If you can’t beat ’em, buy ’em.
For years, many large companies have employed that approach in their digital efforts with varying degrees of success. But in the world of fintech, it would appear that even if you can potentially beat ’em, some companies are still willing to buy ’em.
Singapore’s DBS Bank, the largest bank in Southeast Asia, is profiting from its digital investments in a big way.
At an investment conference, DBS CFO Chng Sok Hui revealed that the bank now generates double the income from digital customers as it earns from traditional customers.
Last year, Capital One, one of the United States’ largest commercial banks and credit card issuers, launched Eno, a digital assistant that allows customers to manage their accounts conversationally through SMS.
Now, Capital One has brought Eno to the browser through a new Chrome and Firefox extension that could prove very useful to Capital One cardholders.
Data is the black gold of the 21st century. This is perhaps no truer than in the healthcare industry, where data has the potential to help address some of the biggest challenges individuals face.
Last month, Amazon, Berkshire Hathaway and JPMorgan Chase announced they were teaming up to launch a venture aimed at providing better, more cost-effective healthcare to their employees.
And then last week, it was reported that Apple is launching AC Wellness, “an independent medical practice dedicated to delivering compassionate, effective healthcare to the Apple employee population.”
The landscape for pharma marketing is changing rapidly and pharma companies are being forced to rethink how and to whom they market.
For example, it’s now reasonable to talk about the possibility of a pharma company shunning sales reps entirely and instead using digital channels to reach healthcare professionals and patients directly – an approach that probably would have seemed unthinkable less than a decade ago.
Is there any industry that Amazon isn’t looking to enter?
On Monday, the Wall Street Journal reported that the online retail giant is in talks with a number of large banks, including JPMorgan Chase, about launching a checking account product that would be offered to Amazon customers.
1. Foreword by Adobe Cynthia Stoddard SVP & CIO Adobe This is the second year running that we have produced an IT-focused edition of the Digital Trends report in partnership with Econsultancy, focusing on the challenges and opportunities that are shaping the role of the modern-day CIO and CTO. The IT department continues to be […]
1. Executive summary The final report in our Marketing in the Dark series, Dark Martech, looks at the types of martech platform being used by companies, and how choice of setup impacts on the ability to get value from technology investment. The research, produced by Econsultancy in partnership with IBM Watson Marketing, is based on […]
Based on global retail sales, pizza chain Domino’s last week achieved the distinction of becoming the “largest pizza company in the world”, besting long-time rival Pizza Hut.
Last year, as the price of Bitcoin skyrocketed, a new phenomenon called cryptojacking emerged.
In it, malicious JavaScript code is inserted into a website and when a user visits the website, the code works to mine cryptocurrency like Bitcoin in the background without users ever knowing that their computers’ processing power is being used.
For years, Wells Fargo has held the distinction of being the largest originator of mortgage loans in the United States.
But facing self-inflicted scandal, a regulatory crackdown and a fintech revolution that extends to the mortgage industry, Wells Fargo was dethroned in the fourth quarter of 2017.