Tag: technology

Fintech Apps Offer Financial First Aid For Hardest-Hit Consumers

Fintech has finally cracked the US banking sector

Varo Money is poised to become a full-fledged bank, making it the first of a new wave of fintech upstarts to win that approval in the US. The company’s long and expensive journey through a thick barrier of regulation is a reason why America’s banks have repelled the tech disruption sweeping through other industries. The…
Read more

Why 2020 Is The Year For Fintech

Why 2020 Is The Year For Fintech

This month marked one of the largest fintech acquisitions of all times, Visa’s purchase of Plaid for $5.3 billion. It is a validation of fintech in a literal sense – Plaid is a key enabler to many of the leading fintech players, and critical in simplifying the onboarding flow and integration of players. It may…
Read more

Google CEO calls for regulation of artificial intelligence

Google CEO calls for regulation of artificial intelligence

LONDON — Google’s chief executive called Monday for a balanced approach to regulating artificial intelligence, telling a European audience that the technology brings benefits but also “negative consequences.” Sundar Pichai’s comments come as lawmakers and governments seriously consider putting limits on how artificial intelligence is used. “There is no question in my mind that artificial…
Read more

It's Time For A Federal Fintech Sandbox

It’s Time For A Federal Fintech Sandbox

FinTech – An income-share agreement as an alternative to personal loans. A cheap money transfer system for the unbanked. A faster, cheaper payment processing system. What do these innovative financial products have in common? They’re all being tested in Arizona’s fintech sandbox. And they all represent the potential of a regulatory sandbox to allow financial…
Read more

Who's Using the Blockchain Now?

Who’s Using the Blockchain Now?

The blockchain is the technology that powers cryptocurrencies. You can think of it as a kind of digital ledger. Copies are spread across thousands of different computers and every time a new entry is added to one ledger, every copy of the ledger is updated. By creating smart contracts that are triggered by ledger entries,…
Read more

How Blockchain is Disrupting Digital Marketing and Where It’s Headed

Blockchain may be a relatively new technology, but it’s already changing the world around us. A recent survey by Deloitte found that 83% of respondents see compelling use cases for blockchain in 2019, up from 74% in 2018. Marketers too are waiting eagerly to see how blockchain will impact or optimize their work, so we’ve…
Read more

Carriers Will Pay When Insurtech Doesn’t Deliver on Big Promises

Carriers Will Pay When Insurtech Doesn’t Deliver on Big Promises

A startup claiming to predict disaster damage and optimize response has attracted insurers’ interest, but flaws in the methodology could put carrier partners at risk. The promise of new technology historically tends to be rooted more in hype than reality. Insurtech is not immune. While Insurtech has proven useful in streamlining claims management, garnering more…
Read more

8 interesting developments in IoT (Internet of Things) technology

Useful IoT advancements to promote the idea further IoT – We live in a world where technology is rapidly taking over our lives, like literally. Getting up in the morning we have our handheld devices at disposal, helping us, guiding us and informing us about our new and ‘upgraded’ lives. The Internet has made connectivity…
Read more

PayPal Skips Bitcoin While ‘Clearly Working on Blockchain and Cryptocurrency’

PAYPAL DOESN’T WANT TO MISS OUT ON BLOCKCHAIN AND CRYPTO REVOLUTION According to John Rainey, PayPal’s chief financial officer, cryptocurrencies and blockchain technology could be disruptive and the financial services firm doesn’t want to miss out: We have teams clearly working on blockchain and cryptocurrency as well, and we want to take part in that…
Read more

Financial Wellness: How To Do Fintech Well?

Fintech – Ahead of Innovate Finance Global Summit on 29th-30th April at The Guildhall in London, I spoke to Dan Cobley, Managing Partner of Fintech at Blenheim Chalcot, Daniel Haegarty, CEO and Founder of Habito, Francesca Carlesi, Founder and CEO of Molo and Freddy Kelly, CEO of Credit Kudos about financial wellness, how fintech can…
Read more