CONSUMER HORIZON

By Suparna Goswami (gsuparna)     Thousands of loan applications have listed a small Baltimore computer store as the place of employment for borrowers claiming high salaries. In reality, the firm never employed that many people. The company allowed individuals to claim it as an employer in exchange for cash. As a result, lenders received thousands of loans with bogus employment information, and their outdated verification systems did not detect them. Income and employment questions are basic tenets of applications for credit, insurance, rentals and other agreements. But a growing number...

By Oystein Bergmann, Bureau Chief, Scandinavia Nokia today announced that Brazilian broadband service provider Oi has deployed Corteca software suite to help manage its Wi-Fi CPE devices deployed in customers’ homes. Dimensioned for millions of Wi-Fi devices, the Corteca deployment is the largest to date in Latin America region. Fixed networks service providers are bringing multi-gigabit speeds to the home, but more than 40 per cent of households are reporting issues with in-home connectivity. Operators remain challenged by today’s in-home Wi-Fi solutions, due to complex installation processes, limited interoperability, inconsistent...