Standard Chartered Reports Blockchain Letter Of Credit Transfer Between Thailand, Vietnam

Standard Chartered Reports Blockchain Letter Of Credit Transfer Between Thailand, Vietnam
Standard Chartered Reports Blockchain Letter Of Credit Transfer Between Thailand, Vietnam
September 13, 2020  |  B2B Payments

Standard Chartered has announced the completion of the first cross-bank Letter of Credit (LC) transaction over blockchain, between Vietnam and Thailand, according to a report...

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Deloitte Becomes First Of Big Four To Break Up Business
Deloitte Becomes First Of Big Four To Break Up Business
September 13, 2020  |  B2B Payments

Deloitte will be the first of the “Big Four” auditors to break up its business after selecting a new auditing board to undertake the task,...

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Report: Oracle Winning Bidder Of TikTok, Microsoft Out
Report: Oracle Winning Bidder Of TikTok, Microsoft Out
September 13, 2020  |  International

Oracle Corp. beat Microsoft Corp. in a bid to take over TikTok’s video-sharing app’s U.S. operations Sunday (Sept. 13) days before President Donald Trump threatened to shut...

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Bitcoin Daily: IRS Offers $625K For Help Cracking Cryptocurrency Secrecy; Kuala Lumpur’s IBF Net Eyes Blockchain For Recurring Payments
Bitcoin Daily: IRS Offers $625K For Help Cracking Cryptocurrency Secrecy; Kuala Lumpur’s IBF Net Eyes...
September 13, 2020  |  Bitcoin

The United States may have some of the world’s best cryptographers working for the National Security Agency and other spy shops, but the Internal Revenue...

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SoftBank Considers Going Private After Asset Sales, Report Says
SoftBank Considers Going Private After Asset Sales, Report Says
September 13, 2020  |  Investments

Talks have been revived for SoftBank to take itself private amid a series of disappointments to the company’s equity valuation compared to the value of...

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New Chinese Rule Means Ant Group Must Set Aside At Least $731M And Register As Financial Holding Company
New Chinese Rule Means Ant Group Must Set Aside At Least $731M And Register As...
September 13, 2020  |  Regulation

New Chinese finance rules will force the Jack Ma-backed Ant Group to comply with regulations to back up any payments, lending or other finances with...

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ByteDance To US: TikTok’s Code Isn’t For Sale
ByteDance To US: TikTok’s Code Isn’t For Sale
September 13, 2020  |  Partnerships / Acquisitions

China-based ByteDance has said in boardroom discussions that it won’t be selling its essential algorithm for the video-sharing app TikTok in any manner, according to...

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Grab Fined For Privacy Breach For The Fourth Time
Grab Fined For Privacy Breach For The Fourth Time
September 13, 2020  |  Security & Fraud

GrabCar, a unit of Grab Holdings, a Singapore-based ridesharing company, has been issued a $10,000 Singapore dollar ($7,311) fine for a personal data breach, Bloomberg...

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Gojek, Grab Renew Merger Talks With SoftBank’s Support
Gojek, Grab Renew Merger Talks With SoftBank’s Support
September 13, 2020  |  Ridesharing

Six months after merger talks stalled between two of Southeast Asia’s ride-hailing companies, Gojek and Grab Holdings have resumed negotiations, the Financial Times (FT) reported....

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