Why can’t banks innovate like start-ups? It’s a question that’s been asked a thousand times and has many answers. It’s certainly true that financial firms face a more stringent regulatory environment than most other industries. And they tend to have a more conservative nature than other businesses that tend to take fewer risks.
Read MoreWe liked this so-called “Anthemis takeover” of the 11:FS podcast (by Anthemis personnel including Ruth Foxe Blader, Matthew Jones, and Sophie Winwood) to discuss how the well regarded London-based VC looks at insurtech investments. The overarching point: Insurance companies are “special animals.”
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.
