This week, the banking drama unfolds in three acts: I. Payments Possibilities II. Regulatory Ruminations III. Lending Lessons I. Top 10 trends in retail payments Today's digital culture is changing payments faster than any area of financial services, reports Jim Marous in The Financial Brand. Although payment usage remains relatively stable, the means of making … [Read more...] about The Banking Drama
UX Strategies for Small Banks
by Alex Kreger In this age of quick account access, slick banking apps, and services at the touch of a button, smaller banks need to have a UX strategy to maintain their competitive edge. But how can a smaller bank with limited resources develop a UX strategy that could match the services and accessibility of large financial institutions? The competitive edge comes from … [Read more...] about UX Strategies for Small Banks
Crypto Realists and Skeptics
FINTECH ARTICLES OF THE WEEK 11/12/17 The wild ride in bitcoin and ICOs continues, as the story woven by this week’s links shows. I’ve attempted to select articles that balance the hype with realism and healthy skepticism. Why cryptocurrencies could push the dollar from world reserve currency status That sounds a bit dramatic to me—I have faith that centralized financial … [Read more...] about Crypto Realists and Skeptics
Crypto Currents
FINTECH ARTICLES OF THE WEEK 10/30/17 The original plan for this issue was to cover the main trends from last week's Money20/20 conference and get a sense of how banking, payments, and FinTech have evolved over the last year and what the year ahead looks like. I saw more multi-purpose banking and payments apps. I heard many people talk about the need for financial literacy … [Read more...] about Crypto Currents
Payments for Pot
A Joint Solution for Illinois Innovators The State of Illinois finds itself poised to lead innovation in two rapidly growing industries. Ss the state backs digital currency technologies and supports legalized cannabis, it stands at the nexus of federal and state jurisdiction, banking regulation, and the digital future of money and finance. The result could be increased … [Read more...] about Payments for Pot
Planning for Health Risks
Seasoned advisors may find that while they work hard making client’s money, if they don’t plan for specific health risks, the clients have nothing left in their bank accounts for wealth. With Genivity, the client and advisor can plan for a bright future. Some want this future to be full of widespread travel, others wish to have ample time to play with their grandchildren. … [Read more...] about Planning for Health Risks