financial services

  • Examining The Top 4 Fintech Predictions For This Year And Beyond Crunch Network

    Examining The Top 4 Fintech Predictions For This Year And Beyond

    Alongside “Unicorn” and “Grexit/Brexit,” “Fintech” was considered one of the top 10 financial buzzwords of 2015. But fintech isn’t a newcomer to this list — and for good reason. For a few years now, fintech companies have moved from the margins to the mainstream. They are building tech-enabled financial platforms that serve consumers better… Read More

  • Opportunities In The Risk Business Abound As Insurance Is Ready For Disruption Crunch Network

    Opportunities In The Risk Business Abound As Insurance Is Ready For Disruption

    Whether medical, automotive, life, residential, or commercial, the value proposition of smoothing out potential cash flow outlays often makes sense. Pretty cool. But on any chart highlighting relative customer satisfaction across industries, you will consistently find that insurance ranks among the last — only ahead of real estate, telcos and cable companies. Read More

  • Fintech Is Just Getting Started Crunch Network

    Fintech Is Just Getting Started

    In just the first week of trading in 2016, the S&P 500 lost 6 percentage points and more than one trillion dollars in market capitalization. With the worst start in more than a century, the markets seem to be predicting a slow period for the U.S. economy. One segment that I think has the potential to survive, if not thrive, in the expected volatility this year is financial technology. Read More

  • Tilt CEO James Beshara On Crowdfunding For A Mobile World Crunch Network

    Tilt CEO James Beshara On Crowdfunding For A Mobile World

    In what turned out to be a pretty strategic and hilarious interview James Beshara discusses a range of topics including the onboarding process for users on mobile, the importance of customer retention, his experience raising $37m from the likes of a16z, SV Angel, Sean Parker and Naval Ravikant and what investors really want when investing in Silicon Valley startups. Read More

  • Can Fintech Fix Financial Services? Crunch Network

    Can Fintech Fix Financial Services?

    A review of the new Michael Lewis movie The Big Short describes a scene during the 2008 financial crisis in which renters were “kicked out of their homes because their landlord didn’t pay the mortgage, even though they were making their rent payments in full.” It serves as one of many examples of how our malfunctioning financial system produces fundamentally unfair outcomes. Read More

  • Three Ways To Stay Current In The Financial Services Industry Crunch Network

    Three Ways To Stay Current In The Financial Services Industry

    The financial services industry is a cutthroat market with razor-thin margins, making it one of the toughest industries in which to generate profit. Yet, for fintech startups, it is one of the least chartered, most lucrative sectors. Accenture recently reported that fintech investments grew 201 percent in 2014 compared to the previous year. As a comparison, overall venture capital investments… Read More

  • The Two Distinct Types Of Fintech Innovation Crunch Network

    The Two Distinct Types Of Fintech Innovation

    Fintech, the (faintly uncool) term for financial technology, is booming these days. But it’s wrong to think of fintech as a single sector. There are two very distinct types of fintech innovation that entrepreneurs, consumers, investors and regulators need to be able to tell apart. To understand the distinction, it’s helpful to take a look at venture-backed innovation in general. Read More

  • Aspiration, A “Merrill Lynch With A Conscience,” Gains Traction

    Aspiration, A “Merrill Lynch With A Conscience,” Gains Traction

    As consumers, we can probably agree that bank profits are, well, gross. In the second quarter of this year alone, U.S. lenders wrung a record $43 billion from their customers. It’s the kind of stat that a small but growing two-year-old, L.A.-based investment company called Aspiration is increasingly using to gain new customers. In the words of cofounder and CEO Andrei Cherny… Read More

  • The Evolving Landscape Of Recommendation Systems Crunch Network

    The Evolving Landscape Of Recommendation Systems

    Everyday decisions, from which products to buy, movies to watch and restaurants to try, are more and more being put in the hands of a new source: recommendation systems. Recommendation systems are changing the very ways we make up our minds, guiding us through a new digital reality whose evolution is bringing us closer to exactly what it is that we want — even if we ourselves… Read More

  • Net Neutrality And Modern Exchanges Crunch Network

    Net Neutrality And Modern Exchanges

    A great victory was won earlier this year for supporters of innovation, competition and openness — net neutrality rules were adopted by the FCC. Those rules have recently come into effect, and we’ve already seen significant movement, including the $100 million AT&T fine for data throttling. Read More

  • Alibaba-Backed Paytm Can Now Offer Banking Services In India

    Alibaba-Backed Paytm Can Now Offer Banking Services In India

    Eleven companies, including Alibaba-backed Paytm and several telecoms, can now offer a wide array of financial services after being granted provisional approval by the Reserve Bank of India, the country’s central banking authority. Read More