by the Wall Street investment bank.

TECH 24 Nov 2015 | 10:07 AM

Blockchain technology could reduce role of banks, says BIS

Blockchain technology could reduce the role of intermediaries such as banks and settlement houses, the Bank for International Settlements - or "the central bankers' central bank" - said in a report.

Technology 13 Nov 2015 | 2:07 PM

Banks expected to adopt new technologies rather than be overrun

New technology firms are battering all kinds of companies, but banks will remain as financial intermediaries, due to the regulations and duties governments have put on them, says a proponent of the technology behind the Bitcoin cryptocurrency.

TECH 11 Nov 2015 | 3:03 PM

Microsoft launches cloud-based blockchain platform with Brooklyn start-up

Microsoft launched a cloud-based blockchain platform with Brooklyn-based start-up ConsensYs, which will allow financial institutions to experiment cheaply and easily with the technology underpinning bitcoin.

TECH 02 Nov 2015 | 11:39 AM

Biting back: bitcoin heads for best month in one and half years

Bitcoin has just recorded its best month since May 2014, stealing the spotlight away from the blockchain technology that underpins it and which has been attracting investment from almost every major bank in the world.

Business 06 Oct 2015 | 2:48 PM

Card payments boom across the world

LONDON: Payments made with debit and credit cards and other non-cash methods jumped 9% last year to 390 billion transactions, according to a study published on Tuesday.

Business 17 Sep 2015 | 5:25 PM

CIMB chooses 4 winners from InnoChallenge

KUALA LUMPUR: CIMB Bank Bhd , in its own effort and in collaboration with Multimedia Development Corporation (MDeC), has selected four winners from the pilot InnoChallenge, to further propel CIMB Bank in its course of revolutionising digital and mobile banking/financial solutions in the Asean region.