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Digitization Could Halt Corporate Banks’ Shrinking Profits, Analysts Say

PYMNTS

The Boston Consulting Group (BCG) has released a new report that suggests corporate bankers may be able to halt shrinking profits through digital transformation. The trend is even worse among Western European FIs, with shrinking profits prevalent among 57 percent of institutions in this region, reports said.

Boston 109
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Fintech Favorites

Fintech Labs Insights

Having originally launched its dev platform in 2010, Mastercard this week announced an expansion of its platform that provides third-party developers single location access to more than 25 updated APIs in categories like payments, data, security, and financial inclusion. Mastercard ( FD14 ) launches its developer portal (again). and Europe.

Fintech 12
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The Future Of Housing: From Home Building To City Planning, Tech Giants & Startups Are Reimagining Where & How We Live

CB Insights

Forward-thinking startups and large tech companies like Facebook and Google are focused on innovation in single-family and multi-family residential construction. Given the abundance of lumber in Canada, timber activity has been largely concentrated in the region, but increasingly it is gaining traction in the US.

Seattle 56
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Who’ll Rule The Future Of Commerce?

PYMNTS

The Grand Bazaar was the mastermind of the ruling Ottoman Empire , which thought that organizing thousands of merchants into a single location for shoppers to visit would establish Istanbul as an important trading center, boost economic development in the region and add to the ruling party’s wealth. For centuries, it did.

Online 128
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242 Startup Failure Post-Mortems

CB Insights

But overpriced, over-hyped hardware products weren’t the only “innovations” we said goodbye to: we also recently witnessed the deaths of startups working in mobile AR, e-commerce, digital media, and more. Title: Boston startup Besomebody, once featured on ‘Shark Tank,’ shuts down app. Product: Quidsi.

Company 78
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Who’ll Rule The Future Of Commerce?

PYMNTS

The Grand Bazaar was the mastermind of the ruling Ottoman Empire , which thought that organizing thousands of merchants into a single location for shoppers to visit would establish Istanbul as an important trading center, boost economic development in the region and add to the ruling party’s wealth. For centuries, it did.

Online 112