In today’s world, data isn’t just an asset—it’s a vital currency driving everything from investment strategies to consumer behavior, argues Matt Ober, general partner at Social Leverage.
Read MoreAs consumers have gotten so used to “free” tech services such as Google, Facebook, Twitter, and many others, it’s worth noting that old proverb: If you aren’t paying for the product, you are the product.
Read MoreWe’ve already seen laws enacted to give people more control over their financial data and how it can be shared between entities. Now Facebook has announced a “regulator-friendly” feature wherein users can transfer data to other platforms.
Read MoreData centers traditionally have been housed on premises, where businesses and large organizations could keep tabs on everything and feel like they had full control over their infrastructure. But long rows of on-site servers are quickly becoming a thing of the past.
Read MoreIt seems as if there’s news of a cybersecurity breach or some kind of hack every week. Most recently, Redtail Technology suffered a breach that exposed personal client information of advisors who use the firm’s customer relationship management software.
Read MoreOne of the enduring memories of the Obamacare rollout in 2013 was the extreme tech issues with its website, Healthcare.gov. California officials hope a similar fate doesn’t derail its ambitious new data privacy law, set to go into effect at the beginning of next year.
Read MoreTechnology and data have allowed insurers to be much more predictive and accurate when it comes to calculating risk and measuring trends. Usually this has to do with analyzing the behavior of people, but in a world where automation continues to play a bigger role in everyday life, even more questions have to be answered.
Read MoreTechnology over the last decade has automated many areas that used to require a human agent. Think robo-advisors or automated small loan platforms, just to name a couple of examples. Well, AI and algorithms are now casting their eye towards the real estate industry, and specifically the rental broker.
Read MoreIt’s gratifying to see start-ups highlighted in our Company of Note section receive their just validation. A case in point is ClearGraph, which we highlighted in March as a compelling solution to help financial institutions better harness their raw data. This week, the firm agreed to become part of business intelligence and analytics firm Tableau.
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.
