A Quote by Jerome Powell

The banking industry has traditionally been characterized by physical branches, privileged access to financial data, and distinct expertise in analyzing such data.

Jerome Powell

Quote Topics

Access Analyzing Banking Been Branches Data Distinct Expertise Financial Industry Physical Privileged

Quote Author

Jerome Powell
American - Public Servant
Born: February 4, 1953

With customers' permission, fintech firms have increasingly turned to data aggregators to 'screen scrape' information from financial accounts. In such cases, data aggregators collect and store online banking logins and passwords provided by the bank's customers and use them to log directly into the customer's banking account.

Jerome Powell

I was interested in data mining, which means analyzing large amounts of data, discovering patterns and trends. At the same time, Larry started downloading the Web, which turns out to be the most interesting data you can possibly mine.

Sergey Brin

Tape with LTFS has several advantages over the other external storage devices it would typically be compared to. First, tape has been designed from Day 1 to be an offline device and to sit on a shelf. An LTFS-formatted LTO-6 tape can store 2.5 TB of uncompressed data and almost 6 TB with compression. That means many data centers could fit their entire data set into a small FedEx box. With LTFS the sending and receiving data centers no longer need to be running the same application to access the data on the tape.

George Arthur Crump

Many of us now expect our online activities to be recorded and analyzed, but we assume the physical spaces we inhabit are different. The data broker industry doesn't see it that way. To them, even the act of walking down the street is a legitimate data set to be captured, catalogued, and exploited.

Kate Crawford

We need a basic protection for people having access to their data and knowing where their data is.

Ro Khanna

On the allegation of withholding temperature data, we find that CRU was not in a position to withhold access to such data or tamper with it.

Muir Russell

Government and businesses cannot function without enormous amounts of data, and many people have to have access to that data.

Glenn Greenwald

When a hacker gains access to any corporate data, the value of that data depends on which server, or sometimes a single person's computer, that the hacker gains access to.

John McAfee

I believe that it's fine if the university wants to regulate, for example, bandwidth access, but they should treat the students data as private data.

Annalee Newitz

... while in theory digital technology entails the flawless replication of data, its actual use in contemporary society is characterized by the loss of data, degradation, and noise; the noise which is even stronger than that of traditional photography.

Lev Manovich

Uncontrolled access to data, with no audit trail of activity and no oversight would be going too far. This applies to both commercial and government use of data about people.

John Poindexter

The biggest mistake is an over-reliance on data. Managers will say if there are no data they can take no action. However, data only exist about the past. By the time data become conclusive, it is too late to take actions based on those conclusions.

Clayton Christensen

So much of the physical world has been explored. But the deluge of data I get to investigate really lets me chart new territory. Genetic data from people living today forms an archaeological record of what happened to their ancestors 10,000 years ago.

Pardis Sabeti

Connectivity offers a great opportunity for General Motors. When you look at the investment we have made in OnStar and putting 4GLT in and the access you have to not only put data in, and we haven't really tapped into the data you can use from the vehicle.

Mary Barra

One of the myths about the Internet of Things is that companies have all the data they need, but their real challenge is making sense of it. In reality, the cost of collecting some kinds of data remains too high, the quality of the data isn't always good enough, and it remains difficult to integrate multiple data sources.