article thumbnail

The Coming Millennial FinTech Crisis

PYMNTS

While they enjoy many FinTech innovations, most millennials don’t have a snowball’s chance of earning more than their parents — ever. It’s one thing for the millennial offspring of the billionaire hedge-fund scions to fall short of making a billion because they only manage to pull down $760 million a year. It’s a fact. population.

article thumbnail

Finovate Fall 2016 Live Blog – Day 1

William Mills

Demoing – Bills for T-mobile – Brought in balance and due date. Demo: A Wealth Management Company (ACME)– GoodData can embed analytics directly in ACME’s dashboard. Demo: voice conversation with Alexa, able to ask bank account balance, block cards, pay bills, send money to friends. Demo: Bank application form.

Mobile 40
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Innovation in the Asset Management industry

Tefkin

Companies such as Betterment (disclosure, Anthemis is an investor & I am a customer) make investing in a diversified portfolio of ETFs easy and provide additional services such as automated rebalancing and tax optimisation. On the other end of the scale (Alpha), access to alternative assets has become easier with the JOBS act.

article thumbnail

Fintech Trending: RegTech Reality Check, Blockchain Bandwagon, and IBM’s New Wallet

Fintech Labs Insights

FundAmerica ( F15 ), arguably one of the most explicitly “regtech” companies to demo at a Finovate, provides crowdfunding platforms with APIs for a wide variety of “mission-critical, back-end regulatory requirements.”. OutsideIQ ( F16 ) enables FIs to uncover regulatory risk using a combination of machine learning and human analysis.

article thumbnail

Top Trends in WealthTech: From API-ization to Virtual Engagement

Fintech Labs Insights

Deloitte noted that “new combinations of digital and human-based channels” are not just for millennials, saying that “some Xers and Boomers want to engage in new ways” as well. ” Stephane Dubois, CEO of Xignite, during his company’s demo at FinovateAsia 2016.

Trends 12
article thumbnail

FinovateFall 2015 Presenting Companies Announced

Fintech Labs Insights

Selecting presenters for this year’s FinovateFall conference in New York was not an easy task, since we received the most number of applications to demo we’ve ever seen. Don’t miss your chance to see all of these companies, and more, demo their technology live.

Company 12
article thumbnail

A First Look at What’s Coming to the FinDEVr Stage this October

Fintech Labs Insights

Avalara will detail the Weird and Wacky World of Sales Tax. Did you know that sales-tax in the U.S. There are over 12,000 taxing jurisdictions covering millions of taxability rule combinations. It will present a live demo of this ‘breaking into my own bank account’ on mobile using a malicious Flashlight App.