More banking is done digitally today and new financial services are emerging from a variety of companies. Banks themselves are using third-party services for their customers. Banks may have a diminishing role in consumers’ financial lives, giving rise to companies that provide banking and other management services. Critics say banks are slow to innovate, while others suggest they are taking a careful, combined approach with physical and digital services. Continue reading Will Online Services and Apps Replace Local Bank Branches?

In an effort to promote its own Internet-of-Things devices, startup SmartThings is launching an online marketplace that offers starter kits and an array of devices and solution sets that help manage the home. SmartThings first launched its products via Kickstarter in September, including a hub and variety of sensors to track movement and manage devices, providing users with home automation solutions controlled largely by smartphones. Continue reading SmartThings Launches Online Market for Internet of Things

Google introduced this week the first integrations between its Google Maps for Mobile and the newly acquired Waze traffic app (Google purchased Waze for $1 billion in June). Obstacles such as construction, accidents and road closures reported by Waze users will now be available via the traffic tab on the iOS and Android versions of Google Maps. The Waze app will support Google search, while its map editors will have access to Google’s satellite imagery and Street View. Continue reading Google and Waze Integrate Their Mobile Maps for First Time

New York-based startup Foursquare may have found its most lucrative business move yet, which involves monetizing data about venues and locations that has been collected from millions of check-ins. The company already monetizes data through a partnership with Gnip, which sells packaged data from social services like Twitter, but these efforts may be expanded in the future if Foursquare partners with Yahoo for the company’s location data. Continue reading Foursquare and Yahoo Discussing Potential Data Partnership

Several companies are developing systems and apps that use sound waves to transfer small pieces of data over short distances, and could simplify transferring funds electronically. This is an alternative to using near-field communication (NFC) to transfer data wirelessly. Many devices are ready to use sound technology, including simple and feature phones. There are problems in using sound especially in loud areas, but it has significant potential. Continue reading Companies Using Sound for Mobile Payments and Data Sharing

Recently discovered patent information suggests that Google may begin using Google Glass to track consumers’ reactions to advertisements. Glass can identify an ad and judge a person’s response by monitoring pupil dilation. This technology could help Google develop a “pay per gaze” system where advertisers get charged each time an ad is viewed through Glass. However, recent reports have indicated that personal data collected from Google Glass apps would not be sold for advertising or marketing purposes. Continue reading Google May Use Glass to Track Consumer Reactions to Ads

Now that Barnes & Noble is getting out of the tablet business, the company announced it is launching free Nook Video Apps for Android, iOS and Roku devices. The new apps enable users to purchase or rent movies for streaming and includes integration with individuals’ UltraViolet collections. No longer keeping content exclusive to Nook devices, the retailer has also updated its Android and iOS e-reader apps with the ability to read Nook Comics titles, previously not available outside of the Nook ecosystem. Continue reading Nook Video Apps Now Available for iPad and Android Tablets

Google recently released a software update for its Glass device. It is a preview that suggests how Google plans to monetize its wearable technology. The update now allows backwards swiping on Glass’ side touchpad and voice command control. These updates give users more information options, along with its contextual search service, Google Now, to make restaurant reservations, book hotels, order concert tickets and find nearby movies. Continue reading Glass Updates Hint at Monetizing Opportunities for Google

Facebook is conducting tests with selected partners regarding a new payment product for online purchases on mobile apps. The service would allow any Facebook user that has provided their credit card to make purchases on partnering e-commerce mobile apps without having to enter billing information. The payment system could provide valuable data for itself and advertisers on shopper behavior and preferences in and out of Facebook. Continue reading Facebook Testing Mobile Payment Service, Rival To PayPal

Tomorrow morning, the Speed and Fuel networks will be transformed into the much-hyped Fox Sports 1 and Fox Sports 2 channels, in a move intended to compete with ESPN. Fox has landed deals with college conferences Pac-12 and Big 12 football and basketball, Big East basketball, NASCAR, the UFC, Major League Baseball, World Cup soccer and, most recently, the U.S. Open golf championship. The TV everywhere companion app Fox Sports Go will not launch concurrently, as it continues its testing phase. Continue reading Fox Takes On ESPN Saturday with Launch of Sports Channels

Disney will be releasing its “Disney Infinity” video game that will include two other apps in the pan-Disney character multi-platform game, similar to Activision’s “Skylanders.” The game uses NFC to provide toy interaction with the game. The free game apps are an ideal incentive for players to move to the paid version, where users can purchase additional toy accessories and add-ons that can be used for enhanced game play. Continue reading Disney to Release Infinity Video Game and Related Free Apps

Bill Gates and Nathan Myhrvold have unveiled another compelling idea — a device or app that can automatically create custom video clips from any selection of text. For Gates and Myhrvold, creating videos from text or images would be a major feat. But the pair have also patented other technologies with major potential, such as a Hurricane Suppression System for the Gulf of Mexico. If the video technology is made, it can have an impact on how students view reading. Continue reading Gates and Myhrvold File Patent: Generating Video From Text

As part of its ongoing effort to generate more traffic and potential advertising revenue, Twitter is testing new ways of bringing more television content to its platform. Currently, the company is testing a new feature in which links to TV shows appear as Twitter cards in a user’s Timeline. The cards’ click-through feature provides links to the show, related tweets and accounts that might be relevant to fans of that show. Separately, the company has announced that several updates to TweetDeck will make it faster and more convenient to use. Continue reading Twitter Tests TV Trending Feature and Upgrades TweetDeck

Twitter currently dominates the world of “public” sharing, with numerous celebrities and public figures utilizing the service to interact with fans. Facebook hopes to compete with Twitter in this arena, and is creating an app that would allow celebrities to more readily engage in conversation with their fans from a mobile device. The VIP app, currently being tested by a small group of partners, could help make the relationship between celebrities and their fans more intimate and immediate. Continue reading Facebook Testing New VIP App in Attempt to Take On Twitter

When attending a live concert, it is not unusual to witness a sea of smartphones, but some find it challenging to enjoy the show while attempting to record it at the same time. And audio quality recorded via the phone is usually disappointing. Tech entrepreneur Dean Graziano may have the solution with a new app called Lively, which allows musicians to sell fans better quality footage from live concerts for a reasonable price: $4.99 for just the audio, or $9.99 for audio and video. Continue reading Lively Provides Music Fans with Recordings of Live Concerts