Orum is creating financial infrastructure allowing for real-time money movement in the U.S. In its own words, “Orum’s API-based products will give enterprise customers unique funds-availability modeling, empowering them with the information required to shift to real-time payments, and enable access … READ MORE
COMMENTS [ 0 ]According to the Financial Times, “Some of the world’s biggest banks have spent billions of dollars settling corruption allegations with justice authorities in recent years. HSBC paid nearly $2bn and BNP Paribas nearly $9bn to the US authorities over accusations … READ MORE
COMMENTS [ 0 ]Lloyd’s of London is a 330-year-old insurance market where brokers may still queue up to meet with underwriters face-to-face, where much work is still done on paper, and where, by its own admission, “modernisation and use of technology and data … READ MORE
COMMENTS [ 0 ]I talk to a lot of startups and most have little idea about how journalism works (or worse, as in the case of HQ Trivia, they have terrible ideas). But positive coverage in a respected publication offers visibility and credibility … READ MORE
COMMENTS [ 0 ]Verification of customers and counterparties is vital in financial services. Identity defines and permits the relationship between financial services providers and their clients. But, according to the World Economic Forum: “Current identity systems are limiting Fintech innovation as well as … READ MORE
COMMENTS [ 0 ]Founded in 2014, Prattle produces tradable signals by analyzing global central bank communications using a domain-specific linguistic algorithm in real time. Communications can include press releases, meeting minutes, speeches, papers, and more. Built to treat central bank content and communications … READ MORE
COMMENTS [ 0 ]The use of an umbrella to represent coverage and protection has a long history among companies in the insurance industry. Brolly was the latest, until Travelers bullied them into changing their logo. Co-founded in 2016 by Phoebe Hugh, Brolly is … READ MORE
COMMENTS [ 0 ]Every week seems to bring the announcement of another accelerator for financial technology startups. But I was particularly interested to read that French software company Dassault Systemes will sponsor a FinTech accelerator in London later this year. Called the 3D FinTech … READ MORE
COMMENTS [ 0 ]Springfield, MA-based Massachusetts Mutual Life Insurance Company is launching a venture capital firm to invest in startups that will help the company improve its life insurance, disability, annuity, long-term care, retirement plans, and investment businesses. MassMutual Ventures LLC will receive … READ MORE
COMMENTS [ 0 ]In lieu of a post this morning, I offer you a link to my thoughts on what is needed to move the Boston FinTech community forward, as published in the Boston Business Journal.
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