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API of the Week: Trulioo Provides Instant Identity Verification

June 13, 2016

As hackers have become more successful, they have become emboldened and are able to attack companies via ransomware and malware as well as individuals via password theft. As ever-increasing amounts of crucial information are available electronically, the challenge then is how to verify identity on a global scale.



Founded in 2011, Trulioo launched GlobalGateway, its online electronic identity verification service, in 2014. Developed for an international market, the product was created to help businesses and organizations verify identities online to mitigate fraud and financial crime activities.

The Feds Just Confirmed Banks are Still Too Big to Fail

April 21, 2016


I realize this is not a tech focused piece and that's generally why you come here but since a financial crisis generally affects all industries (including tech), I thought its worth sharing the news that the government just told us indirectly that big banks are still too big to fail. In order to ensure execs in financial companies don't make decisions which wreck their companies, industry practice today says execs have to defer part of their pay for a period of three years. Now, the largest firms would have to up that number to more than four years according to the Wall Street Journal. Seven government agencies are involved and the number of years that compensation can be clawed back will increase to seven in some cases.

This tells us banks are still too big to fail - in other words, one big bank going down could take down many others and have a cascade effect on the entire economy.

In fact, the Dodd-Frank regulations passed by the government to prevent too big to fail actually caused the smaller banks to exit the business because they can't compete with the giants.




Mitel Buys Polycom: The Good and Bad

April 15, 2016

This post has been updated on April 15, 2016 at 4:30 pm with feedback from Wes Durow, CMO of Mitel. Also, it turns out we broke the news on the potential of this merger even earlier than thought... December of 2015.

Last month my fellow TMCnet blogger Peter Radizeski broke the news that Mitel was buying Polycom – so if you’re a TMCnet reader, once again, you got in front of this news. Peter had more thoughts on the matter today as it became clear the acquisition was happening.

Recession Coming? Fusion Says Things Are Getting Better

April 6, 2016

The telecom market was once said to be a great predictor of recessions – in fact it’s been said in the industry that back when all phones were wired, the first companies to know bad times were coming were the RBOCs or regional Bell operating companies such as Pacific Bell, etc. I couldn’t help but think of this when I spoke with Russell P. Markman, President - Business Services at Fusion. Especially in light of "economic downgrades from the IMF.

Fusion has a broad range of products and services from fax to conferencing and SIP while they target carriers, call centers and businesses with their various offerings.

IPO-Killing Regs Reducing Employee Wealth

February 5, 2016

What if one of the largest problems facing the US economy isn't even being discussed by anyone? What if there is a solution, right under our noses that hasn't been thought about?

We tend to think of IPOs as something that happens in waves. the 1990s and the then in the past five years or so.

The challenge is, there just aren't as many IPOs lately as there have been in the past. Thanks to increased regulatory and other government-created issues, startups are opting to sell to larger companies instead of going public.

As a result, current, large public companies need to spend far less on R&D and can nab new companies with exciting technology, just when they start to get interesting.





Breaking Rumor: Verizon to buy XO

February 3, 2016


Spectrum is the new beach front property according to Peter Radizeski @radinfo and he has a very reliable source which tells him Verizon is in late-stage talks to purchase XO Communications.

More from Peter:

"XO is the largest owner of LMDS spectrum, currently [2007] worth $35.8 million, in the nation. NextLink, the wireless operation of XOHO, recently launched its broadband wireless services in Las Vegas and increased its wireless portfolio to 14 markets at the speed of covering 1 to 2 metro areas/month: Washington DC, Boston, Atlanta, Tampa, Miami, Nashville, Chicago, Kansas City, Dallas/Ft. Worth, Houston, LA, Seattle, Phoenix, Las Vegas - already more than its almost only competitor in LMDS fixed wireless services, FiberTower. The remaining large LMDS spectrum owner, Level 3, through its acquisition of Telecove." [seekingalpha] IDT also owned a chunk of this spectrum too.
We'll see if he is correct - I have a lot of trust in his scoops - he has been very accurate in the past. As a reminder, I told you about Verizon's Terremark spin off eight months before the Reuters exclusive.





PayPal CEO: More Change in the Next 5 years than Last 30

January 20, 2016

As the title of this piece implies - amazing things are happening in the world of technology which tie in nicely to the three more big reasons to come to ITEXPO next week in Fort Lauderdale, FL.

First up is an amazing new session titled APIs: The Future of Business. I recently spoke with a business leader who told me her company's APIs have led them to enter numerous new markets - ones that were literally unimaginable to them before they opened their platform to developers. The point is, the opportunity here is twofold. If your company has data or a service which could be of value to others, now is the time to explore how to monetize it.

Amazon is Doomed, Apple to hit a Trillion Dollars

June 25, 2015

Comcast Business Seeing Nice Broadband Growth

June 8, 2015


While much of the talk about Comcast in the media recently has involved their M&A aspirations as well as their consumer brand, the real story at the company is Comcast Business. Recently I met with Mike Tighe, Executive Director of Data Services of the company who told me the business-focused area of the organization is growing at 21% a year and is taking share.




He went on to say the company has the best footprint in fiber optics – this is important as he sees customer bandwidth needs increasing 30% a year. Moreover, and this is interesting for those who are concerned about the sheer size of the company, they are an insurgent, not an incumbent in competing with DSL.

Schneider Electric: More Software and the IoT to Reshape Data Center Design

May 27, 2015

There is a macro trend of moving proprietary hardware systems to open systems and moving hardware to software – at this point, this shouldn’t be a surprise to anyone who tracked my GENBAND Perspectives 15 blog post or last week’s HP NFV story or even the writing I’ve done on Imagine Communications disrupting the video distribution space with SDN and virtualized solutions.



To learn more, I sat down with Schneider Electric’s Srdan Mutabdzija (above), Global Solution Offer Manager, and Jason Covitz (below), Director of Strategy for IT Business where we talked about IT infrastructure and how it will look in the future.



Jason emphasized the move to commoditized and standardized infrastructure – not just in the spaces mentioned above but oil and gas, mining and manufacturing. Srdan explained the evolution of their products and the market in general is to a more prefabricated, plug-and-play, efficient cooling solutions which lower time to market, reduce risk and allow a more seamless move to public/private clouds.

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