Problems at a Mexico City data-processing center caused widespread failure across the nation’s banking system on Saturday, with companies and consumers reporting a spike in declined payments and transactions. Banks including Grupo Financiero Banorte SAB and the Mexican units of…
Read MoreTag: system
Chinese central bank: banking system liquidity ample after Baoshang Bank takeover
SHANGHAI (Reuters) – China’s central bank said on Sunday that liquidity in the banking system is reasonably ample, and that it would use various monetary policy tools including medium-term facility loans and reverse repurchase agreements to stabilise money markets. The…
Read More
New AI system mimics how humans visualise, identify objects
Scientists have developed a computer system that can discover and identify the real-world objects based on the same method of visual learning that humans use. The system is an advance in a type of technology called “computer vision,” which enables…
Read More