On September 12th the LHoFT (Luxembourg House of Financial Technology) signed an MoU with DeepBlue Technology, a Chinese pioneer in the technological field of Artificial Intelligence. Since 2014, the company has been focusing on developing the newest retail and payment technology bringing forth a new era of retailing. DeepBlue Technology will establish its EU hub in Luxembourg to serve the EU market and develop its research and innovation activities in collaboration with the Interdisciplinary Center for Reliability and Trust of the Luxembourg University.