Data Use news and trends

Plaid CTO: Banks, FinTechs Must Turn ‘Transaction Data Mosaic’ Into Cohesive Service Offering
Digital-First Banking // September 02, 2021

The FinTech startup Plaid says that getting a clear picture of a consumer’s transaction data is critical to improving their access to better financial products. By cleaning up and classifying transaction data, and making it available on a need-to-know basis, Plaid is creating a new...

New York Security Law Changes Retail Data Efforts
Retail // February 27, 2020

Everything about data is about to change for retailers doing business in New York State. On March 21, a new law regarding data security goes into effect and retailers of all sizes have less than a month to prepare for strict regulations that make current statutes...

Foursquare’s Data Deep Dive To Reclaim ‘Wasted’ Ad Dollars
Omnicommerce // August 19, 2016

If you believe the old adage that half of all ad dollars are wasted, retailers just don’t know which half, then close to $250B is being wasted on advertising. In August’s Omnicommerce Tracker™, Mike Harkey, Foursquare VP talks about how the granddaddy of check-ins is...

FTC Calls For Greater Data-Broker Transparency
Hmmm // June 04, 2014

Today, Big Data is all the rage, as retailers, banks and others in the payments and commerce ecosystems want to know more about their customers so they may support targeted promotions offering products and services most appropriate for them. Technology also is coming more into...

Interviews & Exclusives
Plaid CTO: Banks, FinTechs Must Turn ‘Transaction Data Mosaic’ Into Cohesive Service Offering

September 02, 2021
The FinTech startup Plaid says that getting a clear picture of a consumer’s transaction data is critical to improving their access to better financial products. By cleaning up and classifying transaction data, and making it available on a need-to-know basis, Plaid is creating a new vector for competition among banks that want to tap data […]