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SoFi Unveils Digital Wealth Management Platform, SoFi Wealth

Fintech Labs Insights

Less than a month after announcing its new $105 million SoFi Prime Income Fund to help raise funds to issue loans, online lending innovator SoFi is making headlines again with the launch of SoFi Wealth. Founded in 2011 and headquartered in San Francisco, California, SoFi made its FinDEVr debut earlier this year at FinDEVr 2017 New York.

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Calling All Startups: Reinvent the Mortgage Process (Please)

Fintech Labs Insights

The poster child for bad UX was the denial of a mortgage to previous Fed chairman, Ben Bernanke last year. That’s not nearly the amount of change I expected in this vital area, but the re-regulation of the mortgage industry, thanks to the housing debacle of 2008 to 2012, has taken it’s toll on innovations.

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Q2 Leverages MX Technology to Launch Contextual PFM

Fintech Labs Insights

With the “always-on aggregation” and UX/UI of MX , the newly-launched Contextual PFM from Q2 is designed to make actionable financial insights a part of every customer’s mobile banking routine. Q2 demonstrated its Risk & Fraud Analytics platform at FinovateSpring 2011. Q2 + MX = CPFM.

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Fintech’s Third Crisis is Tipping Point to a Digital-Only Future

Fintech Labs Insights

Companies were abandoned and it led to a 5- to 6-year drought in fintech innovation. The recovery : As financial institutions got to the other side in 2010/2011, there was a massive pent-up demand from consumers for digital services, as broadband was now common in most developed markets and the iPhone turned 3 in 2010.

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Disrupting Insurance: The Other Financial Services Opportunity

Tefkin

In the last years, most of the focus on innovation in financial services has been, it seems, on banking (investing and lending) and payment. To give a few numbers, non-life insurance market world-wide in 2011 was estimated at $1,877.2 A classic case of Innovator’s dilemma. billions.

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The 25 Most Absurd Job Titles In Tech

CB Insights

INNOVATION IS MORE THAN FANCY JOB TITLES. Get the free 31-page State of Innovation report to find out how 677 corporate strategy execs are driving change and growth. Innovation Evangelist. Both SAP and Google have employed an innovation evangelist in years past. Innovation Alchemist. Innovation Sherpa.