Finovate Fall 2013 wrapped up a whirlwind two days of FinTech innovation in New York on September 10 and 11. Eight of the 69 presenting companies were voted Best of Show by those in attendance. Five of those eight winners had direct or indirect applicability for the investing/financial planning/wealth management space (LearnVest, MoneyDesktop, Motif, TipRanks and Yodlee). Rising Above a […]
Bank Innovation
Bankers of the World, Unite! (and Innovate!)
Innovating in banks is hard. It’s even harder doing it alone. FinTech entrepreneurs have incubators, accelerators, VCs and hackathons to support and encourage innovation, but banks are on their own. Until now. Today I am excited to introduce the launch of the Bank Innovators Council, along with my co-founder, former BBVA Compass executive and fellow […]
Too Small to Fail: The Partnership Driven Nature of FinTech Startups
Too small to fail: The partnership-driven nature of fintech startups (via Pando Daily) By Houston Frost On May 22, 2013In the last quarter-century or so that has made up the digital revolution, one universal axiom has held true: evolve or die. Record labels were too busy suing pirates in the 1990s to adapt their business […]
What About the Overbanked?
I spent a great couple of days in San Francisco this week hearing from 72 FinTech companies at Finovate, stay tuned for my unique recap and thoughts from the largest Finovate ever. As usual, there were several companies focused on improving access and service to the so-called underbanked– those who are priced out of traditional […]
Using FinTech to Make Financial Advisors Better
Wealth management firms are increasingly turning to financial technology (FinTech) to enhance the client/advisor relationship, not just deliver self-service tools. It’s about time. That very subject is a prominent theme on this blog, and it comprises a lot of the work I do for financial services and FinTech firms. Ernst & Young’s recent report Enhancing the […]
Bank Innovation Panel: New Product Strategies
On Monday March 18 I will be moderating a panel on New Product Strategies & Possibilities at the Bank Innovation 2013 conference in San Francisco. The panel will discuss best practices to promote innovation in product management from a variety of perspectives from within and without the banking industry. That’s a topic I have been spending quite […]
Preview: Bank Innovation 2013
I am looking forward to the Bank Innovation 2013 conference March 18-19 in San Francisco. I will see more than a few old friends and hopefully make some new ones as some of the best and brightest minds in the industry Explore the Future of Customer Experience in banking. On Monday afternoon I will moderate […]
Reimagining Bank Product Design in the Experience Economy
When B. Joseph Pine II and James Gilmore wrote a book called “The Experience Economy,” they built on the work of Alvin Toffler (“Future Shock”) and others on the value of creating experiences. They cited Disney, Starbucks, Nordstrom and other leading brands as examples. Pine and Gilmore argue– and I agree– that our economy has […]