Cloud is Really the New Normal for Financial Services
Cloud is Really the New Normal for Financial Services

“Cloud is really the new normal,” says Scott Mullins, Head of Worldwide Financial Services Business Development at AWS. “If you look across enterprise companies and financial services today, the vast majority are considering cloud as a major part of their IT strategy going forward.”

Crypto Expert: Bitcoin is More of a Collectible
Crypto Expert: Bitcoin is More of a Collectible

The co-founder of crypto security firm BlaKFX says that Bitcoin was a great proof of concept and will be around for a long time, but it’s more of a collectible. “You need to have common liquidity pools,” says Kara Coppa, BlaKFX co-founder, and COO.

Lance Armstrong Invested Early in Uber and May Now be a Billionaire
Lance Armstrong Invested Early in Uber and May Now be a Billionaire

Lance Armstrong says that he was one of the original Uber investors staking them $100,000 at a valuation of just $3.7 million. There are reports that Uber’s projected IPO will value the company at $120 billion. Armstrong wouldn’t say what percent of Uber he still owns but it is conceivable that his stake could be worth $1 billion or more today.

Cisco: Financial Institutions Struggle With Pace of Technological Change
Cisco: Financial Institutions Struggle With Pace of Technological Change

The pace of technological change is possibly the biggest challenge that financial institutions are facing says Cisco FinTech Lead Al Slamecka. He says that the large financial organizations are zeroing in on automating the network management functions and the operations side of their businesses, which they call Intent-Based Networking.

AWS CEO Announces Textract to Extract Data Without Machine Learning Skills
AWS CEO Announces Textract to Extract Data Without Machine Learning Skills

AWS CEO Andy Jassy announced Amazon Textract at the AWS re:Invent 2018 conference. Textract allows AWS customers to automatically extract formatted data from documents without losing the structure of the data. Best of all, there are no machine learning skills required to use Textract.

Box CEO: Digital Transformation Driving Global Growth
Box CEO: Digital Transformation Driving Global Growth

The digital transformation which has been powering the growth of many technology companies in the US is now starting to drive growth globally according to Box CEO Aaron Levie. He says that Box has a global opportunity where multi-national enterprises want to drive the same digital transformation that has been happening in the US.

Salesforce co-CEO: Who’s Not Going Through a Customer Transformation?
Salesforce co-CEO: Who’s Not Going Through a Customer Transformation?

Salesforce is booming and the reason is that virtually every company in the world is going through a huge digital transformation, according to Salesforce co-CEO Marc Benioff. “The reason why is every company that we’re dealing with is going through a huge digital transformation and every digital transformation begins and ends with the customer,” says Benioff.

LendingClub CEO Working to Turn It Into a Financial Health Club
LendingClub CEO Working to Turn It Into a Financial Health Club

The CEO of LendingClub, Scott Sanborn, says that they are really looking to make membership in the club mean something and are working to take Lending Club and turn it into a “financial health club” that will help people successfully manage expenses.

Barry Diller on the Internet Revolution: Really Young, Truly Radical, Very Troubled
Barry Diller on the Internet Revolution: Really Young, Truly Radical, Very Troubled

Internet pioneer Barry Diller says that the Internet revolution is still really young. He also says that this truly radical revolution is right now a very troubled revolution.

We Are Simply a Pawn of The Internet Business Model: Data Collection
We Are Simply a Pawn of The Internet Business Model: Data Collection

We all should realize that everything we do is recorded into huge data sets in order for advertisers to target us better, for online stores to sell us stuff more effectively and for government agencies to know what we are up to.