Tagged: Big Tech

December 16, 2020 @ 10:45 pm By Omar Faridi  |  

New York-based tech giant IBM Corp. (NYSE:IBM) has acquired Expertus Technologies Inc., a Canadian Fintech company that assists clients with processing over $50 billion in transactions per day. IBM bought the company so that it could enhance its electronic-payments capabilities. Expertus has now been added… Read More

October 31, 2020 @ 12:47 pm By Omar Faridi  |  

Bill Scannell, President, Global Sales & Customer Operations, Dell Technologies (NYSE:DELL), explains how companies across the globe are adjusting to working in the “new normal” environment following the COVID-19 outbreak. He writes in a blog post that Brazil-based retailer Grupo Boticario had to address a… Read More

September 9, 2020 @ 6:44 pm By Omar Faridi  |  

Vaduvur Bharghavan, CEO and president of Fintech firm Ondot, a card app platform, has pointed out that the Apple Card was the first to set the expectation for what should be offered by an all-digital payment card. He added that the Apple Card really set… Read More

August 28, 2020 @ 8:03 am By Omar Faridi  |  

The European Central Bank (ECB), the reserve bank of the Eurozone, which is a monetary union of 19 EU member states which employ the Euro, has noted that there doesn’t seem to be an EU challenger that’s capable of matching the capabilities of Big Tech… Read More

August 25, 2020 @ 6:50 am By Omar Faridi  |  

Javier Rodriguez Soler, the Country Manager / CEO at the BBVA USA (NYSE: BBVA), a Spanish multinational financial services company based in Madrid and Bilbao, Spain with nearly €700 billion in assets, confirms that In early August, BBVA USA revealed it would work with Google … Read More

June 23, 2020 @ 12:36 am By Omar Faridi  |  

The Japanese Liberal Democratic Party, the nation’s ruling-party, is reportedly planning to make it easier for local banking institutions to branch out into different sectors, which could help them compete with or even push back against emerging Fintech firms and other tech startups. The party’s… Read More

February 21, 2020 @ 3:40 pm By Omar Faridi  |  

Traditional banks may be at risk of losing their leading position when it comes to developing national digital identity solutions. Big tech firms and various other multinational networked companies might be able to offer better digital identity schemes and take the lead, industry association Mobey… Read More