Start-Ups Show How to Bank on Data; Fed Talks About Taking Action

08/02/12

Receiving Wide Coverage ... Making Dollars on Data: As financial institutions turn to technology for revenue, efforts have been made to capitalize on personal data. American Express's Serve, for example, banks on the idea merchants will pay for spending habit data captured by the digital platform. But, as this article from CNNMoney illustrates, there are other, possibly better ways to capitalize on the data craze. According to the article, several start-ups are developing "data lockers," a...

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