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Fintech

Can FinTech Be an Opportunity for Greece's Troubled Economy?

Demetrios Pogkas | Posted 02.10.2016 | World
Demetrios Pogkas

FinTech is globally considered as one of the hottest sectors in startups right now, with VC fundings having been tripled between 2013 and 2014, toppin...

Productivity and Financial Inclusion: A Response to the Economic Slowdown

FOMIN | Posted 02.05.2016 | Business
FOMIN

How are financial inclusion and productivity linked? And why are these two pieces of the puzzle important for the economic development of Latin America and the Caribbean?

Davos' FinTech Left One Innovation Out

Ella Thuiner | Posted 01.28.2016 | Business
Ella Thuiner

Today's IT infrastructures in banks have grown historically over decades. Creating a helicopter view of the IT landscape is sometimes impossible because it takes a large group of experts from different areas in a bank to talk to each other in order to get an overview.

Is Davos Credible?

Benjamin T. Solomon | Posted 01.26.2016 | Politics
Benjamin T. Solomon

Do you remember anyone at Davos discussing how to avoid another Wall Street Crash of 2008, in past years? No. Or how can our "elite" bankers build a more stable financial infrastructure? No.

A Case for the Freedom to Disrupt

Mark Curry | Posted 01.25.2016 | Business
Mark Curry

We live in an increasingly connected society, filled with new opportunities to develop and incorporate technologies that connect us with the world and...

Blindsided by innovation like Bloomberg? Don't become a statistic.

Irene Aldridge | Posted 01.22.2016 | Business
Irene Aldridge

Co-authored with Steve Krawciw JP Morgan's announcement last week "to pull the plug" on all of their thousands and thousands of Bloomberg terminals i...

How Social Media Is Shaping Financial Services

Richard Eldridge | Posted 01.21.2016 | Technology
Richard Eldridge

Social media platforms can no longer be considered places where people simply connect and communicate in real-time with the click of a button.

Banks vs. Fintech? No Contest, Banks Win

Rene Lacerte | Posted 01.14.2016 | Business
Rene Lacerte

The meteoric rise of fintech firms in recent years coupled with the surge of interest by already-established technology companies in the consumer payments space are nothing short of remarkable.

8 Startups Disrupting Multiple Industries From The World's Largest Startup Accelerator in Boston

David Ongchoco | Posted 01.04.2016 | Business
David Ongchoco

Each year, MassChallenge takes in 128 startups and provides them with resources that allow them to take their startup to the next level. We sat down with 8 different startups from this year's batch. That were tackling problems in various industries from healthcare and education to art and media to agriculture and food.

Millennipreneurs: Courting the Next Generation's 1%

April Rudin | Posted 12.17.2015 | Business
April Rudin

Everybody wants to crack the code when it comes to the millennials. The world's youngest generation of adults wields a huge amount of consumer spendin...

Young & Entrepreneurial: How This Harvard Student Built a $18M Fintech Startup to Solve His Own Payments Problem

David Ongchoco | Posted 12.15.2015 | Business
David Ongchoco

A lot of people say that in order to start a company, you must be knowledgeable in the space that you're trying to enter. While this is true for most entrepreneurs, sometimes, what is more important is the problem you're trying to solve.

Online Lenders Woo Students and Homebuyers

Shindy Chen | Posted 12.08.2015 | Technology
Shindy Chen

As marketplace lending reaches a tipping point, the biggest companies must figure out how to differentiate themselves.

What Jimmy Stewart Knew About Banking

Mike Cagney | Posted 12.07.2015 | Business
Mike Cagney

It might seem ironic that while the press is fixated on millennials, I'm citing a movie that was made in 1946 as an aspirational example of what banking could be.

Surviving a Red Hot Market Means Thinking Differently

Yee Lee | Posted 12.01.2015 | Business
Yee Lee

Fintech is red hot. In the past 18 months alone, we've seen more than 400 new lending companies launch. Walking the LendIt 2015 exhibition halls jus...

SMEs Finance Leapfrogs through Fintech Innovations

Gloria Grandolini | Posted 11.25.2015 | Impact
Gloria Grandolini

The World Bank Group, together with the SME Finance Forum and the G20, drafted the SME Action Plan on Financial Infrastructure on lowering barriers to SME financing. The proposed reforms aim to bring countries closer to international best practices by supporting modern and efficient lending.

The Social Fabric of Finance

Yee Lee | Posted 11.24.2015 | Business
Yee Lee

Isolated Lending Finds a Friend in Social Networking For decades the lending industry has tirelessly pursued the perfect equation to determine a bor...

In the Face of Financial Odds, Millennials Lean Into Their Network

Yee Lee | Posted 11.23.2015 | Technology
Yee Lee

It is well known millennials are great at leveraging their personal networks for financial matters from finding a job to finding an apartment. Do not be surprised to see this generation apply this same attitude of open-sharing across other financial services as well.

The Forefront of Financial Innovation Belongs to Tech

Yee Lee | Posted 11.12.2015 | Business
Yee Lee

Financial innovation isn't just being driven by traditional financial service providers; it's also coming from tech companies who have built loyal consumer followings and are now offering financial services in novel ways.

I (Shall Happily) Accept the 2016 Nobel Prize in Economics on Behalf of Satoshi Nakamoto

Bhagwan Chowdhry | Posted 11.06.2015 | Business
Bhagwan Chowdhry

I am completely serious in suggesting Satoshi Nakamoto for the Prize. The invention of bitcoin -- a digital currency -- is nothing short of revolutionary.

Trailblazing Women: Jalak Jobanputra, Founder/Managing Partner of Future\Perfect Ventures

Anne Ravanona | Posted 10.30.2015 | Business
Anne Ravanona

Jalak Jobanputra is Founding Partner of Future\Perfect Ventures, an early stage venture capital fund in NYC. She has 20 years experience in venture capital, impact investing, media and technology.

False Choice and the Unfortunate Reality of Payday Lending

Yee Lee | Posted 10.20.2015 | Technology
Yee Lee

In the latest consumer complaints snapshot, a monthly report detailing consumer sentiments across all credit products, the CFPB observed a 12 percent decrease in the number of payday lending complaints.

Finance Technology and You: Getting Proactive With Credit

Yee Lee | Posted 10.15.2015 | Technology
Yee Lee

Technology has a long history of reshaping the relationship between people and their money. Remember life before the ATM? Imagine how different your spending habits would be if you still had to walk into a bank and speak with someone every time you wanted extra cash.

Wall Street Should Be Scared of the Blockchain

Brett King | Posted 10.13.2015 | Business
Brett King

Banking is predicated on a fairly simple premise that has given bankers and Wall Street operators the feeling of an exclusive, old boys club. Information scarcity and access to proprietary bank networks has made the operation of financial services a mysterious, yet defensible 'black box' capability.

This Paper Trail Is Causing a $1 Trillion Drag on US Businesses

Rene Lacerte | Posted 10.01.2015 | Business
Rene Lacerte

All good things must come to an end -- especially those that aren't very good in the first place. Few decisions could have such a widely felt impact on our economy as getting rid of checks, which have been burdening businesses with excessive costs for decades. It's time to bid them farewell.

This Stick-To-Your-Ribs List Of FinTech Giants Is a Guide to The Future

April Rudin | Posted 09.15.2015 | Technology
April Rudin

I'm a sucker for Internet lists. If I come across a "Top 10 Spectacular Wardrobe Fails by International Pop Stars," I instantly lose at least an hour's worth of productivity reading about how JLo wore it better than Christina. And there are loads of lists out there.