Banking
OBSERVATIONS FROM THE FINTECH SNARK TANK Prediction: By the end of this decade, bank-fintech partnerships will be a thing of the past. This prediction flies in the face of recent industry trends. Fintech partnerships have been an important objective for banks for the past few years. Cornerstone Advisors’ 2023 What’s…
Aflac CEO Dan Amos Reveals His Strategy To Lead In A More Polarized And Personalized World. By Diane Brady, Forbes Staff To understand Dan Amos’ approach to leadership, consider the first role he took at Aflac after graduating from the University of Georgia in 1973. As son of cofounder Paul…
For many, the holiday season marks a time for giving thanks. Stock investors in particular may be very thankful this year. The S&P 500 has risen double digits. Inflation has slowed. The Cboe Volatility Index, also known as Wall Street’s “fear gauge” remains low, implying confidence in markets. However, interest…
I spend a lot of time in meetings talking about how companies can get the most out of artificial intelligence. These conversations almost always include a deep-dive into technology features and requirements, as well as long digressions into the intricacies of data management. Although tech and data are critical to…
In the last three years, the banking and fintech sectors have undergone significant, foundational changes, profoundly impacting U.S. small businesses. Much of the talk around fintech and bank partnerships highlights the Banking-as-a-Service model, however, there is enormous opportunity for banks and fintechs to work together to optimize a bank’s existing…
The King is dead, long live the king. On Tuesday, November 21, Binance, what was the world’s largest cryptocurrency exchange, and the CEO, Changpeng Zhao (CZ), both pled guilty to having engaged in criminal activity. With the U.S. government finally prosecuting the largest crypto-criminals, perhaps now cryptocurrencies can emerge from…
ChatGPT and generative AI have exploded in popularity. You can use ChatGPT to recommend movies, offer travel plans, and even write songs in the style of Dolly Parton or Taylor Swift. But should you use ChatGPT to help with your investing decisions? ChatGPT has an extensive knowledge of niche finance…
Here’s a ray of sunshine amidst so much economic gloom. On Sunday, Javier Milei was elected president of Argentina on a stunning free market platform, by the biggest margin since the country returned to democracy in 1983. His most electrifying plank was replacing the peso with the U.S. dollar. That’s…
To attract and retain customers, banks are expected to offer more than just good rates. They’re also expected to meet their customers’ needs whenever and wherever they are—by offering convenience, advanced digital tools and top-notch customer service. Suffice it to say, some banks are doing this better than others. To…
OBSERVATIONS FROM THE FINTECH SNARK TANK Intuit announced that it is “reimagining Mint as part of Intuit Credit Karma,” explaining that the company will “ensure a smooth transition for Minters who decide to onboard to Credit Karma.” The company’s press release—titled ”Intuit Credit Karma welcomes all Minters!” went on to…