How Can Banks Best Become Digital?
/
When it comes to embracing digital, banks often don’t know where to begin. Legacy tech infrastructure makes it hard to quickly innovate on the fly, as start-up tech firms do.
Read More
Fintech News Stories
David and Goliath Walk Into a Bar . . .
/
A few years ago, financial services used the classic metaphor of David and Goliath to illustrate the industry’s growing disruption: fintech, painted as the agile underdog, versus the formidable and experienced incumbent. But over the past five years, the David and Goliath metaphor in reference to fintech innovation has become increasingly inaccurate.
Read MoreEven Digital Natives Need Cash Sometimes
/
Sure, you can bank from your phone, but just try to get cash out of the keypad.
Read MoreMortgage Servicing NPS — How Low Can You Go?
/
Mortgage servicing is a neglected stepchild in banking tech, and it shows.
Read MoreComing to a Cloud Near You: Video Game Systems
/
Google made some waves in the video gaming industry last year with the announcement of its Stadia gaming system. The most notable feature of Stadia was that it wasn’t a physical device at all, but rather a fully cloud-based streaming service.
Read MoreCould Big Tech Really Be ‘Broken Up’?
/
“Break up big tech!” has been the cry in recent times, as privacy and data-use concerns — among others — have caused both the public at large and politicians to cast a skeptical eye toward the major tech firms. (Bankers are surely relieved at this current reprieve from being Public Enemy Number 1.)
Read MoreData’s Future Is in the Cloud
/
Data centers traditionally have been housed on premises, where businesses and large organizations could keep tabs on everything and feel like they had full control over their infrastructure. But long rows of on-site servers are quickly becoming a thing of the past.
Read MoreVCs Love Challenger Banks
/
Challenger banks are all the rage these days. Countless news stories speak of how they are disrupting traditional banking. And they are raking in the dough from venture capitalists.
Read MoreChallenger Banks Revisit Their Model
/
Many challenger banks — the small, newly created companies that want to compete with the “big guy” legacy institutions — have taken similar approaches when launching their services. The problem is what they’re offering isn’t enough for their companies to take root among consumers.
Read MoreIs the Alternative to ‘Going Postal’ ‘Going Mobile?’
/
Postal banking, with minimal fees and easy access, is back on the Democratic agenda, but is it needed with fee-free mobile banking apps?
Read MoreMega-Rounds Drive Fintech Investment in 2019
/
It was a mixed bag for fintech funding during Q2, according to the most recent CB Insights Global Fintech Report released this week. On the positive side, there were 25 mega-rounds (i.e., rounds of over $100 million), which helped drive global fintech investment.
Read MoreVox Populi? Maybe Not for Hedge Funds
/
Hedge funds have long been closed off to the average retail investor. But so-called “hedge funds for the masses” — pooled funds that use hedge fund-like strategies — had been growing in recent years. That is, until now.
Read MoreCentral Banks Ramp Up Digital Payments Initiatives
/
For the past several years, as cryptocurrencies have become more popular, central banks have started exploring the idea of issuing their own digital currencies.
Read MoreThe Subscription Model Comes to Sneakers
/
The subscription model of consumerism has proven to be very popular, as demonstrated by the rise to power of services like Netflix, Hulu, and many others. Now Nike is banking on a similar model to keep kids buying their sneakers, or at least those kids’ parents.
Read MoreSwitzerland Takes the Lead on Drone Traffic
/
Switzerland has been at the forefront of many great innovations in the world: the Swiss invented velcro, aluminum foil and absinthe, among other things.
Read More
.gif)
.png)
.png)
.png)
