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Identity As A Service To The Rescue

PYMNTS

Social media platforms are infested with phonies, and not just your best friend’s irritating co-worker (although he totally is). This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study.

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Tim Berners-Lee: Google, Facebook Might Need To Be Broken Up

PYMNTS

Tim Berners-Lee, the inventor of the world wide web, has warned that technology giants like Facebook and Google are now so dominant that they might need to be broken up. Apple , Microsoft , Amazon , Google and Facebook have a combined market capitalization of $3.7 That, said Berners-Lee, was a tipping point for many.

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Craigslist Founder Invests $5M In Former Facebook Exec’s Security Project

PYMNTS

A $5 million gift from Craiglist’s Craig Newmark Philanthropies will support a new program, led by former Facebook security expert Alex Stamos. Stamos, who left Facebook last August, called the power given to social media companies to police election issues “insane.”. But it’s because governments aren’t stepping up.”.

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Patent Deal Struck Between Google And Tencent

PYMNTS

Google has inked a pact with China’s multinational investment holding conglomerate Tencent Holdings in a deal that cross-licenses a number of patents. 19th) that the deal covers “a broad range of products and technologies” in an agreement that is “long-term” in nature. TechCrunch reported Friday (Jan. That is the bottom line.

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DOJ Antitrust Lawsuit Against Facebook No Slam Dunk

PYMNTS

It offers a glimpse into how the Menlo Park, California-based social media conglomerate will defend itself against federal antitrust prosecutors and members of Congress about its power and competitive behavior. Other technology giants including Google , Amazon and Apple are also facing probes.

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Connected Consumers Won’t Trade Security For Efficiency

PYMNTS

The more connected devices consumers have, the more concerned they are about the security of their financial information. That’s because smart technology device owners recognize that the Internet of Things makes shopping easier. That’s because smart technology device owners recognize that the Internet of Things makes shopping easier.

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Temenos Joins Forces with Google Cloud After ‘Explosive’ Trend in Banking

Banking Exchange

The banking software vendor and search engine giant have formed a strategic partnership, allowing banks to create apps quicker and more securely Technology Social Media Channels Customers Core Systems Outsourcing/Cloud Tech Management Mobile Online Feature3 Feature Financial Trends Fintech.

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