Remove 2007 Remove Innovation Remove Millennials Remove Technology
article thumbnail

A Decade On, Lending Transformed By Crisis And Innovation

PYMNTS

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. Student debt was at $545 billion at the end of 2007, just ahead of the financial crisis, and now stands at more than $1.5 Necessity is the mother of invention.

Lending 148
article thumbnail

Bankers and Strategic Bets. A Slow Embrace.

Jeff For Banks

That's what I thought about while reading a recent Financial Brand post about Innovation in Banking: Killer Ideas? How do we balance strategic direction, customer demand, and the futurist or wildly over-caffeinated millennial that tells us we have to implement every shiny new object or we'll die? or Idea Killers? Much to my chagrin.

Apple 66
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Physical Retail Isn’t Dead – The Physical Store Model Is

PYMNTS

Aided and abetted by mobile devices, apps and payments and logistics innovations have substantially improved the consumer’s digital shopping experiences. Here’s what that sounds like , for those who’d like to take a walk down memory lane – or for the millennials reading this who have never known anything but 3G.

Retail 198
article thumbnail

From Investing To Budgeting, How Millennials Are Disrupting Personal Finance

CB Insights

While the media often portrays millennials as preoccupied with the rising prices of festival tickets and avocado toast, their real financial concerns are a bit more practical. But millennials face significant headwinds in making those financial dreams a reality. get the REPORT on next generation investors. From big banks to big tech.

article thumbnail

1M Users & Growing: 20+ Fintech Startups That Have Crossed The 1 Million Account Mark — And How They Got There

CB Insights

Technological innovation across the financial services space is growing. Series A in 2007. A number of specific factors are driving these changes: There are massive demographic shifts occurring in the market for customers, where millennials now make up the majority of the labor market.

Fintech 64
article thumbnail

Mortgage Tech 101: What It Is & Why It’s Taking Off Now

CB Insights

Mortgage technology startups are companies that apply digital processes to mortgage origination, underwriting, servicing, investment, and other associated business activities. The graphic below highlights several of the prominent technology startups now active across the mortgage industry. What is mortgage tech? Mortgage Tech.

article thumbnail

Finovate Fall 2016 Live Blog – Day 1

William Mills

Their technology is basically a card with a built in computer that lets the holder to change a credit card to a different type of credit card, or perhaps even a debit card. Perhaps there is a big bank in Canada that has embraced their technology. Founded: May 2007. I think cards from Dynamics ARE big in Canada.

Mobile 40