While it may be more than 200 years old, Eastern Bank is not a newcomer to innovation. Chair and CEO Bob Rivers and head of Eastern Labs Ashley Nagle Eknaian discuss its innovation labs — the first spun off an award-winning small business lending program, and the second lab combines internal innovation with partnerships in a portfolio approach to new developments.
Read MoreThe start-ups work 1:1 with one or more partners to tackle specific challenges facing the financial services industry, from intelligent payment processing to personalized financial planning.
Read MoreNew York may rank number one in the world as a competitive financial center, but it’s 41st in “green finance.”
Read MoreA few years ago, financial services used the classic metaphor of David and Goliath to illustrate the industry’s growing disruption: fintech, painted as the agile underdog, versus the formidable and experienced incumbent. But over the past five years, the David and Goliath metaphor in reference to fintech innovation has become increasingly inaccurate.
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
