Payments

Demographic Diversity & the Persistence of Traditional Payments Among Digital Natives

They may be the most closely tracked generation in human history. But it’s remarkable how much we’ve gotten wrong about Millennials. Marketing strategies devised for Millennials by older generations have been based on bad intuition, poorly curated data, and unquestioned, incomplete assumptions. That leads to bad guesses. When you’re designing...

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InsurTech

How InsurTech Empowers Incumbents’ Market Leadership

Some professionals argue that the only path to sustainable growth is to work with incumbents in the industry. Indeed, startup-institution relationships (whether its Carrier-InsurTech, or Bank-FinTech cases) have evolved from competition to a beautiful friendship, bringing out the best and accelerating innovation adoption. On the other hand, while the benefits...

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Payments

What Is the Future of Revel With New Owner and CEO?

After many months of speculation about a potential acquisition by IBM or private equity firms, point-of-sale payments company Revel Systems announced that WCAS (Welsh, Carson, Anderson and Stowe) has led a large growth round in the company that will make it the company’s majority shareholder. The company’s Co-founder Lisa Falzone...

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Fintech

31 FinTech Companies Transforming Institutional Investments and Trading

Institutional investors control a significant amount of financial assets around the world despite attempts from automated investments apps to open up the market to casual, consumer-investors. The rapid adoption of innovative technology by the startup ecosystem allowed an extensive expansion for online investment platforms, automated investment tools, robo-advisors, and various...

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Innovation

Citi Announces the Citi Tech for Integrity Challenge

NEW YORK, February 2017 - Citi today announced the Citi Tech for Integrity Challenge (T4I), a landmark effort to encourage technology innovators from around the world to create cutting-edge solutions to promote integrity, accountability and transparency in the public sector and beyond. The initiative, led by Citi in collaboration with...

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Blockchain

Blockchain Technology: From Hype to Reality – A Survey Report by LTP in Partnership With Infosys Finacle

Blockchain technology and the innumerable buzzwords associated with it have been extensively circulated within the financial technology circles globally for well over past two years. The technology, which started gaining traction since late 2014 saw a peak in investments through 2016 with some even predicting the number to reach the...

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WealthTech

Moven Announces UK Launch During FinovateEurope 2017

Finance help app, which is aimed at millennials and anyone else who wants to better monitor their spending, takes just four weeks to launch its UK app London, UK, February 2017 – Starting in global financial hub London, self-monitoring finance app Moven is announcing its UK launch at this year’s...

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BankTech

Thomson Reuters to Acquire Avox and Clarient

Thomson Reuters has signed agreements to acquire Avox Limited and Clarient Global LLC. The businesses run by Avox and Clarient will be integrated into Thomson Reuters’ portfolio of risk management, compliance and reference data offerings after the closing of the deal, which is expected to take place by the end...

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RegTech

Welcome to RegTech: The Age of Disrupting the Status Quo Is Here

On Tuesday, January 31, at a crowded event near Canary Wharf, a select group of RegTech innovators, accelerators and venture capitalists came together to discuss this emerging market. Attendees heard four expert speakers explore the challenges and opportunities. But first, some background. Financial market participants had to acknowledge some hard...

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