Fintech

More enterprises are investing in mobile applications on platforms preferably iOS. The 2016 enterprise mobile apps report brought out by Adobe reinforces the growing need for enterprises to invest in mobile apps. With Apple constituting a major share of the world smartphone market, iOS tend to be the most preferred platform in enterprise app development. […]

It seems that these days, cryptocurrency can’t catch a break in the news cycle. In early April, the Securities and Exchange Commission urged a federal judge to freeze $27 million that was allegedly garnered through the illegal sale of shares in LongFin — a company whose stock shot from $5 to $142 after announcing it was acquiring […]

For all of the “isms” supposedly being felled by enlightened Americans, the U.S. economy remains stunningly unfair. Take racism. On one hand, interracial marriages have grown fivefold in the 50 years since Loving v. Virginia, which legalized the practice. On the other, the average median household wealth of African-Americans declined by 75 percent between 1983 […]

Some people love debt, while others hate it. People in the former category tend to use loans for everything. Those in the latter category avoid it at all costs. Both extremes can create problems. If you’re thinking about borrowing money, the smart approach lies somewhere in between. The Do’s and Don’ts of Borrowing Money When […]

rtFor evidence of big tech’s evolution from AV club geeks to big guys on campus, look no further than the influence of companies like Amazon and Google. They’ve crept into every corner of contemporary life; they possess outsized amounts of power and exercise imperial control over the digital landscape — and it looks like taking […]

Investors, pundits, and enthusiasts can’t stop speculating about cryptocurrency, and more often than not, their predictions center on price. But simply musing over the market performance of a specific coin ignores the larger potential of cryptocurrency. This space is about more than price fluctuations — it’s a digital financial revolution that’s poised to transform the world. Cryptocurrency […]

We’re sure you’ll agree when we say: traditionally, the insurance industry worldwide has been dominated by massive national brands and legacy product lines and age-old technology. The change is already here and more changes are expected to disrupt the global insurance industry. The rapid evolution of insurance technology or insurtech that’s making waves in the […]

Blockchain is, in essence, an encrypted peer-to-peer distributed databases. It’s powered by countless computers located disparately around the world. The system is a growing, ordered collection of records called blocks, each with a timestamp that’s linked to a previous block. The technology uses cryptography to make sure that users can only edit their own blocks. […]

Cryptocurrency made a poor first impression with the public when it launched, thanks to an association with criminal activity and security loopholes that were not the fault of the blockchain technology on which it runs. Widespread application possibilities got lost among the sensationalism in the news, which included constant stories harping on the radical fluctuations in the value […]

As technology continues its seemingly endless evolution, robots are taking over customer service and back-end data analysis. Combining those functions to create robo-advisors makes perfect sense. Unconvinced? Look at the financial sector. Experts who weighed in as part of Financial Planning’s survey believe that wealth management firms will continue to invest in robo-advisors and financial mobile app development as the […]

Cryptocurrency and blockchain are revolutionary technologies, but being so far ahead of the curve comes with consequences. With few precedents to learn from and regulatory frameworks still in their infancy, the crypto space has attracted its share of shrewd opportunists whose scams — such as the infamous pump-and-dump schemes — have grabbed international headlines. Tech giants like Facebook and […]

Among fintech enthusiasts, cryptocurrency is often the life of the party — and regulation is the elephant in the room. For a while now, we’ve heard whispers about the need for crypto-specific regulations in the community, and after appointing the first-ever senior advisor for digital assets and innovation back in June, it’s clear the U.S. Securities and Exchange Commission […]

Lutron Electronics has added its Caséta Wireless system to the growing list of devices that support Amazon Alexa range, which includes the Echo, Dot, Tap, and Fire TV. The Caséta Wireless system features various connected LED lights that can change color or brightness on demand. The integration of Alexa allows users to change the lights […]

It’s been a busy week in emerging tech, with a lot of big news. Here’s a quick recap of what you might have missed. Apple debuts ARKit This past week, Apple introduced ARKit, a new framework that allows you to easily create unparalleled augmented reality experiences for iPhone and iPad.  Some believe this (along with Google’s release […]

The IoT and coworking spaces have a lot in common. Both need to strike a careful balance between forging accessible yet secure connections to engage with and protect their growing communities. It’s a tough call. Lucas Seyhun, co-founder at The Farm Coworking, said: “While we work with some of New York’s leading technical startups, we […]

Over the past few years, I’ve had the pleasure of spending significant time on the ground in China for ReadWrite and ReadWrite Labs. While here in China, I’m continuously discovering new opportunities that exist and even more reasons for foreign startups and corporations to consider getting started in China. However entering a new market can […]

In the past five years, the global financial industry has experienced major disruptions thanks to innovative technologies in AI, Machine Learning, and Blockchain. The rate at which supercomputers are taking over the financial sector is leaving no doubt that the future of finance will largely depend on computer scientists and big data experts rather than […]

Blockchain business case variety seems secondary in the conversation around blockchain hype. Tokenization on a blockchain system has received attention around the world with the increasing prevalence of ICOs (Initial Coin Offerings). For those who continue to see “ICO”, but have no firm understanding of the definition, here’s an over simplified version. An ICO is […]

Ethereum (ETH) creates much debate in the crpytocurrency world about whether or not the overtaking of Bitcoin is possible. Since its inception in 2014, ETH radiates an aurora of trust and hope about being the golden standard for cryptocurrency. This reputation results from not only as a result of the technology that supports it, but also […]

Last Friday here in Europe, we saw over 50,000 companies and over 100 countries hit by the WannaCry ransomware attack. In Germany, digital display boards at Deutsche Bahn train stations were inoperable. In Spain, internal computers were down at telecommunications provider Telefonica. In the UK, the National Health Service (NHS) was hit, with staff unable to access patient records, some phones down […]

Dell recently conducted a survey involving 2,608 global professionals working for companies in the enterprise sector with 250 or more employees. The results of this survey are no less than shocking and should be of interest to any business that deals with secure private or corporate information. These days, we trust corporations with our most private information. We trust […]

According to a 2016 Deloitte survey, fully two-thirds of Millennials expect to leave their current jobs by 2020. What does that mean for human resources departments? A fluid and robust job market has made recruiting more competitive than ever. Connecting with potential employees, particularly Millennials, is not easy. Technology such as LinkedIn and Indeed has […]

What makes our societies run? Oil? Silicon? Yes, and yes: When we place an order online and the item shows up on our doorstep the next day, or we stock our stores with delicacies from Chile to China, some quantity of petroleum and electronics fuels every transaction. But in all these exchanges, the operative factor […]

Ovum believes that the global insurance industry is entering a distinct phase of disruptive change driven by the Internet of Things (IoT). While the insurance industry has undergone significant technology-driven change in the last fifteen years, the basic insurance modus operandi has remained the same. However, as the industry enters this new phase, emerging IoT-based […]

The IoT Analytics team recently published an infographic highlighting the 5-step path towards successful implementation of IoT solutions. The insights are based on more than 30 expert interviews in IoT as well as recent research. For more information, you may refer to the Guide to IoT Solution Development. In this 31-page guide, you will find: […]

New data from the open source reveals the story of a simple javascript function. One line of code was re-invented over 100 times and duplicated over 1,000 times across GitHub’s top 10,000 repositories. This is only a symptom of a much deeper problem. Imagine every time you wanted to drive a car, you had to […]

Next year is likely to be a game-changing year for the banking and finance sector. As the General Data Protection Regulation (GDPR) and Revised Payment Service Directive (PSD2) are implemented across the European Union, the exclusive control of banks and other financial institutions on financial data of their customers is about to end. These new […]

Building a company today is not what it once was and the needs for founders have become a more dynamic and collaborative game. It’s no longer about the lone wolf in a garage building the next [insert your dream company here], instead, entrepreneurs that become successful are the one’s working with the community to define upfront […]

Multinational services firm Accenture has opened its first Liquid Studio in London’s business district, to enable customers and collaborators to speed up software development. Accenture claims that the Liquid Studio can vastly reduce the time spent developing a prototype and can lead to more innovative solutions. In some cases, the firm said the development cycle […]

Donald Trump has now been sworn in as the 45th president of the United States of America. Along with his administration, the new president will usher in a number of drastic changes — specifically in the area of telecommunications and the world of IoT. There is a strong possibility that the new White House administration […]

New research sees Internet of Things (IoT) spending growing by nearly 16% by 2020 driven by hardware investments, primarily by manufacturers. The Journal reported on the release of the “Worldwide Semiannual Internet of Things Spending Guide” by International Data Corp.(IDC). The IDC report found that IoT spending will reach $1.29 trillion worldwide by 2020, representing […]

Telefonica, the multinational telecommunications provider, has launched the first TOF Global Race, a competition aimed at finding great startups that are struggling to succeed. The competition is part of the company’s Open Future innovation platform, which connects entrepreneurs, start-ups, investors and public and private partners from all around the world to invest in projects and […]

John Rossman is a managing director with the global technology consulting firm Alvarez and Marsal and a prior executive with Amazon. An influential digital strategist with over 25 years in technology. He spoke ReadWrite about his latest book  “The Amazon Way on IoT: 10 Principles for Every Leader from the World’s leading Internet of Things […]

Though governments are vocal smart city champions, some industry pundits say connected cities need the data power of private sectors like banking to evolve. The future of smart cities was explored in a commentary on Payments Source by Hossein Rahnama, CEO of context-aware computing startup Flybits. As Internet of Things (IoT) technology proliferates throughout global […]

Five major Russian banks were targeted late last week by a botnet comprised of 24,000 computer and IoT devices. The attacks came from devices in 30 countries, including the United States, India, and Taiwan. The attacks came in the form of distributed-denial-of-service (DDoS), which sends millions of requests to servers, taking them offline. From there, […]

One of the latest trends in the world of technology and engineering is “machine learning” — in fact, all of the big technology companies today have invested in artificial intelligence and machine learning projects. The term “machine learning” was first defined by Arthur Samuel, way back in 1959. He defined it as “the ability to learn […]

If you use a computer to conduct business, then you’ve probably heard of cloud hosting. Also called “cloud computing,” cloud hosting is a digital network that lets business owners save their files, computer applications, and other resources on a remote server. The most obvious advantage of cloud hosting is that you can access your data […]

As soaring health budgets continue to cause pain for governments and medical care providers, relief may be in sight thanks to big data. A new study by Lux Research found that advanced big data and analytics technologies are poised to help rein in runaway healthcare costs. The report “Industrial Big Data and Analytics in Digital […]

The U.S. government is funding an Internet of Things (IoT) project that is developing sensor-based smart shirts for first responders. Fed Tech Magazine reports that the Department of Homeland Security is bankrolling research into wearables that can track the health of firefighters and other emergency crew in near real-time. See also: Canada’s health wearables coming […]