4. Consolidation, and Winners Emerging Brew Johnson and Brett Crosby, Cofounders, PeerStreet Brew: “I think the biggest trends will be consolidation in the marketplace lending and crowdfunding space, and increased partnerships/collaboration between banks and fintech companies.” Brett: “I’d add that we’ll see a widening spread between the healthy businesses andRead More
Post Tagged with: "machine learning"
Fintech funding seems to have picked up steam this week, with home-selling platforms, online insurance carriers, personal finance apps, and e-commerce companies all getting a healthy boost of capital. This brings us to our top five fintech funding rounds of the week: Lemonade It’s the venture funding round we’ve allRead More
5. Artificial Intelligence and Machine Learning From risk assessment, to smart product sales and chatbots: artificial intelligence and machine learning already are (or should be) at the core of any bank’s innovation roadmap. Startups across the board have demonstrated what AI can do for FIs of the future: Just checkRead More
Context is king in financial services today. The rich data delivered around transactions, particularly from mobile devices, is fueling the growth of a new breed of personal financial management. On Tuesday, data aggregation and analytics platform Yodlee, an Envestnet company, made a further advancement in delivering contextual information to customers while protectingRead More
Bank Innovation INV, this blog’s fintech accelerator, is pleased today to announce the six extraordinary startups that have been admitted to its inaugural class. The companies selected from applications received from startups around the world are: CrossCues Dyme GoldBean Hermetic Security Spare We Are Briqs The companies, chosen after a comprehensiveRead More