Software Faster, IoT, Cloud, Mobile, Watch — What Could Possibly Go Wrong?
The complexities of modern #software place new demands on automated testing and monitoring.
Financial Technology
The complexities of modern #software place new demands on automated testing and monitoring.
Financial Technology
The rise of alternative data has allowed fintechs to go beyond Fico scores to determine the financial risk of a borrower. With this data, some fintechs are looking to facilitate more loans to thin-file consumers. By using artificial intelligence (AI) and machine learning (ML), the #startups can determine a borrowing candidate’s financial health and attitude towards […]
Bank Innovation
Large #banks, e-commerce moguls like Amazon and eBay and tech firms are likely to enter the #alternative #lending space, and soon, according to Eden Amirav, co-founder, and CEO of startup LendingExpress. In markets like Australia, this is already happening. National Australia Bank set up its own alternative lending arm called QuickBiz Loans back in 2016. Over the […]
Bank Innovation
Financial institutions harnessing the power of big #data must glean meaningful insights from many disparate data sets. Several #startups helping #banks and financial institutions make sense of data, alternative and otherwise, have emerged. According to one of our featured startups, Hexanika, the regulatory environment has intensified substantially lately. Hexanika found that there has been a […]
Bank Innovation
It’s not just startups that need watching — neobanks are springing up across the globe, and a particular breed is becoming more common &8212; those backed by traditional #banks. These banks are usually digital-only, but some may have physical branches. For a while, traditional FIs did not concern themselves with these neobanks, which typically offered […]
Bank Innovation
PREMIUM – Every year Bank Innovation assembles a list of 44 #innovators that caught our attention in digital #banking and #fintech. These are the people Bank Innovation believes to be this year’s movers and shakers in the industry, paving the way with forward-thinking technologies and ideas. This year the list contains a variety of innovators […]
Bank Innovation
PREMIUM – Financial institutions and #fintech #startups have realized the potential in working with the enormous and previously untapped market of underbanked consumers. The means of assessing creditworthiness are as varied as the #alternative data points companies are starting to use. From psychometrics to gauge the propensity to pay back, to the #blockchain and geolocation […]
Bank Innovation
The expectation for P2P payment apps is more than just payments. As the U.S. market gets saturated with various P2P apps, consumers are demanding that Venmo or Apple Pay or whatever platform they are using provide them with some #money–#management capabilities as well. Even at major #fintech conferences such as Finovate in Santa Clara, Calif., […]
Bank Innovation
#Fintech #startups have taken note of the vast opportunity in the SME #space, which has been underserved by #banks since the financial crisis. Add to this the growing number of freelancers and independent contractors, and the market becomes even more attractive. “Small businesses are extremely profitable banking customers,” Trevor Dryer, CEO of Mirador, an SME […]
Bank Innovation
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