Articles by: Diana Asatryan

Banking Apps Synced With Your Car, Next Up

Banking Apps Synced With Your Car, Next Up

by February 17, 2017 at 12:31 pm 0 comments

It has been a busy few months for IoT and in-car payments. IBM and Visa sealed a partnership to connect 20 billion devices by 2022, while Jaguar and Shell showcased fuel payments tech in the U.K.. Honda and (again) Visa had their take on in-car payments at CES 2017 lastRead More

VC Fintech Funding Shrinks in 2016, Especially for Early-Stage

VC Fintech Funding Shrinks in 2016, Especially for Early-Stage

by February 16, 2017 at 5:25 pm 0 comments

Venture capitalists were not buying it last year. Venture capital-backed fintech companies in the U.S. saw a drop in both deals and funding volume last year. Fintechs raised $5.5 billion across 422 deals, compared to $7.7 billion (and 459 deals) in 2015 – a 29% drop, according to the Global FintechRead More

PeerStreet to Expand to Adjacent Markets As User Base Increases

PeerStreet to Expand to Adjacent Markets As User Base Increases

by February 16, 2017 at 11:30 am 0 comments

It seems like all the players in the marketplace lending space felt the cloud of uncertainty that surrounded the industry last year. Except for PeerStreet. The platform brings real estate to the marketplace lending space, opening up a previously inaccessible asset class to investors. Launched in November 2015, PeerStreet has beenRead More

A Guide to Genuine Innovation When Everyone Is ‘Innovating’

A Guide to Genuine Innovation When Everyone Is ‘Innovating’

by February 15, 2017 at 12:32 pm 0 comments

This bank created an innovation lab, and that bank is launching a fintech team. But this other bank just started a blockchain focus group, and everyone else is investing in tech. Gone are the days when banks could afford to be “conservative” with new product launches and tech projects, whichRead More

12 Coolest Brands in Banking 2017

12 Coolest Brands in Banking 2017

by February 14, 2017 at 1:41 pm 0 comments

What Amazon did with “Just Walk Out” stores was cool. Snap’s Spectacles – also interesting. Some may argue  that Pokemon Go had a good run too. Those innovations may seem cool to the wider public, but we – the fintech-obsessed – dig deeper to uncover the underlying coolness within mainstreamRead More

Stash To Launch New Financial Products This Year

Stash To Launch New Financial Products This Year

by February 13, 2017 at 12:01 pm 1 comment

The strategy for the investment app Stash is simple: onboard customers, teach them the basics, encourage them to invest. Once that’s covered, introduce them to more complicated financial products and big-ticket investing. Which is exactly what Stash is going to do at the end of this year. “Getting people toRead More

Looking at New Tech? Don’t Forget the Cost Analysis, Ally CIO Says

Looking at New Tech? Don’t Forget the Cost Analysis, Ally CIO Says

by February 10, 2017 at 12:20 pm 1 comment

Banks have been fairly active in tapping into new technologies recently, either through partnerships or with internal innovation groups. But with the rapid acceleration of the fintech space, how should banks decide if a new space or tech is worth pursuing? An old-school cost analysis will do, according to MichaelRead More

Float Offers Credit Cards ‘Without the Plastic,’ Raises $3M

Float Offers Credit Cards ‘Without the Plastic,’ Raises $3M

by February 9, 2017 at 12:26 pm 1 comment

It’s not news that millennials hate credit cards. Which is one of the reasons a lot of them end up as “thin file,” with through-the-roof overdraft fees. Float – a Los Angeles-based startup, launched today – is set to change that. Through a non-Fico based underwriting system, the platform offers customersRead More

BMO’s Innovation Pipeline Includes Smart Branches, Roboadvisory, and Blockchain

BMO’s Innovation Pipeline Includes Smart Branches, Roboadvisory, and Blockchain

by February 8, 2017 at 3:03 pm 1 comment

BMO Bank has been “heavily” investing in its technology architecture for the past five years. The bank reached a “major milestone” at the end of 2016, according to David Gordon, the bank’s U.S. chief technology and operations officer. “That’s in terms of all the tech capabilities we have built, which willRead More

7 Startups From Finovate Europe That Got Our Attention

7 Startups From Finovate Europe That Got Our Attention

by February 7, 2017 at 12:52 pm 1 comment

Forty fintechs, big and small, demoed at Finovate Europe’s opening day of demos in London this year. From wealth management to chatbots and online ID providers — there are a lot of companies to choose from. Here’s our take on who stood out from the bunch. (The full list ofRead More