2/28/2017 11:18:14 PM Microsoft, Intel, Accenture, banks form Enterprise Etherium Alliance By Sean Lippel Thirty large companies across tech and finance verticals announced the formation of an organization that will create a standard version...
2/28/2017 10:56:13 PM Empower telling 401(k) clients it won't be a fiduciary when DOL rule kicks in By Sean Lippel Empower, the third largest record keeper by DC assets, is sending notices to its plan sponsors that it does not intend to be plan...
2/28/2017 10:46:28 PM The expansion fueled by SoFi's $500m pickup By Sean Lippel Pymnts.com describes the latest SilverLake round as an opportunistic one, with the SF based online lender likely to pursue Aussie...
2/28/2017 9:57:13 PM JPMorgan software does in seconds what took lawyers 360,000 hours By Sean Lippel The new program, COIN, uses advanced machine learning to do the mind-numbing job of interpreting commercial loan agreements in mere...
2/24/2017 11:20:34 PM Meet the man who sold the world on credit cards By FinTech Collective Matty Simmons helped pioneer the credit card back in 1950 with the Diners Club, whereby members would go to New York restaurants and pay...
2/24/2017 8:27:18 PM Silicon Valley Tried to Upend Banks. Now It Works With Them. By Gareth Jones It's tough trying to build a bank. After 6yrs of trying to "break banks" Brett King's Moven only manage to open 60,000 accounts. He's...
2/24/2017 8:24:57 PM Stock market data pioneer George 'Mr. Quotron' Levine dies at 88 By FinTech Collective George Levine pioneered the electrification of the financial markets with a terminal that brought real-time stock bids to Wall Street in...
2/24/2017 7:58:19 PM Fintech start-ups affected by Cloudflare's #Cloudbleed HTTPS Traffic Leak By Gareth Jones Coinbase, Betterment, Transferwise and Prosper are a few of the names from the 10,000+ firms effected by the bug at the large ISP. The...
2/24/2017 5:00:51 PM Why taxing robots is not a good idea By FinTech Collective In a recent interview Bill Gates has gone on record to express his opinion that robots and incoming artificial intelligence to businesses...
2/24/2017 2:24:41 PM UK challenger bank Monzo raises £19.5M with another £2.5M in crowdfunding planned By Gareth Jones Monzo raised £13M from Thrive Capital, £5 M from Passion Capital, and £1.5M from Orange Digital Ventures, the venture arm of telco Orange.
2/24/2017 4:26:45 AM Nex Group (Icap) Backs Stock Research Distribution Startup By Gareth Jones NEX Group, (formerly Icap), invested in a RSRCHXchange, a London-based startup that runs an online marketplace for research on stocks,...
2/24/2017 4:00:23 AM A Dozen Lessons About Product/Market Fit By Gareth Jones A tremendous read for any entrepreneur from Tren Griffin's blog. As Reid Hoffman notes, “Product/market fit requires you to figure out...
2/24/2017 3:50:04 AM AWS Launches an AI Blog with tutorials, best practices, and tips and tricks By Gareth Jones Amazon's vision is to use the expertise and lessons learned from customers and the thousands of engineers focused on AI at Amazon to put...
2/24/2017 3:43:16 AM Apple announce Apple Pay growth metrics in earnings call By Gareth Jones During Q12017 earnings call, Apple CEO Tim Cook noted that Apple Pay's volume was up over 500% compared to last year. With Apple Pay now...
2/24/2017 3:38:02 AM Smartphone Addicts Behind the Wheel Drive Car Insurance Rates Higher By Gareth Jones Insurance companies think smartphone distraction is driving up accident rates to the point where the connection between the two is...
2/23/2017 10:38:26 PM Quovo’s Bank Authentication API Now Covers 200+ Institutions By FinTech Collective Portfolio company Quovo's bank authorization coverage has expanded tenfold in just a few months since its launch.