Mapping Storms From Forecasting Through Cleanup To Future Proofing
Sophisticated #mapping combined with data shows can show detailed information about a storm’s impact including windows and storm surges.
Financial Technology
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How can creative industries benefit from blockchain?
Five forces of #blockchain #technology could affect the #creative economy. Here are some of the risks and challenges to overcome.
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Mortgage Lenders Should Take Hints from Spotify
What do #mortgage lending and music streaming have in common? More than one would think. In fact, mortgage #lenders could stand to learn a few lessons #from how music services such as #Spotify interact with consumers, according to Vishal Garg, founder and CEO of Better Mortgage. Better, an online mortgage lender utilizing machine learning to […]
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FIs Should Take Onboarding Lessons From Amazon, Expert Says
#Banks #should approach points of digital friction in the same way e-commerce giants do, if they want to hold onto their customers. As noted in recent surveys, a single point of friction is all it takes for consumers to abandon a digital banking product—and thus, the bank itself. This means banks need to start taking […]
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Bitcoin vs Venmo: Lessons Learned from ‘Craigslist Jeff’
“Accepting payments in cash or crypto only. #Venmo not accepted,” future online sale ads might read, at least for this recent victim of fraud on the reigning “killer” P2P payment app. Expressing his thoughts in a 32-tweet long tweetstorm, this seller of a 5k iMac (who goes by the handle @czeins on Twitter) found himself […]
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4 Challenges to Blockchain Adoption From Fidelity CEO
#Blockchain is a #technology that can cause a lot of frustration, but can also create a lot of joy. That’s according to Abigail Johnson, CEO of financial services giant #Fidelity Investments. Fidelity is making strides in pioneering the #adoption of blockchain technology and digital currencies; aside #from a number of partnerships in the space (including […]
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Consumers Expect Innovation to Come From Banks, Not Fintechs, Not Even Facebook
Despite all the shiny #fintechs out there, #consumers still #expect #innovation in financial services to #come directly #from #banks. Almost half of the consumers –49% of women, and 45% of men&8211; said they are most excited to see new financial product launches at banks, according to a study released yesterday by EY. All other alternatives […]
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5 Fintechs To Watch From the Startup Alley
In a mood for some #fintech inspiration? Take a walk down the #startup #alley. At the TechCrunch Disrupt 2017 event, currently taking place in New York, Bank Innovation came across a gauntlet of bright, shiny new #fintechs. Here are five of our favorites: Spendwallet While major #banks are busy building NFC-enabled digital wallets, this fintech […]
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Consumers Want More Financial Advice from Banks
#Consumers see their #banks as #more of a stressful utility, rather than a #financial advisor. According to the Future of Money report released by Cognizant, banks are not proactive with the financial needs of their consumers; 90% of consumers surveyed stated that they primarily deal with their bank for simple transactions only. “Simple transactions” exclude any […]
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What Can Startups Learn from Marketplace Lending Troubles? [Video]
The #marketplace #lending industry is far #from dead. Rather, it’s going through a reboot, which will include improved software, increased focus on regulation, and improved transparency. This was the upshot from a venture capital panel at a recent Bank Innovation event in San Jose. But what got the online lenders in trouble in the first […]
Bank Innovation
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