What’s the best thing about startup demo days? You get to peek behind the curtains, before they scale (or fail). Five startups, in five minutes each, took the stage at the Empire Startups Fintech December Demo Day yesterday with their latest and greatest. Bank Innovation has the lineup, in case youRead More
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Starbucks is about to get even more digital. The coffee giant announced a major executive shift yesterday: longtime CEO Howard Schultz has stepped down, and will turn his focus to “innovation, design and development of Starbucks Reserve Roasteries,” the company’s new upscale brand, as an executive chairman, the company saidRead More
Currently more than 2 billion adults worldwide — mostly poor and disproportionately women — lack access to formal financial services. A…
Your next wallet may be your hand. Unless you’ve been on a Buzzfeed-less streak in the past few days, you’ve probably heard of a Buzzfeed news reporter’s mission to spend a month without a wallet — a journey that led him to implant an NFC-enabled chip inside his own hand. Tech reporter Charlie WarzelRead More
Digital advisory — a.k.a. robo advisory — is a trend to “watch closely,” according to Kate Randall Danella, Regions Bank’s newest head of private wealth management. But adoption by the bank is likely years away. It’s a space we are watching closely and having conversations now. We look into howRead More
Five “hot” startups took the stage yesterday at the Empire Startups Fintech Conference in New York – or, as they referred to it, “A Fintech Shark Tank.” Each startup took the stage for a five-minute demonstration, followed by a Q&A with the moderator, founder of Xignite, Stephane Dubois. Here’s the breakdown ofRead More
Sometimes realism and pessimism can be the same thing. The 900 startups featured in Silicon Valley Bank’s seventh annual Startup Outlook report, released today, largely agree they face a challenging fundraising situation in the year ahead. Another major problem? Finding the talent to build products. The president and CEO of Silicon ValleyRead More