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  • April 20, 2014
  • Last updated: 11:33pm
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  1. Business - Companies - TECHNOLOGY

    NCR sees retail banking upgrades, new services driving ATM growth in Hong Kong

    Posted Mar 14th 2014, 01:06am by BIEN PEREZ

    ... Bien Perez bien.perez@scmp.com NCR to benefit from retail bank upgrades in HK NCR, the world's largest supplier of automated teller machines, plans to maintain a steady pace of growth in Hong Kong as banks start to deploy advanced video-enabled systems and upgrade the operating system on their ATM networks. The United States-based firm will also push new services in the city ...

    http://www.scmp.com/business/companies/article/1448159/ncr-sees-retail-banking-upgrades-new-services-driving-atm-growth
  2. Lifestyle - Technology - TECHNOLOGY

    Financial exchange regulators use computers to crack traders' code

    Posted Apr 20th 2014, 05:53am by Reuters

    ... exchange investigation, some of whom are former market participants who are helping to decode the traderspeak. Banks now want to go one step further, and are looking at acquiring Big Brother ... that could monitor and understand the language traders spoke in their electronic chats, instant messaging and e-mails, and alert the bank to potentially inappropriate communications or nefarious ...

    http://www.scmp.com/lifestyle/technology/article/1489469/financial-exchange-regulators-use-computers-crack-traders-code
  3. News - World - TECHNOLOGY

    US starts atomic clock accurate to one second per 300 million years

    Posted Apr 04th 2014, 09:11pm by AP

    ... The institute plans to operate both for a while and use comparisons to help improve them. Banks, computer networks and others use the atomic clock to synchronise their own clocks. Each day ...

    http://www.scmp.com/news/world/article/1464873/us-starts-atomic-clock-accurate-one-second-300-million-years
  4. Business - Banking & Finance - TECHNOLOGY

    Hackers cripple bitcoin exchanges

    Posted Feb 13th 2014, 12:15am by DANNY LEE

    ... and deposit processing will be suspended temporarily until a software fix is issued," the company said. On Monday, Mt Gox revealed it had been hit with "unusual activity" related ...

    http://www.scmp.com/business/banking-finance/article/1426743/hackers-cripple-bitcoin-exchanges
  5. Business - China Business - TECHNOLOGY

    Fund managers cast wary eye on valuations of Chinese internet firms

    Posted Feb 27th 2014, 11:56am by Ray Chan

    ... by British private bank Coutts. However, high-flying US internet firms such as Facebook and Amazon are trading well above 100 times earnings. Ken Wong, a Hong Kong-based portfolio manager ...

    http://www.scmp.com/business/money/markets-investing/article/1436199/fund-managers-cast-wary-eye-valuations-chinese
  6. News - Hong Kong - TECHNOLOGY

    Guzheng teacher Zou Lunlun accepts bitcoin in snub to banks and PayPal

    Posted Dec 27th 2013, 10:53am by DANNY LEE

    ... Danny Lee danny.lee@scmp.com Tired of bank and PayPal charges, music teacher Zou Lunlun has embraced bitcoin to accept payment from students worldwide Digital currency hits the right note The cost of international banking for one small Hong Kong business has become so high that it has turned to the crypto-currency bitcoin for help in a snub to the financial system. Zou Lunlun, ...

    http://www.scmp.com/news/hong-kong/article/1390784/world-class-guzheng-artist-teaches-tune-bitcoins
  7. Business - Companies - TECHNOLOGY

    China’s second-largest online retailer JD.com announces US IPO listing

    Posted Jan 31st 2014, 02:46pm by Patrick Boehler

    ... that it may be “adversely affected by the outcome of the proceedings". Hong Kong was also considered for the listing, Bloomberg reported. Bank of America Merrill Lynch and UBS are managing ...

    http://www.scmp.com/business/companies/article/1417968/chinas-second-largest-online-retailer-jdcom-announces-us-ipo
  8. Business - Companies - TECHNOLOGY

    SAP to expand 'cloud' alliance with China Telecom on the mainland

    Posted Jan 23rd 2014, 10:10am by BIEN PEREZ

    ... Big contracts won by SAP last year included cloud-computing implementations at the Agricultural Bank of China, China Minsheng Banking Corp and China Petroleum and Chemical Corp, also known as Sinopec. "We saw 427 per cent year-on-year growth from the banking industry, 267 per cent year-on-year growth in oil and gas, and 131 per cent in retail," Gibbs said. He added that SAP ...

    http://www.scmp.com/business/companies/article/1411586/sap-expand-cloud-alliance-china-telecom-mainland
  9. Business - China Business - TECHNOLOGY

    Spying scandal hits US tech companies in China

    Posted Nov 15th 2013, 11:35am by Reuters

    ... state-owned banks “This is all about China using its own technology, and China building leading technology companies,” said James McGregor, chairman for Greater China at consultancy Apco Worldwide. ... with technology purchases at one of China’s four big state-owned banks. “The government’s signal is pretty clear – they want to rely less on US products, such as IOE [IBM, Oracle and EMC],” said a former ...

    http://www.scmp.com/business/companies/article/1356534/spying-scandal-hits-us-tech-companies-china
  10. Business - Banking & Finance - TECHNOLOGY

    Smartphone era forces Jetco to join market fight

    Posted Oct 14th 2013, 12:00am by KANIS LI

    ... Kanis Li kanis.li@scmp.com ATM network provider teams up with member banks to build platform for mobile payments Smartphone era forces Jetco to join market fight The smartphone era's ... in the city, says it has teamed up with its 30 member banks to build a mobile payment platform using near-field communication (NFC) technology. It expects five banks to launch the service by the first ...

    http://www.scmp.com/business/banking-finance/article/1331091/smartphone-era-forces-jetco-join-market-fight

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