Industry News Summary: Banks, Data Mining and Video Conferencing app

Data Mining: The oil of the digital age? Its not a secret that mobile phones become more advanced and more widespread, one of the interesting things about that fact is “Data Mining” aspect that become more and more meaningful. Many companies have already jumped on the opportunity and established refineries to reap the benefits of the data. Come and see how data mining can also be used to learn and watch the behavior of the emerging markets. Read here.

“Online Banking” its old news. Please welcome the “Mobile Banking”: One-fifth of Western European Net users use mobile banking today, either by SMS, mobile browsers or applications, according to a new Forrester report. The report bills the emergence of the mobile technology as a more important innovation than the arrival of cash machines (ATMs), credit cards or home-based online banking. Read more!

Videoconferencing app maker Fuzebox raises $20M

The cloud based video conferencing company raised $20 million dollars in Series A funding led by Index Ventures.
Read more at GigaOM.

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About the writer: IMTC

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