AI & ML Fintech Technology Giants

Google Cloud launches new tools for deploying ML pipelines (Frederic Lardinois, TechCrunch.com)

Google  Cloud today announced the beta launch of Cloud AI Platform Pipelines, a new enterprise-grade service that is meant to give developers a single tool to deploy their machine learning pipelines, together with tools for monitoring and auditing them. “When you’re just prototyping a machine learning (ML) model in a notebook, it can seem fairly straightforward,” Google notes in […]

Fintech Technology Giants

Big Tech will have to share data under EU proposals ( Javier Espinoza, Madhumita Murgia, Richard Waters, Financial Times)

Dominant tech companies will have to open up their troves of data to smaller rivals, as other sectors such as financial services already do, the European Commission said, in proposals aimed at breaking down the monopolies such as those of Amazon and Google. In a document outlining a “European strategy for data”, the commission said […]

Fintech Healthcare Technology Giants

It’s not just Google: Amazon, Microsoft, IBM get hospital data, too (Rachel Kraus, mashable.com)

Big data has become big business in healthcare.  The public freaked out in November 2019 at the Wall Street Journal’s revelations that Google was taking in non-anonymous healthcare information from hospital network Ascension. Now, a new report from the Journal shows that the tech giant is far from alone: Microsoft, Amazon Web Services (AWS), and IBM also have data-sharing agreements with hospitals. The scope […]

Fintech Open Banking Technology Giants

Big Tech Is Coming for Banking: Experts Predict Fintech’s 2020 (By Julie Verhage, Jennifer Surane, Bloomberg.com)

Financial technology startups will enter the next decade with a little more street cred than the last time around. Nearly 60 upstarts focusing on financial services — from Stripe Inc. to Chime Inc. to Plaid Inc. — have garnered valuations of more than $1 billion in recent years, according to CB Insights. Personal loans — […]

Australia Open Banking Open Finance Technology Giants

Facebook, Apple and Google pose threat to big four dominance, says RBA (Clancy Yeates, Sidney Morning Gerals smh.com.au)

The dominant position of banks in the financial system could be challenged by a new wave of high-tech rivals, the Reserve Bank says, highlighting the vast troves of customer data held by the likes of Apple, Google and Facebook. The RBA’s head of financial stability, Jonathan Kearns, on Monday underlined the competition facing banks from the […]