Payments

Don’t Ask Dumb Questions, Alexa

Contextual experiences for secure-enabled ecosystems don’t quite roll off the tongue. When I first came up with this expression, which in typical engineering fashion was distilled down to an acronym – CESEE – by my technology team, it was almost immediately changed to Lifestyle by my marketing team. Regardless of...

Read More · 3 minutes

BankTech

The Unbreakable Black Box

Legacy technology is often debated. Recently, we’ve seen many high-profile privacy intrusions (Cambridge Analytica with Facebook) and system malfunctions (mass flight cancellations in Europe in March 2018), yet we are amassing even more data into increasingly large black boxes (how much data did Equifax have again?). Decentralized and distributed systems...

Read More · 5 minutes

BankTech

The Second Wave of FinTech

Hosted in mid-2017 by Canaan, the West Coast edition of FinTech Central(FTC) brought together leaders from some of the most successful and largest financial technology companies and dedicated investors to discuss the current state of infrastructure in FinTech and the future of the industry, touching upon personalization, the adoption of...

Read More · Less than 1 minute

InsurTech

The Resurgence of the Insurance Industry, Powered by InsurTech Innovation

Carrier-InsurTech relationships went through stages very similar to the bank-FinTech narrative. In an industry-defining statement, Andrew Rear, Chief Executive at Munich Re’s Digital Partners, shared a few years ago, “InsurTech is here to stay, and it will bring fundamental change to the insurance industry.” “InsurTechs have emerged to offer simpler...

Read More · 6 minutes

Payments

Daily Review: PayPal Moves to Bank the Unbanked

With an increased competition in its core competence industry, PayPal, as any other ‘big FinTech’ representative, has to find ways to reinvent itself. Throughout its history, the company has made over a dozen on acquisitions to deepen its roots in businesses’ and individuals’ lives, improve its talent pool, and increase...

Read More · 3 minutes

Enabling Technologies

Automation & Financial Services

Last November, NYU Stern hosted “The Transformative Potential and Regulatory Challenges of FinTech” conference. An extensive forum brought together researchers, industry executives, alumni, and students to debate & discuss the future of FinTech, the latest research in this dynamic field, and how technology is reshaping the finance industry. Explaining the...

Read More · 1 minute

Cybersecurity

Network Security for Financial Organizations

IT departments within financial institutions face two major network security-related challenges while working to serve their customers: Regulatory compliance, and The constant demand to improve their services in order to successfully compete in the market. Meeting the first of these challenges has become increasingly complex in recent years, as the...

Read More · 4 minutes