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Microsoft just unveiled a new chip called Majorana1 that it says will enable the creation of quantum computers able to solve “meaningful, industrial-scale problems in years, not decades”. Two months ago Google unveiled Willow, a chip that “can reduce errors exponentially as we scale up using more qubits” and can process a computation “in under five minutes……

Digital banking services provider Alkami Technology is acquiring Mantl, which has been described as “the Shopify of account opening,” for $400 million. Mantl, founded in 2016 by Nathaniel Harley and Benjamin Conant, developed software to make it easier for people to open accounts digitally at community banks and credit unions. The end goal is that…

This week’s main blog discussions include … European regulation strangulation, part 2 America innovates, China replicates and Europe regulates I often find the maze of European regulations hard to follow and track. It’s ok if you’re tracking one – like that Payment Service Directives and Regulations – but when you’re trying to track many, it’s……

Things we’re reading today include … Trump orders creation of strategic cryptocurrency reserve Lloyds, Nationwide and Halifax among banks hit by app outage on payday (with quotes from some Chris Skinner guy) The £24m vanity project bound to stay locked in Bank of England’s vaults North Korean hackers ‘took just two minutes’ to pull off……

On Friday, for the second month running, UK banks payment systems were down. Last month it was Barclays. This month, it is Lloyds, TSB and Nationwide, and probably more. The issue is a joint one: there is no branch anymore and online help services continually tell you that you are 19th in the queue, and……

Expense management startup Ramp has nearly doubled its valuation to $13 billion after a $150 million secondary share sale, the company announced Monday morning. New and existing backers including VC Stripes, GIC, Avenir Growth, Thrive Capital, Khosla Ventures, General Catalyst, Lux Capital, 137 Ventures, and Definition Capital bought the secondaries from employees and early investors.…

Things we’re reading today include … The Paypers’ Global Payments and Fintech Trends Report is live – ThePaypers Trump attempts to bail out his wealthy cryptocurrency backers with ‘U.S. crypto reserve’ | Mashable Donald Trump has ‘bailed out’ crypto. The US taxpayer risks being the biggest loser Banking’s critical functions are vanishing into the cloud……

Microsoft just unveiled a new chip called Majorana1 that it says will enable the creation of quantum computers able to solve “meaningful, industrial-scale problems in years, not decades”. Two months ago Google unveiled Willow, a chip that “can reduce errors exponentially as we scale up using more qubits” and can process a computation “in under five minutes……

Microsoft just unveiled a new chip called Majorana1 that it says will enable the creation of quantum computers able to solve “meaningful, industrial-scale problems in years, not decades”. Two months ago Google unveiled Willow, a chip that “can reduce errors exponentially as we scale up using more qubits” and can process a computation “in under five minutes……

Microsoft just unveiled a new chip called Majorana1 that it says will enable the creation of quantum computers able to solve “meaningful, industrial-scale problems in years, not decades”. Two months ago Google unveiled Willow, a chip that “can reduce errors exponentially as we scale up using more qubits” and can process a computation “in under five minutes……