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TECH 08 Feb 2017 | 12:38 AM Premium

EU watchdog says too soon for new blockchain rules

No specific European Union rules are needed to regulate blockchain for the time being given the sector's still limited reach, the bloc's securities watchdog said.

TECH 07 Feb 2017 | 10:04 AM Premium

Dubai Government, companies team up with IBM on blockchain project

Dubai, one of the world’s largest trading hubs, has linked up with IBM to launch a scheme using blockchain computing technology to process transactions and keep track of goods being shipped.

TECH 07 Feb 2017 | 3:54 AM Premium

Blockchain insurance consortium grows to 15 members

A consortium aimed at developing ways blockchain can be used to improve processes in the insurance sector has added 10 new members as it prepares to test the emerging technology in a data-sharing experiment.

Corporate News 04 Feb 2017 | 1:39 PM Premium

Bitcoin: Fast lane to billions or bankruptcy?

RECENTLY, a reader of this column emailed me about advice on bitcoin investing. My view is that investing – or rather speculating with Bitcoin – is like currency trading on steroids.

TECH 03 Feb 2017 | 3:48 AM Premium

Scotiabank to invest US$1bil in digital technology

Bank of Nova Scotia, Canada's third-biggest lender, said on Thursday it would spend C$1.3 billion (US$4.4bil) over the next three years on technology that will benefit customers as well as lower operating costs and increase profits.

Commodities 01 Feb 2017 | 12:00 AM Premium

Forged warehouse receipts renew concerns

LONDON: Forged commodity-storage receipts discovered by a Glencore Plc unit have rekindled concerns over warehousing fraud two years after the Qingdao scandal in China that cost banks hundreds of millions of dollars.

TECH 31 Jan 2017 | 5:46 AM Premium

Bosch, Cisco, BNY Mellon, others launch new blockchain consortium

Cisco Systems Inc, Bosch Ltd and several other companies, have set up a consortium to work on how blockchain can be used to secure and improve "Internet of Things" applications.

Business 31 Jan 2017 | 12:00 AM Premium

The finance function of the future

AS disruption unfolds, transparency issues gain momentum and regulation intensifies, the world is in flux for finance leaders. How organisations deliver value is being reset for a digital age.

TECH 28 Jan 2017 | 2:00 AM Premium

China turns to blockchain to make markets clearer and cleaner

Chinese banks are hiring blockchain experts as the government pushes use of the technology behind bitcoin to increase transparency and combat fraud in its financial sector.

TECH 27 Jan 2017 | 5:05 AM Premium

Scotiabank seeks advantage over rivals with new fintech space

Bank of Nova Scotia opened a new facility to develop technology such as blockchain and artificial intelligence, looking to position itself ahead of rivals in the hotly competitive fintech sector.