STAT OF THE WEEK
According to EY’s first Fintech Adoption Index survey, the level of financial technology (fintech) adoption among digitally active consumers is set to grow significantly in 2016. The survey included 10,131 digitally active consumers in Australia, Canada, Hong Kong, Singapore, the UK and the US and evaluated the use of 10 fintech services in four categories: Savings and Investments, Money Transfer / Payments, Borrowing and Insurance.
Here are some key points that the report highlights:
- Hong Kong has the highest rate of FinTech use of all markets surveyed (29.1%).
- The United States has the second-highest adoption rate (16.5%), followed by Singapore (14.7%), the United Kingdom (14.3%), Australia (13%) and Canada (8.2%).
THIS WEEK’S HEADLINES
1. Samsung is launching most of its apps in the iTunes store, which should make it easier to start using Samsung wearables if you’re an iPhone customer.
2. iPhone sales grew at their lowest levels ever this quarter, according to earnings reports released this week by Apple. However, it also announced earnings of $18.4 billion (the most earned by any company in a quarter).
3. Uber Is Using Smartphone Sensors to Verify Negative Reviews. Uber is making sure negative reviews left for its drivers can be supported with evidence via a smartphone’s GPS, gyroscope, and accelerometer. The company will reach out to drivers that are indeed driving or stopping too fast.
4. Microsoft Launched News Pro app. Like Apple news and Flipboard you can choose interests but the differentiator is that you can also personalize by sign-in on Facebook and LinkedIn to tailor daily news highlights based on your work experience and interests. You can also search for news related to any topic right in the app so you can always be fully informed.
5. Hilton checks in millennial-friendly hotel brand with mobile-centric features. Launching Tru by Hilton, a brand that is simplified, spirited and grounded in value, filling a massive void in the midscale category in the U.S. and Canada.
BEST IN CLASS
Interested in starting out a meditation practice, but not sure where to start? Calm, an app for iOS and Android, that evolved from a meditation offering on their website, can help you get Zen in as little as 2 minutes a day.
To start using Calm, you first select a relaxing background and let the app know how much time you want to spend with it–from 2 to 20 minutes. A narrator will then lead you through some relaxation exercises to help you build awareness of your body and help you release tension and notice sensations.
Calm offers a number of multi-session courses, which lead you through topics, some of which need to be purchased to be unlocked. It also offers stats on your meditation practice, if that’s something you find motivating.
IoT Data Analytics & Visualization February 7, 2016 | Palo Alto, CA
Mobile World Congress February 22-25, 2016 | Barcelona, Spain
Connected Cars March 15, 2016 | Detroit, MI, USA
Contributed by Tathagata Samanta and Tracy O’Neil