earning a currency or working towards a goalwe didn have those so what we were having is really good
and 2x the performance per dollar when compared to the likes of HBASE and Cassandra. Because it supports the HBASE API
Interestingly, Poland is a leader in payments with a number of clever smaller banks offering more NFC and bitcoin payment options than anywhere else in Europe.
It just the matter of time when payments with the online currency will become as popular as using credit cards today.
and various types of credit card fraud, has begun incorporating various types of biometric technology to enhance security
As recently reported, Mastercard is launching a facial recognition payment service based on elfiestaken on a smartphone.
For now, Mastercard customers must still use a password when making purchases via the ecurecodeservice,
Mastercard stated that it also is working on a payment program based on voice recognition. Mastercard imminent transition to biometrics was preceded by Apple Pay launching in October 2014 of a biometric payment technology based on fingerprint ID. The newest iphone models are equipped with Apple Touch
ID fingerprint reader. And then there is Paypal, which has boosted security on its mobile app by using fingerprint sensors that are installed on some Samsung Electronics devices.
and access personal accounts. The notorious hacking group called the Chaos Computer Club even replicated the fingerprint of the German Defense Minister.
cloud, banking and payments industries must prepare themselves for the shift from traditional authentication methods to the new biometric systems.
and banks millions of dollars and provide high-level protection against cyber attacks. However, when it comes to the extensive use of biometrics in the payments industry,
Since you always pay by credit card or mobile, he hopes to create discounts for regulars that increase every time you dine at Eatsa.
#Online Bank Simple Ditches All Its Fees When the online banking service Simple first got started,
one of its promises to customers was that it would eliminate many of the excessive fees that traditional banks charge
while also offering an improved and mobile-optimized banking experience. However, while Simple certainly did away with a number of the most common banking fees like maintenance fees, overdraft fees,
or minimum balance fees, for example it still charged fees for other, lesser-used services. But now Simple is ditching all its fees,
it splits the interest margin with its partner banks and it splits the service fee merchants pay to the issuing bank.
This is the same way it always made money, to be clear, but now it eating the cost of even more fees in an effort to improve the overall customer experience. his revenue model is a manifestation of our belief that you should have access to your money
because it no longer operating as a startup in need of funding to stay alive the company was acquired last year by financial services corporation BBVA for $117 million.
and has an in industry low CPA (for personal retail checking accounts) by a significant margin.
Wee also heard that Simple current growth rate is roughly on par with a bank that would have 5, 600 branch employees,
Simple may appeal to those who are fed up with their current bank and looking for a more affordable alternative.
they do miss out on some of the options bigger banks provide like high-yield checking and savings accounts, for example.
That means at some point, a portion of Simple customers may consider other online banking options perhaps opting for bank that does profit from overdraft fees in exchange for better interest rates, for example.
Like most banks, there are fees for using out-of-network ATMS and Simple won reimburse for those.
its customers have access to more than 55,000 fee-free ATMS twice the number of Chase and Bank of america combined
A Chinese company has introduced also a robot banker, which can handle some routine chores, provide banking information and guide customers.
and the northern West bank to inspect the flow of Palestinian cars and trucks s
#New antibody may fight HIV better Scientists have identified a novel antibody that could more effectively detect and neutralise HIV virus in an infected patient.
which within a few months grows from only few cells into an organ weighing approx. two pounds,
"We print them onto plastic in more or less the same way we print our plastic banknotes,
The only problem of course, has been in handing over the many thousands of dollars needed to purchase an automated robotic telescope that capable of providing clear images of the outer cosmos automatically.
and print those changes without investing thousands of dollars in molds or machining parts out of expensive materials.
capable of extruding 100 pounds of material per hour with a 8x 20x 6build volume, even more massive than the original BAAM 7x 13x 3envelope.
without any of the waste that goes into mass manufacturing parts. e used over 20,000 pounds of material for this project,
Taking out wisdom teeth when you don't need to costs Australians millions of dollars say experts.
#Groundbreaking Work with Two-Photon Microscopy Wins Brain Prize The 1 million euro Brain Prize has been awarded to four scientists three of them Cornell alumni for their groundbreaking work with two
Credit: Rohit Bhargava, University of Illinois Using a combination of advanced microscope imaging and computer analysis,
In addition, the disposable portion of the device should cost less than a dollar to manufacture. Po-Hsun Huang, a graduate student in the Huang group and the first author on the recent paper describing the device in the Royal Society of Chemistry journal Lab on a Chip,
and other technology writers and industry executives have predicted a multi-billion dollar market is coming.
Using less insecticide could mean saving tens of thousands of dollars for small growers, a make-or-break figure for those who are struggling with stunted production and less or no profit due to the disease. uring the past 15 years,
while banking or financial services companies continued to occupy second place but at a slightly lower starting salary of £31,
said banking details and personal information could have been accessed. A criminal investigation was launched on Thursday. The company said it did not know how much of their customer information had been encrypted.
Dido Harding said any credit card details taken would have been partial and the information may not have been enough to withdraw money"on its own".
In one of the most pointed exchanges in the entire session, Mr Modi said he hoped Mr Zuckerberg's motivations weren't purely about Facebook's bank balance.
He noted that"round globules filled with water"floated on the seawater and formed when the freshwater detached sand from the sand banks."
#European union Lags Well Behind the U s. in Innovation There are many different explanations for the euro crisis:
poor fiscal management, loose banking regulation, etcut one major contributor to Europe problems that continues to hold back economies today is a lack of innovation, reported Simon Nixon of The Wall street journal. The European commission own
But a 2011 survey estimated that European farmersfailure to adopt G. M. crops had resulted in lost revenue of between 500 million and one billion euros per year.
when the gluten-free industry is worth nearly a billion dollars a year in the U s. alone.
and more federal research dollars may flow, she said. Many people with the disease would like to"eat actual wheat,
"Commerzbank analyst Sascha Gommel told Reuters. Tesla's Elon musk put his electric-car patents into the public domain last year in the hope of boosting development of competing electric car technology.
according to Goldman sachs. Companies such as electronics maker TCL Corp. are using robots to produce higher-value goods. At one factory in Shenzhen,
Drones that weigh only a pound or two or that can't fly higher than a few hundred feet are considered less risky.
but agency officials have said they're concerned that even a drone weighing only a few pounds might cause serious damage
able to dispense money without a human bank teller being there. But nowadays, needing to find an ATM to get some money out of the bank can be a real hassle.
That's why Poland's Ideabank turned four BMW i3 electric cars into mobile ATMS, dispensing cash to customers via a mobile app, reports Carscoops.
The ATM i3 can also pick up cash from customers business, saving them a trip to the bank,
the Ideabank mobile ATM could redefine banking convenience. No more making quick runs to the cash machine
when you can just call the cash machine to you u
#Solar Important Part of Energy Mix in Australia olar is playing an increasingly important role in Australia energy mix,
said the CEO of the country Clean energy Finance Corporation, adding that both the residential and commercial solar industries are ramping up.
we expect unlimited solar will cost no more than a few of dollars a month, but we also plan to offer ways for people to get it for free,
In the late 1990s, the government created renewable energy credits (RECS) as a way to separate renewable from nonrenewable energy.
or micro credits it calls Sunjoules. Partnering with Rechoice and using Sunjoules is unique to Sunport,
Moreover, for each dollar Rechoice spends to acquire SRECS, it spends a matching dollar to install new solar on other nonprofits,
which get free electricity from those installations. That way, each Sunjoule micro credit upgrades a little bit of power today, helps add a little more new solar production to the grid
and aids in powering worthy nonprofits for years to come. he use of micro credits through a Sunport,
multiplied by many users, over time causes a lot of good, adds Droege. So, in a nutshell, Sunport tracks the energy you use,
then syncs your account up with micro credits to upgrade your grid energy use to solar, based on the well established and regulated SREC market.
and weighs one and a half pounds. It has a 7, 500 milliamp-hour battery (7500 mah) for the times there is no wind. hat less than one charge for a laptop,
Bitcoins, an online currency that is hard to trace, are becoming the preferred way hackers collect ransoms, according to FBI Special agent Thomas Grasso,
Credit: American Chemical Societythe research, reported by the American Chemical Society, was carried out by Kyeongwoon Chung and Dr Jinsang Kim from the University of Michigan.
#Brain training app that could help schizophrenia sufferers live a normal life A new brain training app developed to help improve the memory of people with schizophrenia could save taxpayers thousands of pounds,
Shares in Nokia dipped 0. 6 percent to close at 6. 39 euros, underperforming a flat European technology index.
Nokia was advised on the deal by investment bank Evercore and law firm Shearman & Sterling. Law firm Hogan Lovells advised the overall automaker consortium and Daimler specifically.
Self-driving and connected car services could become a $50 billion market analysts at Exane BNP PARIBAS have estimated.
Retinal scanning to be trialled by Citigroup Citigroup is testing new technology that will allow customers to withdraw money using retinal scanning.
The bank wants to replace PIN codes with biometric scanners that could identify customers using only their eyes.
Citigroup said the retinal scans would take 15 seconds to complete compared to 45 seconds for traditional transactions.
The Wall st Journal reported that Citigroup has not set a date for when the retinal scanners would be introduced.
The bank may have to overcome privacy concerns as some customers may be uncomfortable giving their biometric data to such an institution.
Citigroup says it has been working with cash machine manufacturer Diebold and has confirmed that preliminary scanning tests have been carried out on 30 consumers in a laboratory at it head office in New york. The test cash machines do need not even a screen
or a touchpad as all the information is loaded by the app ahead of time. Citigroup is not the only financial institution testing out cardless cash machines-JP MORGAN CHASE
and Bank of america are working on similar technology. The moves comes in response to US credit scoring firm FICO announcing that in May this year the number of attacks on debit cards used at ATMS had reached its highest level in 20 years.
In the UK criminals have become increasingly adept at getting consumerspin codes from ATMS, including installing tiny cameras to record the moment they type the information in.
Fraud on lost or stolen cards in the first six months of last year reached £29. 2 million
In total, his firms are worth several billion dollars. His latest enterprise, the Soundhawk Smart Listening System, raised $11. 2 million in funding.
so that faculty and students across our campuses will successfully compete for grant dollars and launch bioscience ventures."
A further 5 million euro facility geared specifically to solid-state NMR is currently under construction at the Helmholtz Zentrum in Neuherberg g
and millions of dollars and that no one would adopt, "Aizenberg said. The goal, she said,
U s. Navy spends tens of millions of dollars each year dealing with the ramifications of biofouling on hulls.
He noted that"round globules filled with water"floated on the seawater and formed when the freshwater detached sand from the sand banks."
ABS-3a needs only 11 pounds (5kg) of xenon gas per year to maintain station-keeping,
Credit: NASA/JPL/University of Arizona) ur quest on Mars has been to ollow the water, in our search for life in the universe,
which within a few months grows from only a few cells into an organ weighing approximately two pounds,
At about 2, 300 kilograms (5, 070 pounds), the Si2 weighs about as much as a minivan or mid-sized truck.
An empty Boeing 747, in comparison, weighs some 180,000 kilograms (400,000 pounds) u
#Travelex'Supercard'points to lower consumer FX costs LONDON (Reuters)- Travelex (IPO-TUL. L) unveiled a new UK digital wallet
an important step by one of the big global players in foreign currency travel money to test out lower margins as existing business models come under threat.
Fuelled by the electronification of the $5 trillion a day global currency market, the World bank has aimed to reduce the cost of exchanging even small sums physically or electronically to less than 5 percent of the value of transactions.
The original deadline for that move has already been missed but those fees are falling steadily,
presenting difficult choices to those like Travelex, Western union (WU. N) or Moneygram (MGI. O) who have large retail networks built on higher transaction costs.
It allows British travellers to register up to five UK credit or debit cards which they then use to make payments while abroad electronically,
and Mastercard tend to charge on top of interbank foreign exchange rates. That compares to real costs of spending euros
or dollars on most cards starting at an absolute minimum of just over 1 percent,
or with Visa and Mastercard closer to 3 percent.""The world has changed. Customer behaviour is changing,
the way they interact with businesses and services of all kinds, not just FX,"said the head of Travelex's new digital team, former Google and e-Harmony executive Sean Cornwell."
Over the next few years we are investing tens of millions of pounds.""A number of sector experts Reuters talked to said it was clear that the bigger players were beginning to recognise that they had to change business models
at stake for households in many developing economies are differences adding up to millions of dollars in fees annually."
an ex-American express executive who has worked as a consultant for a number of big retail FX firms.
www. travelmoneyconsulting. com)" Are these enormous networks-Western union has almost half a million points internationally, going to be necessary?
Millions of dollars is spent every year trying to prevent or fix problems related to contamination, labelling, injury, sanitation and wasted raw ingredients.
#Drought, Climate change and California's Multibillion-Dollar Problem Two weeks before California Governor Jerry brown announcement on Wednesday that residents and businesses in the Golden state which is withering amid one of its worst droughts in modern history
what California is currently experiencing will only get worse with tens of billions of dollars hanging in the balance
could cost the state billions of additional dollars in property losses and infrastructure damage. This could include between $8
having already raised $10. 3 million dollars back in 2012 for the initial iteration of the watch.
which have invested hundreds of millions of dollars (with some federal help) to improve performance over their wires.
Using the example of information Google GOOGL-1. 71%collects from its usershich includes names, email addresses, telephone numbers, credit card data, online history, devices used,
That when she and cofounder Amy Poinsett decided they needed to create a platform that tracked every gram of marijuana and every dollar.
The banking transaction works in coordination with the seed to sale software so that the product and purchase match up.
if Bank of america decides cannabis won get them in trouble with the Feds. In the meantime these new companies aren letting any grass grow beneath their fee t
This Technology Reduces Lenses To The Thickness Of A Credit card A team of scientists at the Harvard School of engineering
Thus with the press of the new $ icon and the entry of an amount, you can send money that will arrive to the recipient listed debit card within seconds.
the sender will need to associate a US based debit card with a Visa or Mastercard logo to their Facebook account.
If the user already has a debit card on file with Facebook from gaming, advertising, or donations, this can be the default card.
and delivered to the recipient Facebook associated debit card. Facebook uses the debit card network and the recipient bank
and can take about 24 hours to become usable. Both sender and recipient will see a confirmation message detailing the transfer status and time.
If the recipient has associated not a debit card, they will be prompted to register going through the same process and choices as the sender.
Banking On Debit cards Facebook is currently a debit card based system and is using a similar system that Square adopted for Square Cash 2,
Facebook is also using more recognized APIS that will have the ability in the future to also allow payments from credit cards using the full extent of systems like Visa VPP API 2. The system will also be able to easily scale to countries outside the US
I am rather certain that Facebook has negotiated with a number of regional debit card networks to lower effective rates that Facebook will pay for each transaction.
The debit card networks will see a huge growth of aggregate transactions allowing the networks to continue to be relevant and vital in this new space.
Google Paypal Venmo Square Banks And others It is very clear that a sort of shakeout will commence that will define competing products and perhaps remove a few products from the market.
Banks Banks have been doing person to person payments via inter-accounts and intra-accounts for over two decades.
Banks have finally began to catch up to payment startups with useful and intuitive apps. There is also good reason to believe that banks are currently working on a system that is outside the ACH system
and will allow for instant person to person payments in the next 12 months. However, as it stands today, banks that have whole families
and friends on the same platform in the US may very well continue to hold their own for some time to come,
For example and entire banking system can be built around this platform very much like Brett King has postulated for quite some time.
This new banking future is far closer today than it has ever been. As always you and I along the way
and bank account information to Social security numbers and dates of birth going back thirteen years. While Premera says it does not have evidence that the data was removed from the system or sed inappropriately,
and is offering two years of free credit monitoring and identity theft protection. Premera is the second health insurance provider to announce a major breach this year.
Unlike in the Premera breach, medical data and banking information were believed not to have been exposed in the Anthem breach.
Conversion costs manufacturers nly a couple of million dollars, according to Koska an expense that is set to become the effective cost of staying in the syringe manufacturing business.
In the United states, costs for kidney disease are about 40 billion dollars per year. Kidney disease affects approximately 700 million people worldwide.
The National institutes of health, the NCATS Loan Repayment Program the National Kidney Foundation, the Harvard Stem Cell Institute, the Institute for Stem Cell and Regenerative medicine and the Kidney Research Institute, both at the University of Washington,
and that is used in the strip on your credit card. Because spin has both a magnitude and a direction,
#Teenage Girl Turns Plastic Trash Into Million-Dollar Biofuel An Egyptian teenager has discovered an inexpensive way to turn plastic trash into fuel
and it could be worth tens of millions of dollars a year. Azza Faiad ideas attracted the attention of the Egyptian Petroleum Research Institute.
Dollars per AC Watt Quarterly Average in California Source: Go Solar California Since 2007, the installed price for smaller PV systems (under 0. 5 megawatts) has dropped from around $10 per watt AC to around $5.
#Solarcity Has a New Plan to Make Distributed Energy an Integral Part of the Grid Solarcity has an idea for how to help California utilities tap their own customers as an integral part of their billion-dollar distribution grid plans:
In a white paper this week, Solarcity wrote that the structure could be a key lever for customer-owned distributed energy resources (DERS) to compete for billions of dollars of distribution grid projects being planned by the state big three utilities.
Meanwhile, customer incentives are split up into energy efficiency programs, self-generation incentive program credits, energy storage mandates, demand response payments,
very early calculations we think 20 kilograms 44 pounds of magnesium could get a 100 kilogram 220 pound ship to Mars and back.
Determining an accurate number would require billions more dollars and a great deal more manpower than is given currently to the study of viruses. Though a handful of viruses live in
since the mass spectrometers that are being used cost hundreds of thousands of pounds. But the same technology could eventually be incorporated into easy and small testing kits for anywhere that people need them,
is attracting the interest of hedge funds, banks, consultancies and call centres across the UK. Dr John Coates, a fellow in neuroscience and finance at the University of Cambridge who specialises in the biology of risk taking and stress, said he is now getting bout one call a weekfrom financial institutions,
healthcare companies and tech firms interested in applying his research in the workplace. p to now,
including profiles with all the customerssecret sexual fantasies and matching credit card transactions, real names and addresses,
Turing then raised the price to $750 a tablet from $13. 50, bringing the annual cost of treatment for some patients to hundreds of thousands of dollars.
Seven percent said they missed a mortgage payment, one out of four stopped getting their prescriptions filled
whether we are getting value for our dollar is the actual treatment. With diabetes or hypertension, it important to look at the total medical care costs of treating those conditions,
"In a country where bank cards are used routinely for even the smallest purchases, there are less than 80 billion Swedish crowns in circulation (about EUR8 billion), a sharp decline from just six years ago,
The rest is socked away in people's homes and bank deposit boxes, or can be found circulating in the underground economy.
The result of collaboration between major Swedish and Danish banks, Swish is a direct payment app that is used for transactions between individuals, in real time.
The service's direct collaboration with Bankgiro and Sweden's national bank, Riksbanken, is a critical factor in its success
Arvidsson says Swish is already revolutionizing the banking system, which itself is no stranger to bold digital projects.
With digital giro systems, early electronic payment services and other advances in online financial services, Swedish banks have been early adopters of advanced IT systems,
"Combined with a strong IT sector, this has led to more competitive financial services in Sweden. The success also depends on the Swedish consumer tradition of welcoming electronic payment services."
Several banks in Sweden already have digitalized 100 percent branches that will simply not accept cash."
"At the offices which do handle banknotes and coins, the customer must explain where the cash comes from,
Bank staff are required to file police reports in response to suspicious cash transactions. In spite of its popularity, Sweden will still have to ensure that all people are able to participate in the new payment system,
as billions of dollars have recently been invested into virtual-reality technology: In 2014, Facebook acquired Oculus Rift for $2 billion;
In the United states, costs for kidney disease are about 40 billion dollars per year. Kidney disease affects approximately 700 million people worldwide.
Image Credit: Contains Copernicus data (2015)/ ESA/DLR Microwaves and Radar Institute/GFZ/e-GEOS/INGVSA SEOM INSARAP study) Moving up Nepal Insar By analyzing the satellite images,
Image Credit: ESA SEOM Insarap Study Norut/PPO. labs/Univ Leeds) Mountains shift Nepal Insar The German Aerospace Center (DLR) used the satellite radar data
Image credit: DLR/EOC) Rainbow fringes Interferogram of Kathmandu, Nepal, before and after the earthquake.
Image Credit: Contains Copernicus data (2015)/ R. Grandin/IPGP/CNRS) Near the Tibetan Plateau Combining two Sentinel-1a radar scans from 17 and 29 april 2015,
Image Credit: Contains Copernicus data (2015)/ ESA/Norut/PPO. labs/COMETSA SEOM INSARAP study) Grading map Based on imagery from the Worldview-3 satellite acquired on April 28,
Image Credit: NASA Earth Observatory) Emitted light Kathmandu Satellite Image-Emitted Light This satellite image shows the city of Kathmandu and its surrounding areas after the April 25 earthquake.
Image Credit: Short-term Prediction Research and Transition (SPORT) team/Marshall Space flight Center) Nepal districts affected Satellite Photo of Nepal Districts After Earthquake This satellite image shows 11 districts in Nepal
Image Credit: Short-term Prediction Research and Transition (SPORT) team/Marshall Space flight Center F
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