FINTECH ARTICLES OF THE WEEK 1/15/2017 Along with economic and political uncertainty in the United States and abroad come predictions for 2017 on the possible rebirth of banks and the final death of cash. Maybe. Uncertainty will drive the higher usage of cryptocurrencies in some places, as China looks to suppress bitcoin to slow the outflow of funds. At the same time, the … [Read more...] about Killing Cash Once and for All
Payments
FinTech Ubiquity
FINTECH ARTICLES OF THE WEEK 1/9/2017 Things to look for in 2017 include progress on faster payments in the United States, greater regulatory scrutiny of FinTech here and abroad, and blockchain use cases put into action. FinTech firms will continue to shake up the way consumers invest, insure, and conduct transactions—and card payments will continue to rule. FinTech, … [Read more...] about FinTech Ubiquity
Assessing Impact
FINTECH ARTICLES OF THE WEEK 12/18/2016 As the year quickly comes to a close, news this week takes a step back to assess the impact of APIs on the financial sector, more emerging insurance trends, and FinTech’s impact on the underbanked and unbanked populations in the U.S. and abroad. We also learned that consumers are waking up to digital banking options, but contrary to the … [Read more...] about Assessing Impact
Survey Surprise: Security an Important Issue for Banking Millennials
When it comes to their money, millennials are playing it closer to the vest than most financial analysts expected. A recent report from VocaLink, a builder and operator of payment systems, revealed 25 percent of millennials have stopped using their smartphones to make mobile payments due to security concerns. Money must be on their minds. Mobile payments are used by 52 … [Read more...] about Survey Surprise: Security an Important Issue for Banking Millennials
FinTech Articles of the Week 10/16/16
FINTECH ARTICLES OF THE WEEK 10/16/16 Future of FinTech report This week, the Financial Times announced its creation of the Future of FinTech awards, which will highlight the companies and projects aiming to bring long-lasting change to the financial services industry and has also dedicated a section of coverage to the emerging sector. FinTech is not a niche anymore, it’s a … [Read more...] about FinTech Articles of the Week 10/16/16
U.S. Faster Payments Update, Canadian Blockchain Experiment
Last week, I attended the 2016 edition of the Federal Reserve Bank of Chicago's Payments Symposium. As I listened to the presentations, it became clear to me once again how important internetworked technologies are to the future of the financial system in terms of individual empowerment and corporate control. Payment systems based on digital tokens rather than computer … [Read more...] about U.S. Faster Payments Update, Canadian Blockchain Experiment