THE WEEK IN FINTECH 01-24-2017 "Changing consumer preferences and behaviors are focused on ease of use, convenience, and immediacy of payment that can be obtained through the mobile channel," reports the Federal Reserve Bank of Boston in its most recent mobile payments study. Yet the mobile experience in the mainstream of U.S. commerce hardly meets that ideal. "Mobile … [Read more...] about The Mobile Mainstream
Chicago Rising
And more predictions for 2018. Chicago's FinTech development and investment reputation has been on the rise, and we're expecting big things in this city for 2018. Crain's Chicago Business suggests that Google is planning a major new center here, while city officials remain hopeful that it will make the first cut for Amazon's HQ2. They are said to be drawn to the work … [Read more...] about Chicago Rising
Northern Trust Acquires Citadel Hedge-Fund Platform
In a move to gain greater control over the financial technology used to manage the Northern Trust hedge-fund business, NT is moving platform development in house. A team of software leaders and developers moves to NT as part of the deal, as well as the rights to develop the trading- and securities-management platform to meet its needs. Northern Trust acquired Citadel's … [Read more...] about Northern Trust Acquires Citadel Hedge-Fund Platform
The Year in FinTech 2017 to 2018
It's that time of year: review and predict. Here are 18 links of 2017 trends and 2018 predictions to ponder over the New Year holiday. 2017 in Review The FinTech revolution as covered in 2017 is evolving into a phase of innovation in which addressing customer needs, expectations, and preferences takes precedence over disrupting the business models of incumbent financial … [Read more...] about The Year in FinTech 2017 to 2018
The Year in FinTech: 2018 Predictions
After looking through FinTech trends in 2017 and the trajectory they portend for 2018, I offer three predictions for FinTech in 2018. A major central bank will issue a cryptocurrency. I believe it will be the Bank of England. For one, the U.K.'s central bank has been studying cryptocurrencies for some time. Secondly, the Financial Conduct Authority (FCA) is widely regarded … [Read more...] about The Year in FinTech: 2018 Predictions
The Year in FinTech: 2017 Review
Links to my articles covering the main developments in 2017: A Golden Age of FinTech Financial technology is heading into its next inflection point. The financial services industry’s last transformation, mobile and digital systems and apps, is morphing yet again into the age of platforms and machine learning. The FinTech revolution is evolving into a phase of innovation in … [Read more...] about The Year in FinTech: 2017 Review