Plenty of consumers now believe fraud is simply a cost of the digital economy. It’s roughly a 50/50 split among those who accept and reject this premise, according to a new survey by the card-issuing platform Marqeta.
Read MoreIt seems the only thing Congress can agree on is its dislike of big tech.
Read MoreIn a recent panel talk at Davos (where else?), Salesforce’s co-CEO Keith Block advocated for a national data privacy law in the U.S.
Read MoreSpanish Bank BBVA is embarking on a partnership with the e-commerce giant Amazon.
Read MoreCan big tech help modernize the U.S. Department of Defense? That’s what Amazon supremo Jeff Bezos hopes.
Read MoreAmazon is getting into the virtual medicine game.
Read MoreThese days, “big tech” is held in about as much esteem by the general public as lawyers, members of Congress, and the colleague who empties the coffee but doesn’t make a new pot. But one name that seemed to stay above the fray was Apple.
Read MoreGiant tech companies just love to make it so their customers stay within their product “ecosystem” for as long as possible. The latest complaints come from homebuilders.
Read MoreAmazon’s Alexa-powered Echo devices are getting to a point of ubiquity. Walk into any home in America and there’s a good chance you’ll see an Amazon Echo device inside. And this doesn’t go for just tech-savvy millennials; this FR writer has an 85-year-old aunt who happily asks Alexa to turn on her favorite radio station to listen to some Al Jolson.
Read MoreOne of the announcements out of Sibos in London this week is a report on payments. Real-time payments are quickly becoming the norm around the world, with the most activity in the Asia-Pacific region.
Read MoreAmazon is generally thought of as an unstoppable behemoth. But that hasn’t discouraged competitors — specifically Microsoft, which this week announced a new service that will let brands create detailed personalized product web pages with room for customer ratings and reviews.
Read MoreBig tech seems to be having some tax woes lately, from the efforts of EU antitrust authorities to recover what they say are tens of billion in back taxes to the new “digital tax” imposed by France and a court case that could impact multinationals.
Read More“Break up big tech!” has been the cry in recent times, as privacy and data-use concerns — among others — have caused both the public at large and politicians to cast a skeptical eye toward the major tech firms. (Bankers are surely relieved at this current reprieve from being Public Enemy Number 1.)
Read MoreFinancial service firms have expressed greater interest in digital innovation, but can they make the shift?
Read MoreWe don’t know about you, but we think “Satellite of Love” is undoubtedly one of the highlights of Lou Reed’s post-Velvet Underground solo career. While there’s long been some debate about the meaning of the song, it’s probably clear Reed wasn’t referring to Amazon’s ambitious plan to cover all the globe with internet access via a series of satellites.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
