Consumer outcry has led General Motors to cease sharing connected car data with brokers. “As of March 20th, OnStar Smart Driver customer data is no longer being shared with LexisNexis or Verisk,” GM told Ars Technica Friday (March 22). “Customer trust is a priority for...
It’s mid-February, and the tone of earnings season — along with various partnership announcements — has underscored the value of data harnessed by all manner of providers to make open banking more of a reality in the U.S. Permissioned data is arguably the most essential...
Cohesity and Veritas have announced their definitive agreement to combine Cohesity with Veritas’ data protection businesses, forming a new company offering artificial intelligence (AI)-powered data security and management. The remaining assets of Veritas, including its InfoScale, Data Compliance and Backup Exec businesses, will form a separate company called DataCo, the companies said in...
Trustly has integrated MX Technologies’ data enhancement services into its open banking product suite. With consumer-permissioned transaction data that has been cleansed and categorized, Trustly merchants will be better able to make marketing offers, loyalty programs and risk decisions that are informed by consumer spending behaviors, the...
Two key words for the payments landscape in 2024 include personalization and embedded. Banyan’s platform is helping merchants, banks and FinTechs navigate both. “It is always important to start with the consumer and how they are living their lives,” Alpesh Chokshi, the newly appointed president...
Information services provider Experian has introduced new capabilities for its cloud-based analytics platform Ascend. The new tools are designed to increase operational efficiency, maximize profitability and support lenders and businesses, the company said in a Tuesday (Dec. 5) news release. “Customers will be able to quickly create and manage models...
For almost all FinTechs — and especially for publicly traded firms — it has been a bumpy ride these past few years. Stock prices have been volatile. An overwhelming majority of the names tracked by the FinTech IPO Index trade with “busted” status, or below...
For FinTechs, capturing data, analyzing it, and perhaps even monetizing it through partnerships will help determine who’s profitable, and ultimately, which FinTechs survive and thrive. And profits are sorely needed. As Sezzle CEO Charlie Youakim told Karen Webster, “it’s going to be a tough year.”...
European Union (EU) countries and European Parliament lawmakers are reportedly expected to reach an agreement on light touch rules for Airbnb next week. The proposed regulations will require short-term accommodation rental services like Airbnb to provide data on the number of users and nights stayed to national...