06 March 2015

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Google rolls out auto insurance comparison site in US

7 hours ago  | 1 comments | 2 tweets | 2 linkedin

Google is rolling out a car insurance comparison site in California, with more states to follow.

Incoming chief Dan Schulman has set out his vision for turning PayPal from a button on a website into the operating system for digital commerce.

Bank Branch Desk with Customer 2

70% of Americans prefer digital to branch for account opening

17 hours ago  | 0 comments | 14 tweets | 10 linkedin

Nearly three quarters of Americans would rather apply for a checking account digitally than at a bank branch, according to a survey from Javelin Strategy & Research.

Fresh from his forecasts last month that half of the world's banks would get left behind by the digital revolution in financial services, BBVA chairman Francisco González has mapped out a new future for his organisation, not as a bank, but as a software company.

At least 67% of bank IT budgets are still being spent on maintenance and compliance rather than transformative projects that can create value, according to research conducted by Finextra on behalf of CSC.

ID Fraud

ID fraudsters stole $16bn from Americans in 2014 - research

05 March 2015  | 0 comments | 16 tweets | 13 linkedin

Identity fraudsters stole $16 billion from 12.7 million Americans last year, with a new victim every two seconds, according to Javelin Strategy & Research.

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