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In The Age Of Big Data, Why Are We Still Flying Blind?

PYMNTS

We’re flying blind because we lack relevant data to build and then use the right frameworks to make confident, reasonable decisions that guide our businesses, and even our economy. Part of the disconnect with the Census data is that it measures averages, but nothing is ever average. What Innovation? A week ago it was 28 degrees.

Big Data 135
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Banks Need FinTech To Stay Competitive – And Secure

PYMNTS

Traditional banks have continued their sloth-like pace in FinTech adoption, added Galarza, which has led corporates to seek innovative services from non-bank players. “In In the accounting industry, businesses already trust providers of Software-as-a-Service (SaaS) with their most valuable asset: data,” he said.

Security 181
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Can Fintech Pave a Way for Financial Inclusion?

Bank Innovation

Federal Reserve Governor Lael Brainard addressed barriers to financial inclusion at a conference hosted by the Boston Fed and the Aspen Institute in Boston on Oct.

Boston 186
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Happier Hour: 55+ Startups Disrupting The Alcoholic Beverages Industry

CB Insights

At the same time, startups are riding the craft spirits, cannabis-infused beverages, and alcohol-free trends, offering innovative products to happy hour drinkers. Bar Tech — Companies in this category bring big data and online features to bars and restaurants. Briggs Original (Boston Cranberry). Craft Spirits Brands.

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Why We Invested: VCs Sound Off On 7 Recent Early-Stage Startup Investments

CB Insights

They’re also bullish on how Element AI’s cooperative platform and “non-predatory” approach to AI talent (in which academic researchers are paid like private employees) will accelerate AI innovation. Frankel also sees the startup’s location in Boston as giving them an “unfair advantage” in talent acquisition. ” –Greylock Partners.

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Fintech Fundings: 28 Companies Raise $220 Million Week Ending March 25

Fintech Labs Insights

In total, there were 13 fintech startups (or 15 by the Bank Innovations definition ), 12% of the total YC W16 class of 109. HQ: Boston, Massachusetts. Financial data for private equity funds. Tags: Investors, big data, business intelligence, investing, capital markets. Source: Crunchbase. Maxwell Health.

Company 12
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From AT&T To Xerox: 65 Corporate Innovation Labs

CB Insights

Corporate innovation is critical for established companies looking to stay relevant in the face of disruption from up-and-coming startups. With industries being unbundled left and right ( supermarkets , banking , cars — just to name a few) more companies are opening up in-house innovation labs every day. Innovation Lab Name: HP Labs.