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Shoring Up FIs ‘Deteriorating Advantage’ Over Big Tech

PYMNTS

Big Tech is good at promoting, designing and improving the user experience, he said. The fact that FIs’ trust factor is a deteriorating asset can be seen in the findings of a recent PYMNTS study, where consumers indicated they would be open to considering financial services from trusted online companies such as Amazon.

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Lessons From The Failed Chatbot Revolution — And 5 Industries Where The Tech Is Making A Comeback

CB Insights

But while many chatbots didn’t meet users’ high expectations, they haven’t entirely fallen short. Today, the bots are still being used across industries like fintech, healthcare, sales and CRM, retail, and even law — and they’re having important, though quiet, effects. Fintech: Contract review & bill negotiation.

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We analyzed 7 of the fastest-growing personal finance apps of all time to figure out the secrets to their success — here’s what we learned

CB Insights

We studied 7 of the fastest-growing personal finance startups of all time, including Robinhood, and dove into what they did to achieve their massive results. Stash teaches its users how to invest. Many fintech companies out there are trying, very literally, to become the next Mint.com. Mint has a classic success story.

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