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Posted by begz
It is still a long way for tech companies to become financial institutions, and it is likely this time will never come. A google-type company can't just suddenly become a bank. Providing a little bit of financial services...
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It is still a long way for tech companies to become financial institutions, and it is likely this time will never come. A google-type company can't just suddenly become a bank. Providing a little bit of financial services...
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Posted by Charlie Babcock
"The rate goes up with social media activity. 'The rule is simple,' the bank says on its website. 'The more Facebook Likes, the higher the interest rate.'" OK, but do every 100 Likes equal a percentage point increase? .1%...
In reply to: Social media activity drives up the rate -- how much?
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"The rate goes up with social media activity. 'The rule is simple,' the bank says on its website. 'The more Facebook Likes, the higher the interest rate.'" OK, but do every 100 Likes equal a percentage point increase? .1%...
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Posted by Brook Zimmatore
Let's say, no banks which have had to give the details of their breach.
In reply to: Re: Is this good news?
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Let's say, no banks which have had to give the details of their breach.
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Posted by Jonathan_Camhi
Yeah most states aren't going to come out with any Bitcoin regulations. I thought it was interesting though how Ny regulators said they wanted to come up with this framework to help encourage innovation around virtual currencies,...
In reply to: Re: Oversight is needed
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Yeah most states aren't going to come out with any Bitcoin regulations. I thought it was interesting though how Ny regulators said they wanted to come up with this framework to help encourage innovation around virtual currencies,...
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Posted by Greg MacSweeney
It's almost a chicken-egg scenario. The CSFB isn't looking at v-currencies yet because the market is still rather small. And the reason why consumers aren't using v-currencies is because their isn't enough oversight. Maybe...
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It's almost a chicken-egg scenario. The CSFB isn't looking at v-currencies yet because the market is still rather small. And the reason why consumers aren't using v-currencies is because their isn't enough oversight. Maybe...
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Posted by Jonathan_Camhi
It was interesting to note that the proposed NY regulation included some consumer protections. There hasn't been anything from the Consumer Financial Protection Bureau on virtual currencies yet, but if states start coming...
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It was interesting to note that the proposed NY regulation included some consumer protections. There hasn't been anything from the Consumer Financial Protection Bureau on virtual currencies yet, but if states start coming...
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Posted by Jonathan_Camhi
It seems like a good way to incentiivze their customers to promote their brand. But I'm sure that it has to have some kind of cap on it. Either that or it takes a lot of likes to increase the interest rate signiifcantly.
In reply to: Re: Fidor
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It seems like a good way to incentiivze their customers to promote their brand. But I'm sure that it has to have some kind of cap on it. Either that or it takes a lot of likes to increase the interest rate signiifcantly.
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Posted by MatthiasA679
As Big Data grows in the financial services sector, so does the technology that runs it. Most recently, the Big Data industry is following in the footsteps of High Performance Computing (HPC) by adopting cluster computing...
In reply to: Big Data Infrastructure
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As Big Data grows in the financial services sector, so does the technology that runs it. Most recently, the Big Data industry is following in the footsteps of High Performance Computing (HPC) by adopting cluster computing...
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Posted by Kelly22
I thought the same thing when I heard about this. It's really tough for vets to make that switch and the more helpful information they have access to, the better. I'm sure this project will help ensure a smooth transition...
In reply to: Re: Military Separation
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I thought the same thing when I heard about this. It's really tough for vets to make that switch and the more helpful information they have access to, the better. I'm sure this project will help ensure a smooth transition...
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Posted by Byurcan
Very interesting, so Fidor sets it's interest rates for savings accounts based on how many likes its customers give them on Facebook? An interesting way to entice people to interact with your brand on social media, but is...
In reply to: Fidor
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Very interesting, so Fidor sets it's interest rates for savings accounts based on how many likes its customers give them on Facebook? An interesting way to entice people to interact with your brand on social media, but is...
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Posted by Jonathan_Camhi
I think the BBVa acquisition of Simple earlier this year is a great example of the kind of acquisition that you're describing Arjun. I'm sure there are other banks looking into similar acuqisitions.
In reply to: Simple Acquisition
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I think the BBVa acquisition of Simple earlier this year is a great example of the kind of acquisition that you're describing Arjun. I'm sure there are other banks looking into similar acuqisitions.
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Posted by Jonathan_Camhi
I was thinking in terms of a breach that was somewhat on the scale of the Target one. If a breach is quickly detected and the right monitoring and policies are in place, and the most important data is compartmentalized so...
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I was thinking in terms of a breach that was somewhat on the scale of the Target one. If a breach is quickly detected and the right monitoring and policies are in place, and the most important data is compartmentalized so...
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PR Newswire
Bank Systems & Technology - August 2014Modern core systems are emerging as the foundations of effective channel integration and customer engagement initiatives.
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