Lex Sokolin

AUGUST 19, 2020

The results say more about consumer Fintech investing than about any company in particular. Next came the arithmetic of how much these companies raised, and how together they have 15 million users and $10 billion of European Fintech unicorn enterprise value. Grab the financial model we built for this analysis here. It’s not impossible.

Comparison 52

Comparison Fintech Lending Analysis 52

PYMNTS

JULY 7, 2020

and other nations around the world as a result of the global pandemic continues to draw comparisons to the 2008 financial crisis — so it’s only natural that analysts may turn to the past in an effort to predict what could lie ahead. But that’s not to say that these FinTechs have a certain path ahead. The More Things Change.

Lending 171

Lending Industry Fintech UX 171

Payments Source

AUGUST 18, 2016

After the whirlwind of payments innovation in 2015, 2016 has felt rather stagnant in comparison for many payment technology enthusiasts. What is the story behind this lull and what does it mean for the future of Fintech?

Comparison 60

Comparison Payments Innovation Fintech 60

Chris Skinner

MARCH 14, 2017

Similarly, the high fees of Western Union and other remittance providers were fairly punishing … until FinTech came along. For example, here are the comparisons of a few players when sending $1,000 from the USA to the Philippines. Interestingly, the most expensive choice would be a FinTech!

Comparison 311

Comparison Fintech Conference Mobile 311

PYMNTS

MARCH 17, 2017

Blockchain technology has the potential to impact nearly every industry involving money. One area in which we’ve seen innovation break through recently may come as a surprise: insurance. PYMNTS: What are the benefits of implementing blockchain technology, and how is it impacting the insurance industry?

blockchain 127

blockchain Industry Bitcoin Innovation 127

PYMNTS

SEPTEMBER 16, 2016

Everyone is talking about FinTech,” René Lomelî, operations director for 500 Startups , told Mexico IT. In an attempt to fight back against what the government considers a telecom and mobile monopoly, smaller competitors are looking to deliver new technologies and business models to the mobile market.

Fintech 100

Fintech Capital Millennials Mobile 100

NCR

APRIL 20, 2017

There’s been a lot of talk in the financial sector in recent years about the impact that non-traditional fintech players will have on the market. Some people believe that the emergence of this new breed of companies will be a threat to established banking institutions, while others see opportunities for innovation and cooperation.

Fintech 45

Fintech Comparison New York Online 45

PYMNTS

MARCH 25, 2016

Yesterday (March 24), the CardLinx Association released new data from the 2016 Annual Card-Linking Industry Survey showing that 50 percent of respondents (consisting of merchants, payment companies, publishers and card-linked technology companies) reported a 50 percent growth in card-linking transactions over the last 12 months.

Cards 100

Cards social media Survey Comparison 100

PYMNTS

APRIL 27, 2018

Some of financial services’ largest incumbents have invested heavily in artificial intelligence (AI) to power lifestyle banking innovations, only to find that full-scale rollout is taking more time and effort than expected. Many of these players are now surrendering the reins to FinTech companies with expertise in wide-scale deployment.

Training 101

Training Comparison Fintech Innovation 101

Accenture

JULY 9, 2019

No matter which industry you are in, the new winners are the ones who can innovate and create value using a data-driven approach. Tech firms such as Google, Apple, Facebook and Amazon (GAFA) were early adopters, propelling their valuations to be 10x in comparison to banks. This technology can only improve with scale and experience.

Data 157

Data Google Strategy Examples 157

PYMNTS

AUGUST 12, 2016

That’s the opinion of the Competition and Markets Authority (CMA), which earlier this week said technology would be one of the underpinnings of getting lending to increase to SMEs, a group that would naturally benefit from improved access to capital. Simply put, most SME executives do not do much in the way of comparison shopping for loans.

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Lending Comparison Industry Innovation 100

PYMNTS

NOVEMBER 4, 2016

Denmark has gained quite a reputation for supporting an overall positive business environment and fostering creativity and innovation – all of which have contributed to its capital city attracting the attention of global startups. There is a perception that larger companies drive innovation as opposed to startups.

Capital 100

Capital Innovation Survey Comparison 100

PYMNTS

FEBRUARY 20, 2020

It’s an area of business spend friction that is driving a newfound resurgence in commercial card innovation that the card industry hasn’t seen in decades, with FinTech firms stepping in to take advantage of card transaction data.

Cards 140

Cards Software Data Management 140

NCR

MARCH 23, 2018

These will allow a much wider range of organizations to enter the payments market, including fintechs, challenger banks, retailers, social media providers and more. More powerful, accurate product comparisons. But what will this actually look like for consumers? Here are just a few. The potential to transform the banking sector.

Comparison 75

Comparison Fraud social media Data 75

Insights on Business

MAY 21, 2019

With use cases being established, ecosystems being created and quantum technology advancing rapidly, the time to engage with quantum computing is at hand. Value at Risk and even Monte-Carlo VaR calculations seem insignificant in comparison to CVA sensitivity calculations for the FRTB CVA capital charge. (To Extreme simulations.

Compliance 119

Compliance Big Data Comparison System 119

Insights on Business

NOVEMBER 26, 2018

Financial institutions globally are awakening to the fact that regulatory technology will drive the next wave of innovation in their approaches to understanding and stopping financial crimes. But for some in the financial industry, the idea that these technologies can solve more problems than they create is a novel concept.

Compliance 123

Compliance Customer Experience Strategy Groups 123

Lex Sokolin

SEPTEMBER 3, 2020

finance, culture, art, technology, media, geopolitics. As a result, financial infrastructure is just our collective solution for enabling the above activities using the latest in technology?—?whether whether that technology is language, paper, calculators, the cloud, blockchain, or some other reality-bending physical discovery.

blockchain 52

blockchain Software Capital Technology 52

PYMNTS

JUNE 30, 2016

The role requires keeping an eye on the ways a firm can utilize information technology more efficiently, especially in developing scale, as Urban FT CAO Larry Herbinaux describes. In our fast-paced FinTech environment, business requirements aren’t typically introduced at a steady pace. It makes any other job seem boring in comparison.

Mobile 100

Mobile Comparison System Payments 100

NCR

DECEMBER 4, 2017

Crucial to this shift in mindset is understanding and utilizing application programming interfaces (APIs) – technology that facilitates data-sharing between different organizations by allowing one piece of software to engage with another. The role of APIs in open banking.

social media 75

social media Data Industry Technology 75

Gonzobanker

MARCH 9, 2016

Between the dominant national banks in America and the hundreds of fintech startups aimed at disrupting our industry, there lies a group of resilient mid-size financial institutions. Here’s a simple way to visualize where an agile bank could play between fintech startups and behemoth banks: Fintech Disrupters Agile Banks Behemoth Banks.

National 60

National Innovation San Francisco Industry 60

Celent Banking

APRIL 26, 2016

" Just as the railroad builders used the river to guide the design and layout of the early railroads, bankers have used technology to guide how banking services are their designed and built. ERMA was co-developed by Bank of America and the Stanford Research Institute, launched in 1958, and was able to process 50,000 accounts per day.

Chicago 100

Chicago Training Illinois System 100

CB Insights

AUGUST 26, 2021

The fintech sector represents the second-most frequent investment target for SoftBank in 2021, with 26 fintech companies garnering deals. . A number of SoftBank’s fintech portfolio companies are focused on providing financial services for enterprises. Key focus areas include: Financial services for businesses. Auto/mobility.

Regional 94

Regional Fintech Analysis Company 94

Lex Sokolin

SEPTEMBER 16, 2020

You might think the comparison is daft. See the bottom category (20% of advisors) not using any of the industry’s core technology. As a historic comparison, here’s Dropbox reaching $1 billion in revenue. In Fintech, this has meant new payments, banking, lending, and portfolio management Web2 software companies.

Google 52

Google Data Software Comparison 52

PYMNTS

MAY 13, 2016

His comparison? The point: to ensure laws and regulation would not negatively impact innovation. government officials and industry thought-leaders establish an appropriate balance between basic consumer protection regulation and an openness which not only permits, but fosters and promotes, innovation. So, why digital currencies?

Bitcoin 100

Bitcoin blockchain Regulation Operations 100

PYMNTS

JUNE 30, 2016

“New advancements in technology have the potential to transform the payments landscape,” said Mark Ryan from FICO. “Innovation and convenience are driving usage of alternative products and services like online and mobile payments. In comparison, the U.S. Beyond that, 24 percent reported interest in using them.

Mobile 104

Mobile Samsung Apple Missouri 104

William Mills

MAY 9, 2018

There are a number of great events in FinTech but this one I do my best to attend each year. Again another financial wellness platform using machine learning technology. A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm.

Security 40

Security Samsung Strategy San Jose 40

PYMNTS

APRIL 20, 2016

It is almost as if the sea change is such that there is a growing awareness that leading a sales pitch off with a comparison to Uber has become more of a liability than a salable feature at this juncture. FinTech was responsible for as much as 86 percent of the week’s activity. Europe barely budged.

San Francisco 100

San Francisco United States Comparison New York 100

Lex Sokolin

SEPTEMBER 23, 2020

It gets to claim to be a technology-first player and focus on machine learning for its algorithms, rather than thinking about how to manage some investment management pie to have assets hit liabilities. The start-up is claiming to be EBITDA-positive, thereby reaching an amount of (basic) profitability that many fintech companies lack.

Capital 52

Capital Software Lending Apple 52

CB Insights

FEBRUARY 1, 2019

GET THE 106-PAGE FINTECH TRENDS REPORT. Download the free report to learn about the biggest trends from fintech in 2018 and ones to watch for 2019. Meanwhile, alternative lending is also seeing strong growth, with P2P fintech platforms distributing $1.4B Innovation in offline channels is a critical component of distribution.

Policies 61

Policies Lending Operations Examples 61

Lex Sokolin

NOVEMBER 12, 2020

The sovereign beasts continue to threaten each other with geopolitical, economic, and technological dominance. When the old world wobbles, the new one seems more safe by comparison. For comparison, Visa today sits at about $420 billion in market capitalization, representing the discounted cash flows of owning a payment network.

blockchain 52

blockchain Bitcoin Software National 52

Fintech Labs Insights

MARCH 28, 2016

For the 12th consecutive week, there were 20+ fintech fundings worldwide. The number of deals was inflated somewhat by the six new fintech companies launched at YC’s demo day that we had not previously covered. Here are the fintech deals by size from 19 March to 25 March 2016: Open Lending. Total dollars raised, $6.3

Company 12

Company Fintech San Francisco New York City 12

Tomorrow's Transactions

JANUARY 15, 2015

The FSA’s initiative comes as the UK Government re-affirmed its committment to breaking down barriers to entry for firms using innovative products and technology to challenge the established banking industry. From Finextra: FCA to foster fintech innovation; Treasury pushes P2P, APIs and virtual currency ].

Study 30

Study Strategy Innovation Data 30

Fintech Labs Insights

APRIL 16, 2020

In my 25 years in the fintech space, I’ve had the misfortune to experience three massive ecosystem shocks. To help gauge where fintech is now and how and when it will get back on its feet, let’s compare and contrast the three downturns and their recoveries. year run from high to low; for comparison the S&P dropped 48%).

Fintech 15

Fintech UX Community Comparison 15

Fintech Labs Insights

SEPTEMBER 22, 2015

Move over robo-advisors and alternative lenders, there’s a new destination for investment dollars in the fintech space. Digital insurance comparison shopping platform, CoverHound announced today that it closed a $33.3 million Series C round. Robinson was CEO of American Express from 1977 to his retirement in 1993.

San Francisco 12

San Francisco Comparison New York Capital 12

Lex Sokolin

DECEMBER 3, 2020

These are your industry comparisons. For 2020 at least, Yearn is the Bill Gross of crypto, playing across trading fees, interest maximization, dividend farming, governance rewards, and various other technological innovations that lead to capital appreciation. This merger is not about the technology. So what do we observe?

Community 52

Community Capital Security blockchain 52

CB Insights

DECEMBER 5, 2017

XL Innovate. HCS went through a major management shakeup in November 2016 when former AIG head of commercial insurance strategy and innovation Greg Wolyniec joined as president and CEO, while AIG president of liability and financial lines Alexander Baugh was named chairman of HCS’s board of directors. American Family Ventures.

Strategy 28

Strategy Marketing Analytics Innovation 28

Lex Sokolin

FEBRUARY 10, 2021

It mixes the mana from the Earth, with the labor of the human, with the invention of technology, to solve an existential problem. So here we have demonstrated that our intuitions about what is good and valuable for society are totally unhelpful in thinking about innovation and frontier assets. You eat bread so you don’t starve and die.

blockchain 52

blockchain Video Community Marketing 52