- AR Drone That Infects Other Drones With Virus Wins DroneGames (IEEE) — how awesome is a contest where a group who taught a drone to behave itself on the end of a leash, constantly taking pictures and performing facial recognition, posting the resulting images to Twitter in real-time didn’t win.
- BitCoin-Central Becomes Legit Bank — After all this patient work and lobbying we’re finally happy and proud to announce that Bitcoin-Central.net becomes today the first Bitcoin exchange operating within the framework of European regulations. Covered by FDIC-equivalent, can have debit or credit cards connected to the BitCoin account, can even get your salary auto-deposited into your BitCoin account.
- The Antifragility of the Web (Kevin Marks) — By shielding people from the complexities of the web, by removing the fragility of links, we’re actually making things worse. We’re creating a fragility debt. Suddenly, something changes – money runs out, a pivot is declared, an aquihire happens, and the pent-up fragility is resolved in a Black Swan moment.
ENTRIES TAGGED "banking"
Startups tap realtime marketing, NFC in the U.K.'s post office, and banks need to remain "top of wallet."
An ecommerce startup aims to understand real-time consumer intent, a 350-year-old post office embraces mobile, and mobile wallets could disrupt brick-and-mortar banks. (Commerce Weekly is produced as part of a partnership between O'Reilly and PayPal.)
The Mifos Initiative is using open source software to serve the developing world.
Creating financial software for the developing world is tricky business. Variations between countries — and between the banks within those countries — make proprietary solutions unsustainable without massive investment. The Mifos Initiative has gone a different route: manage an open source project that lets banks customize software to meet their unique microlending needs.