Some of the biggest banks have started to invest greater resources in quantum computing as they hope the technology is...
With the exception of those who reside in few states, users of Square’s Cash payments app can buy and sell bitcoin; users are limited to purchasing $10,000 in bitcoin per week; Square will not add fees to bitcoin transactions and uses the major exchanges to calculate prices. Source
An article in Business Insider highlights a $96 billion hedge fund, Man Group; the firm initially held off on rolling out their AI powered trading bot out broadly until recently; by 2015 AI was contributing half of the profits to Man Group’s largest funds. Source
Viva Repulica runs the largest fintech startup in South Korea called Toss; the company is now looking to raise $200...
Ken Sena runs a group within Wells Fargo Securities and recently introduced an artificially intelligent equity research analyst; the bot tracks stocks and put a sell rating on Facebook and Google, two of the top companies working on artificial intelligence; Sena provides his perspective on the new bot and where it might be falling short. Source
The new feature is open to Premium and Metal customers at a time when the price of gold has recently...
Buying and selling of cryptocurrencies may be available as soon as June, but the bank is still working on how it will store them; Goldman remains one of the few banks who are leading the charge when it comes to trading cryptocurrencies and it remains to be seen whether other banks will follow suit. Source
The new round puts a valuation on the company of $5.6 billion; they are now the second most valuable private...
Credit Suisse and Instinet have recently started to settle US stock trades on a distributed ledger from Paxos Trust; this...
Over the past few weeks Robinhood has been in the news multiple times as their platform failed to hold up...