Are Alternative Financial Services Going Mainstream?

With the recent release of the FDIC’s “2011 National Survey of Unbanked and Underbanked Households,” it has become crystal clear that banks are no longer the first choice for many when it comes to financing options. (See more here.)  In fact, the report showed that 25% of households had taken advantage of “alternative” financial services […]

Facebook Turns Off Face Recognition Tool

On Friday, Facebook announced that the facial recognition tool which is used by its members to tag friends in photographs uploaded by them on its website, has been switched off by it. It was done after a privacy investigation conducted by it.

The social networking site, according to regulators posed one of the main threats on privacy . . . → Read More: Facebook Turns Off Face Recognition Tool