The (Bodily) Transformative Power of Tech
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We’ve all heard of the myriad ways that our addiction to smartphones can have negative effects. Well, here’s another.
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Fintech News Stories
The Next Big IPO is Upon Us
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After several hyped IPOs failed to meet expectations, we’ll be watching this one closely to see how the market reacts.
Read MoreHow the Mobile Wars Were Won
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In tech, even the biggest companies can get left in the wake of fast-moving innovation.
Read MoreWhy Investor Pessimism Can be a Good Thing
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The stock market continues to hover at record levels, yet investor sentiment for the future remains pessimistic. This may seem like a strange dichotomy, but investors have their reasons.
Read MoreCan Tech Help Out During a Bear Market?
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With much doom and gloom predicted in the near future, advisers are hoping that comprehensive financial planning technology will make clients more “sticky” and less likely to pull money out of the market during a downturn.
Read MoreThe Downside of a Cashless Society
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We have written in the past about the pitfalls of creating a so-called “cashless society,” among them the risk that it would disproportionately affect the elderly and disabled. Well here’s another: people will have no way to pay for goods and services when electronic systems go down.
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Tech for the Ultra-High-Net-Worth Client
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The prevailing sentiment for years has been that tech tools in wealth management are primarily designed for the mass affluent. These are clients who don’t need to meet with an adviser regularly and can use automated digital services for much of their needs. But for high-net-worth clients, the human touch was still needed, the thinking went.exaggerated. Still, the old days of banks just plastering new branches everywhere as if they were billboards are surely over.
Read MoreCrypto’s Facebook Bump
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Can a rising tide (from Facebook) lift all boats in the crypto world? That’s what some would think, as Bitcoin hitting the $9,000 mark this week for the first time in a year coincided with news that Facebook will launch its new digital currency called Libra.
Read MoreThe End of Bank Fees?
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The rise of fintechs over the last decade-plus has changed the way many traditional financial institutions do business in order to keep up.
Read MoreCan AI Save the Bank Branch?
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It’s been said that the bank branch is dying, and while branch traffic is certainly down compared to, say, 20 years ago, rumors of its demise are greatly exaggerated. Still, the old days of banks just plastering new branches everywhere as if they were billboards are surely over.
Read MoreYe Olde (Fintech) Alma Mater
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While some fresh young minds head off to college to learn about Wordsworth, Lord Byron or Kierkegaard, a few others may be studying the words of Vlad Tenev or Kathryn Petralia instead. That’s because a small – yet growing – number of universities have begun to offer degrees in fintech.
Read MoreUber Creeps Further into Financial Services
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Uber’s IPO may not have gone as well as it would have hoped, but the company still has big plans to expand well beyond its humble beginnings as a ride-hailing app.
Read MoreTech and the Savings Crisis
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There is a savings crisis in America; half the population has less than $500 in a savings account, and 80 percent of Americans report that they live paycheck to paycheck. Some fintechs have responded to this and successfully lured some deposits away from traditional banks by offering high-yield savings accounts in an attempt to win new business.
Read MoreInsurtech Firms to Keep an Eye On
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Insurance technology (or insurtech to those in the know) continues to be hot; more than $3 billion in funding was poured into the sector in 2018, and that figure in 2019 is expected to be even higher. In our travels to and fro in recent weeks, we have been fortunate enough to meet with and discover a number of interesting – and very diverse – firms in this space.
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