#Tiny magnets mimic steam, water and ice Researchers at the Paul Scherrer Institute (PSI) created a synthetic material out of 1 billion tiny magnets.
though the researcherssuccess also owes a debt to more basic technology. The team gathered water samples from a research site on the Colorado river near the town of Rifle
could significantly change the multibillion-dollar pain medication manufacturing business, but raises concerns about aggravating the growing problem of opioid abuse.
The findings raise hopes that a euro prostheticthat automatically enhances flagging memory could aid not only brain-injured soldiers,
390 gram (0. 9-pound) Robohon sports a 2-inch touchscreen, a quad-core CPU, and can connect to 3g, LTE,
Image credit: Neil Palmer/CIAT via Wikimedia Commons Aerial view of the Amazon Rainforest, near Manaus.
Image credit: Neil Palmer/CIAT via Wikimedia Commons These developments are hugely important. The Amazon, most of which is in Brazil,
and so did the value of Brazilian currency, making food exports unprofitable. So people stopped cutting down rain forest.
the government used its controls of state banks to deter agriculture and logging use of forests.
Image credit: Dr. Yi Yao SPADE analysis showing the multiple subsets of immune and nonimmune cells that Cytof technology can detect from a single sample.
Image credit: Dr. Yi Yao Peering deeper into cell data Prior to the advent of Cytof in 2009, scientists collected data about cell characteristics with an older technology known as flow cytometry.
For that, he credits the many different disciplines NRL brings together. e have a lot of smart people,
He also credits a close relationship with industry and with those NRL serves. e talk to the warfare centers,
Image credit: EMSCTHE worst damage reported so far occurred in the Nepalese capital Kathmandu, where many buildings collapsed
Image credit: Keiichi Nakagawa/University of Tokyospeed of the camera is hard to grasp. But, in comparison, it is more than one thousand times faster than conventional high-speed cameras.
Image credit: Keiichi Nakagawa/University of Tokyoin the first attempts to capture an ultra-fast images frames per shot were limited to six.
he said. andy Hill deserves special credit for his creative design solutions for the precision flexures,
A pair should cost no more than 250 euros because the measuring system can be manufactured cost-effectively in series.
Image credit: Samuel Smith, UC Berkeleythe advance, was reported on Monday, Aug 3, in the Proceedings of the National Academy of Sciences, will lead to computers that turn on in an instant,
Image credit: Xiao-Min Lin et al, taken at Argonne Electron microscopy Center. To their surprise, when the scientists put the membrane into the beam of a scanning electron microscope,
Image credit: Arnold Research Group and Guisinger Research Group, news. wisc. eduscientists at University of Wisconsin-Madison have discovered now a method to grow these ultra-narrow strips, called nanoribbons, with desirable semiconducting
Image credit: Alexanderalus via Wikimedia, CC BY-SA 3. 0in this process scientists start with methane,
#afepay First anti-fraud system to use existing credit card readers From large-scale data breaches such as the 2013 Target case to local schemes that use skimming devices to steal data at the gas pump,
credit card fraud is becoming commonplace. Because existing magnetic card readers use plain text to store confidential information, they are vulnerable to an untrusted card reader or skimming device.
secure method to prevent mass credit card fraud using existing magnetic card readers. The novel techniquealled Safepayorks by transforming disposable credit card information to electrical current
and driving a magnetic card chip to simulate the behavior of a physical magnetic card.
Protecting against Credit card Forgery with Existing Magnetic Card Readers. ecause Safepay is backward compatible with existing magnetic card readers,
which distributes disposable credit card numbers. The physical entity is the magnetic credit card chip controlled by a mobile application inside a customer mobile device.
The paper outlines the overall architecture and server-side deployment model the design of Safepay, prototype implementation and security analysis. Here how it works:
First, the user downloads and executes the mobile banking application which communicates with the bank server.
During transactions, the mobile application acquires disposable credit card numbers from the bank server, generates a wave file,
plays the file to generate electrical current, and then drives the magnetic card chip via an audio jack or Bluetooth.
Disposable credit card information that expires after a limited time or number of usages (i e.,, just one time) so,
A magnetic credit card chip that makes it completely compatible with existing readers. In the evaluation, the researchers show that the cost of the magnetic card chip is about fifty cents,
A mobile banking application that automates the process making it extremely user friendly. Cao and his colleagues conducted real-world experiments with the Safepay technology performing transactions with a vending machine
During the experiments, they used a bank application, cell phone application and magnetic credit card chip.
The disposable credit card information was acquired from Shopsafe by registering several disposable credit card numbers with Bank of america.
Image credit: Wyss Institute at Harvard Universitythe 62 edits were executed by the team to inactivate native retroviruses found in the pig genome that have inhibited so far pig organs from being suitable for transplant in human patients.
Image credit: Eana Park/Stony Brook Universityboth cardiac cells in the heart and neurons in the brain communicate by electrical signals,
In the United states, costs for kidney disease are about 40 billion dollars per year. Kidney disease affects approximately 700 million people worldwide.
Kidney disease costs the United states 40 billion dollars per year and affects 700 million people worldwide. Twelve million patients have polycystic kidney disease
there could be bacteria producing entirely new proteins. o make a billion-dollar business, yes, we need a protein,
and the United states, is projected to cost dozens of billions of dollars to produce a working reactor sometime in the 2030s.
The recent experiment indicated that the companyhich has attracted millions of dollars in funding from investors including Goldman sachs and Vulcan Inc,
Companies like Tri Alpha offer a path to fusion paved not with taxpayer dollars but with private-sector moneyhich ultimately is the only way to actually get something built.
Kumu is also working on a chip that will make it possible to shrink down the package containing the company technology from roughly the size of a hardback book to something more akin to a credit card.
Google boasts that the solution offers its customers single-digit millisecond latency and double the performance per dollar when set against HBASE and Cassandra, according to Tech Crunch.
Deutsche bank estimates sales of battery storage systems for homes and businesses could yield as much as $4. 5bn in revenue for Tesla.
The new wind farm is to be built near the Dogger Bank in the North sea and will have 400 turbines.
To give Google credit where credit is did due, they at least manage to mock the megalomaniacal nature of their own announcement,
#Brit boffins build'tractor beam'out of sound Researchers from Spain and The british city of Bristol have found a way to move objects using sound.
"On a pound for pound basis,"Henderson claims,"there's no better way to levitate something than our engine."
A Wi-fi First model could save consumers literally trillions of dollars over the next decade if adopted in mass,
Verizon brand (which the company spends more than a billion dollars promoting each year) is diminished. This model commoditizes the wireless carriers while simultaneously putting downward pressure on their margins.
#Stratos starts shipping its all-in-one smart credit card Today, Stratos announced it has begun shipping its smart credit card to those who preordered it.
The announcement comes just after competitor Coin has started to ship its connected card. Though Coin was the first to ship,
Stratos enables you to compile all your credit cards on a single Bluetooth connected credit card that links up to a mobile app.
The idea is connected that one credit card is easier to manage and safer than a wallet full of credit cards.
Stratos doesn display credit card numbers and you can remotely lock your card in the event that you ever lose it.
more accountable and more management scalemakes Google sound more like a financial services firm than the innovative tech company we know and love.
and credit card details. vid Life Media has failed to take down Ashley Madison and Established Men, Wired quoted Impact Team as saying in a statement accompanying the online dump. e have explained the fraud, deceit,
while Iranian hackers have targeted American banks. Writing on Medium he said:""Networks that control much of our critical infrastructure-including our financial systems
The Turkish government has done also its part to help the ecosystem grow with the launch in 2013 of an incentive program that allows qualified angel investors to access significant tax deductions on their angel investments (up to 75 percent or 1 million Turkish lira.
The effect of election years on currency fluctuations for the Turkish lira is very challenging for startups,
In October last year, the European Bank for reconstruction and development, together with six Turkish banks, launched the Finance and Advice for Women in Business programme,
which he looks at the rise of financial services companies as developers and sellers of IT services.
, financial services companies) The emergence of financial services companies as IT providers is something that has been brewing for some time.
Even before the tech onslaught, many large banks have rented out their services (such as check processing) to other institutions as additional sources of revenues.
Press cites some interesting examples--such as Santander being the first global bank"to offer cloud data storage services to corporate customers"
and Bank of america planning"to have 80%of its workloads running on software-defined infrastructure inspired by Web companies."
It's not just financial services companies that are leveraging their IT assets to branch out into new digital lines of business, of course.
which ultimately saw the company fined hundreds of millions of euros. If the EC proceeds with a $6bn fine it would become the largest fine it has issued to date.
store and then write per dollar per month is extremely high, "Cloud Bigtable product manager Cory O'connor said.
Google says the new service offers twice the performance per dollar and half the total cost of ownership of its direct competitors."
"The second area where Google expects Cloud Bigtable to find a role is in new projects in areas such as the internet of things, advertising, energy, financial services and telecoms.
and with the Cassa Depositi e Prestiti bank to act as a guarantor, the Italian national press agency ANSA reported.
Most industries report a rapid increase in anticipated hiring led by information services (up 51 percent over last year) and finance and insurance (up 31 percent.
--and the 100-meter Green Bank Telescope in West virginia showed the presence of lumps in the image of Sagittarius A*.Recent upgrades have increased greatly the sensitivity of these telescopes.
and accompanying death in infants with a birth weight below 750 grams or 1. 65 pounds.
The methods are applied commonly for productivity and efficiency analysis in banking and industry. Moreover her thesis include a new dynamic approach to model nutrient stocks and flows.
It is now 30 percent below 2009 levels in constant dollars. Since the NIH has fallen victim to congressional gridlock people in the biomedical community are starting to organize on their own.
The REON II device or Sonde deployed October 6 on the banks of the Hudson river in New Hamburg N y. is providing real-time data called for by scientists to better understand the complex relationship between humans the built environment and our fragile waterways.
birds and other life inhabiting the river, its banks and its marshes. Managers must plan to turn on the taps
They completed this study with original analysis of patient material from the Ontario Tumor Bank in Canada and the Integrated Biobank of Luxembourg.
but it costs tens of thousands of dollars Aldrich said. This enables us to answer a very specific question right here in the lab. The uncharted genome sequences have been a point of contention in scientific circles for more than a decade according to Maggert a Texas A&m faculty member since 2004.
of which can take up to two weeks and several thousand dollars to manufacture. And the more complex the system the higher the number of iterations needed.
pound for pound, than other materials used in engineering for moving objects, he reported in a paper published in Nature Nanotechnology,
A partnership involving Council Lead Partner Mastercard, however, hopes to change that. Mastercard is partnering with Masabi to completely eliminate the need for cash
or even advance planning when using transit. Masabi is known for its comprehensive mobile ticketing platform already in use by 22 transit agencies worldwide.
The partnership with Mastercard will make it even easier for transit customers to pay. Not only are the days of fumbling around for cash over
riders may not even have to pull out their credit cards. A transit overhaul in Athens The first city to benefit from the partnership is Athens, Greece,
The Mastercard/Masabi partnership allows riders to buy their tickets with a quick tap on their smartphone.
The solution incorporates Mastercard Masterpass, which allows people to store digital wallets securely on their mobile devices.
Credit card and other payment information can be stored in the digital wallet allowing people to pay without needing to swipe
or manually enter their credit card information. Reducing lines through convenience There is no doubt that contactless cards are fast.
With the Mastercard/Masabi partnership, the smartphone is the common platform. The rechargeable contactless cards used by many transit systems also create two lines:
And its approach didn break the bank. The state estimates the savings in the millions of dollars.
The savings are so great, it doesn bother to calculate a total. Over the past 10 years, the program has cut the number of chronic homeless in the state by 91%--drawing the attention of the Washington post
"A considerable amount of public dollars is spent essentially maintaining people in a state of homelessness,"Dennis Culhane,
and the Pandemic and All-Hazard Preparedness Act (signed into law 2 years later) allotted billions of dollars in funding for research into medical countermeasures to be used in the case of nuclear, chemical,
#White house unveils smart grid strategy, $250 million in loans WASHINGTON, D c.--If Thomas Edison could drop into 2011
--and $250 million in loans--for building a 21st century'smart grid'as a catalyst to make power less expensive,
so you can be underwater on your mortgage, have a two-car garage and enslave yourself to lawn care?
Image credit: Apple Insider Related:''Cliff'bill winners: wind, rum, electric scooters and more Can this polystyrene pedal-powered plane break world records?
Solar group to World bank: Give us gas and oil's $12b, and we'll cool planet Siemens:
880m euros'worth of wind power orders since July Google invests $75 million in U s. wind far r
which provide every conceivable function from credit card transactions to finance to procurement to human resource management--whatever it is there's an API for that.
when the payments world was dominated by Mastercard and Visa. API technology has opened up this restrictive market,
Plus millions of dollars for the software. Enter Medsphere a commercial supporter of Vista software.
the world's largest crude oil exporter, is launching an ambitious multi-billion-dollar plan aimed at creating an industry around its other abundant resource,
car ownership costs rising (high gas prices, insurance, etc.;states making it difficult to get a driver's license;
With protective packaging, anything that weighs more 10 pounds. Anyone that uses plastic foam, we d like to replace it.
Chief scientist and cofounder Gavin Mcintyre just won a half a million dollar proposal to adopt this same platform for automobile interior trim parts and cushions.
image credit: Google maps, David Worthington) Related on Smartplanet: What the NRC really knew about Fukushima Fukushima ocean radiation could pose sleeper threat Nuclear meltdowns nearly made northern Japan uninhabitable do need we to worry about radiation in our milk?
It uses a CO2 powered piston that launches the 11-pound machine into the air.
"The present solution is to have a switchable filter bank along with switchable and/or multi-band antenna, ays Jacob Adams,
and Samsungpent millions of euros on human listening tests. Full-HD Voice quality was possible even at data rates as low as 9. 6 kb/s. The processing power of modern smartphone chips is a key enabler for the new codecs.
The information can also be used to prove to insurers that the money they spend on health care is producing results. ealth care providers are more and more being paid for outcomes,
"That translates into millions of dollars per power plant per year, "said Daniel Preston, one of the MIT authors of the paper, in a press release.
Silicon valley Postsecondary education And A Half-Trillion Dollars It easy to forget that these are early days for the Internet.
I get a giant bear hug and the credit for getting them there, and other educational tools are sidelined.
and 2012 kicked off three back-to-back State of the Union addresses pushing universities to reduce student debt
and has its eye on the postsecondary education market worth a half-trillion dollars every year. Read on for a sneak preview of the next few years,
The source of college funding changed from family wealth to federal loans. Most importantly, the goal of attending college moved from holistic education and a future in academia and research to career development and jobs.
#Apple Pay Now Supports Cards That Make up 90%Of U s. Credit Purchases Apple Pay is gaining steam just months after launch with the company revealing to the NYT that it now supports cards from providers that make up 90 percent of the credit card
. In addition to ten new banks that are coming on board today It s now accepted in more places than ever before with Staples Winn-dixie Albertson and the Amway Center turning on support in the latest wave.
and is working on an integration with a banking partner that will make its savings happen even more seamlessly.
give Digit access to your online banking account credentials, and over time the company gradually transfers funds from your checking account and into a non-interest bearing but FDIC-insured Digit savings account.
The service does so seamlessly, without asking you how much you want it to transfer beforehand.
Most days it provides users with the balance of their checking account, but occasionally also updates them on how much theye saved with Digit over the course of a week or a month.
For example, type ecentand Digit will text back the last three transactions to be recorded by your checking account.
the way a normal savings account would. That will no doubt cause some skeptics to complain that any Digit user would be better off just putting aside the money themselves into their own savings account.
Or better yet those users should be putting their money into stocks or bonds or basically anything with a better financial return than a sub-1%APY savings account.
But those people are missing the point: Digit exists because the majority of people in the world aren good at saving money
and you don really notice any money has gone missing from your checking account, well then, the team at Digit believes it doing its job well.
as the company works to integrate with a major banking partner. Doing so will lower the cost of processing its ACH transfers to more favorable rates,
Rather than relying on a combination of different banks and other payments processors for individual markets,
It has partnerships with all the major credit card companies, as well as local payment processors around the world.
Its platform works in nearly 200 countries, allowing partners to get paid in virtually any currency and through a wide variety of payment methods.
Over the past several years, hackers have stolen consumerspersonal information and credit card numbers from some of the largest retailers.
Large companies like Adobe and ebay have seen emails and other personal account information stolen. And whistleblowers like Snowden have revealed the most private and devastating aspects of government spying agendas.
Adobe, AIG, Akamai, AOL, Appnexus, AT&T, BSA, ebay, Electronic arts, Expedia, Facebook, GE, Goldman sachs, Google, Groupon, IAC, IBM, Lockheed martin, Massmutual, Microsoft
Girls Who Code adds COVERGIRL, Mastercard, and Samsung to its list of foundation partners as well.
bitcoin for traditional currency; at home 3d printing for manufacturing; and right now in Hong kong, Firechat, which is enabling protesters to circumvent Internet service providers.
#Update Lending Club IPO Shows The Profit Potential For Financial Technology Investments Lending Club $5. 4 billion initial public offering on the New york stock exchange is more than just the largest IPO
it trillions of dollars and represent billions of dollars of opportunity, says Matt Harris, a managing director with Bain Capital Ventures who specializes in backing financial services technology companies.
The most immediate winners are Lending Club investors among them Norwest Venture Partners, Canaan Partners, Morgenthaler Ventures, Bay Partners, Foundation Capital, Union square Ventures,
and Kleiner Perkins Caufield & Byers. Norwest Venture Partners is the largest holder with 50.8 million shares,
an investor in several financial technology companies including Lending Club, the soon-to-list Ondeck Capital, Motif Investing, and Lendinghome.
Moldow, whose lengthy white paper mapped the potential of marketplace lending, says that these companies are the vanguard of a larger host of companies that will remake finance. here are equity fundraising
and investment banking underwriting services that eventually will be transformed, but are still the old boy club, says Moldow.
Waiting In The Wings Beyond Ondeck a slew of online credit businesses are waiting in the wings with aspirations to take their own bow on the IPO stage
and their own twist on the lending business that was pioneered in the U s. by Lending Club and its earliest direct competitor, Prosper.
Companies like Social Finance are pitching student lending services; Funding Circle, Ondeck, Swift Capital, CAN Capital,
Some startups are pursuing even more specialized types of loans, with Lendinghome and Assetavenue targeting home buyers with mortgage loans,
and Applepie Capital looking to lend to would-be restaurant franchisors. e see the lending club IPO as a bellwether for a major structural shift in the way that consumers
and small businesses get access to credit, says Funding Circle cofounder Sam Hodges. t one step in what will be a multiple step shift in companies like ours coming to scale
and changing the ways that parts of the market work. Shaky Beginnings The success of the lending business wasn always so certain.
As the financial crisis loomed in 2008 the U s. Securities and exchange commission took a hard look at both Lending Club
and Prosper and both businesses were forced to shut down while regulators assessed how they be overseen and by which watchdog.
and Lending Club took to addressing regulatorsconcerns as one reason why Lending Club was able to take the pole position against its rival,
which had actually been the first peer-to-peer lender to launch in the U s. market. The two companies have approached always peer-to-peer lending somewhat differently.
Lending Club curated its borrowers and lenders from the outset while Prosper had a much more freewheeling,
pure marketplace approach to its business, investors said. And both companies stumbled in the face of regulatory scrutiny.
Lending Club was nearly out of money when investors like Salil Deshpande from Bay Partners (and now with Bain Capital) came in to revive the business in 2008.
alil invested in Lending Club as a Series A in 2008. We were in the middle of the financial crisis
while lending businesses almost as a rule, can only look to public markets for exits. here are no M&a acquirers of these lending companies.
Regulators will not let banks use equity to buy growth, says one investor familiar with the market. Also, the economics of lending make it a more profitable business then any of the other,
advisory services that could come to market. With loans there risk and a multiple that lenders make based on the risks they take,
whereas advisory services or transaction services are taking a percentage on the service they provide
or returns they generate for customers. So which businesses could be the next wave of financial technology companies to go public?
says Harris. ublic markets are going to show us that financial services companies led by lending are going to be hugely valuable.*
with buyers using bank transfers to overcome payments issues, the postal service/meeting in person tapped for delivery,
-A $1 million insurance policy on each ride (as personal auto insurance generally doesn cover commercial use)- Background checks-Regular vehicle records checks Sidecar is taking on Uber et al. with an interesting tactic:
create hundreds of thousands of jobs and save citizens billions of dollars a year by 2030.
and keep hundreds or thousands of dollars of advanced technology from cooking itself. The only time anyone talks about a computer fans is
Both companies are focused intensely on growing their market share inside of the corporate market#large companies have large dollars
#Insikt Introduces Lending As A Service For Brands The lending space couldn be hotter, with folks like Lending Club set to IPO,
One of these new competitors just raised $16 million to let brands become the lenders of the future,
The San francisco-based lender will provide software that allows brands to offer small loans to their consumers,
trusting Insikt to handle the meticulous details of actually providing the loans. These brands can range from retailers and merchants to actual banks
who are limited often to a small window of financing. All loans are put on Insikt balance sheet for the first few months of their existence,
powered by capital from Capital one and Atalaya Capital Management, among others. After each brand has its own portfolio,
the entirety of that brand investments will be pooled together and issued as bonds to investors. This allows them to diversify where their money is going,
The platform offers investors the opportunity to power loans for brands, which will in turn have technology that provides customers a lending option at Pos.
Revolution Ventures provided the capital for Insikt $16 million round of funding, dedicated to power growth for the company,
but big financial firms have provided also upwards of $70 million in debt into the company to juice its lending business u
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