 WEEKEND ROUNDUP | |
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Big Four US wireless carriers agree to new RCS messaging standard The Big Four US wireless carriers — Verizon, AT&T, Sprint, and T-Mobile — formed a joint venture, the Cross-Carrier Messaging Initiative (CCMI), to establish a new messaging standard with Rich Communications Services (RCS).
By the end of 2020, the CCMI intends to launch a new default app for messaging across all Android devices sold by the participating carriers.
The CCMI will also work with companies, including Samsung and Google, to ensure RCS functionality across platforms. Prior to the formation of the CCMI, US carriers each offered their own version of RCS, which, because of fragmentation, limited the functionality and adoption of the messaging standard.
Business Insider Intelligence's Hirsh Chitkara has the full story. | |
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| | | While attending this year's Money20/20 conference, Business Insider Intelligence analysts Jaime Toplin and Daniel Van Dyke identified four key trends set to shape payments in 2020. Read More → | | | | |
| | | Uber just became the latest tech company to move into financial services. The ride-hailing service's newly announced team works on financial products and will introduce a number of offerings this year. Read More → | | | | |
| | | At IoT Solutions World Congress this week, Microsoft unveiled a bevy of solutions for its cloud-based Azure IoT platform in bid to threaten AWS's dominance. Read More → | | | | |
| | | The scalable platform enables enterprises to track their employees' vitals while on the job by using IBM's cloud and AI to aggregate data from Samsung devices. Read More → | | | | |
| | | The Brazil-based neobank's app has been downloaded 18 million times in the past year, surpassing Monzo, Revolut, and N26 — the three fastest-growing European neobanks — combined. Read More → | | | | |
| | | Amazon's net sales from its online stores segment totaled over $35 billion in Q3 2019, growing 22% annually excluding foreign exchange rates. Read More → | | | | |
| | | One thing both banks have is common is that they've been offering cash bonuses to customers who switch to using their accounts, though this strategy doesn't guarantee results. Read More → | | | | |
| | | California-based clinical voice assistant startup Suki is tying up with Google Cloud to gain access to the tech giant's considerable cloud computing power and AI services. Read More → | | | | |
| | | After Q3 earnings revealed profits before taxes fell 12% YoY, the bank plans to allocate less capital to underperforming geographies and focus on higher-return opportunities. Read More → | | | | |
| | | Uber Health is embedding its platform into Cerner's electronic health record (EHR) system so that providers can easily schedule nonemergency transportation for patients. Read More → | | | | |
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| | | Neobanks, digital-only banks that aren't saddled by traditional banking technology and costly networks of physical branches, have been working to redefine retail banking in major markets around the world. This report maps out the factors contributing to this shifting tide, examines how key players are positioning themselves to take advantage, and explores how incumbents can embark on their own digital transformations to stave off disruption. Learn More → | | | | |
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| | | As cash usage declines slowly worldwide, the digital payments ecosystem is swelling around the globe: Noncash transactions are poised to exceed 1 trillion for the first time in 2023, driven by increased card penetration, wider access to mobile phones, and more access to payments infrastructure. This forecast book, presented as a slide deck, highlights change by region in areas like noncash transactions, e-commerce, card adoption, and terminal penetration, and examines key areas of change, including contactless transactions, fraud, and mobile payments. Within each category, it provides insight into what the market will look like in 2024 and identifies key factors that will accelerate and inhibit growth. Learn More → | | | | |
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