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.
COMMENTS [ 0 ]“If no one seems to understand, start your own revolution and cut out the middleman.”
“I’m not even sure what I want, but that’s not the point – it’s that I want it now.”
“Whenever the old gives way to the new, everybody with vested interests in the old starts crying that the world will stop. There aren’t many people with vested interests in the new.”
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.”
“All you need in this life is ignorance and confidence, and then success is sure.”
Tomorrow at noon EDT, Greg Becker, CEO of @SVB_Financial, sits down for a virtual chat with @danprimack during #BostonFinTechWeek2021. I'd like to hear about plans for @BostonPrivate. Register here (free): https://bit.ly/3zJdR2B
A reminder that applications are open for the 2022 edition of @FinTechLabLDN: https://j.mp/3CQ3fRA #fintech
Looking forward to the #financialinclusion discussion at #BostonFinTechWeek2021 with Castleigh Johnson, @hm_arnold, Sharla Godbehere & Christina Keitt Chaney. Moderated by @moorehn. Wednesday, 3:45 EDT. Free and virtual. Sign up here: https://bit.ly/3zJdR2B
Relationship Managers at BofA branches hand out business cards with phone numbers that do not allow you to reach anyone or leave a message. Who approved this idea? Perhaps the announced change among top executives will result in greater customer focus.
.@gilliantett lets the lesser Cyrus Vance off easy in Lunch with the @FT: https://j.mp/3kFNDtD (paywall)
