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Fintech Deals to Watch: Growing in the Digital World

Gonzobanker

Hot embers continue to glow in the fintech market that GonzoBanker mothership Cornerstone Advisors serves. Some perspective on how fast this fintech market is moving: Fintech Labs tracks 269 $1B+ valued fintech unicorns that have been founded in just the past two decades. According to CB Insights, US fintechs raised $14.6B

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Bankers: You spend like drunken sailors.

Jeff For Banks

On December 8th I am speaking at the Northwest Bank Executives conference in Seattle. At a time when so many banks are challenged to grow revenues, marketing expenditures represent 2.1% We have seven people in Deposit Ops, and need a new piece of technology or another person and therefore must increase our budget by 7%.

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Software Eats The (Retail) Workforce

PYMNTS

Why visit a bank with a teller when you can go to an ATM, and why go to an ATM (unless you need cash) if you can do everything you need to on your phone or laptop? And that’s a good thing for the consumers and the enterprises that are investing in this technology. If labor is $15 an hour, technology becomes more tempting.

Software 100
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Game-Changing Tech Or Dystopian Nightmare? How 16 Industries Could Be Transformed By Facial Recognition

CB Insights

While the technology is still developing, many companies (including Amazon) are banking on it as a disruptive force in a myriad of markets. From creating checkout-free retail stores to eliminating concert tickets, here are 16 industries that are starting to transform with facial recognition technology. Law Enforcement.

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A New Human Connection

Independent Banker

Interactive video ATMs draw attention as an alternative retail delivery option. ATMs with video connections to bank staff in a centralized back office have been getting a lot of buzz within the industry. Video ATMs are roughly 1.5 By Katie Kuehner-Hebert.

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24 Industries & Technologies That Will Shape The Post-Virus World

CB Insights

From healthcare to education to entertainment to manufacturing, technology innovators are stepping forward to help answer that question. In some cases, the technological changes inspired by Covid-19 will come in the form of an acceleration of existing trends — for example, industrial automation and contactless payments. Teletherapy.

Industry 101