Tackling Financial Service Industry Challenges at Full Speed

Tackling Financial Service Industry Challenges at Full Speed

Start-ups in the MassChallenge Fintech 2020 cohort have been a-movin’. Progress made in just three months includes pilot projects, proofs of concepts, and revenue acceleration.

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Citizens Bank Taps Employees and Fintechs in Its Drive for Innovation

Citizens Bank Taps Employees and Fintechs in Its Drive for Innovation

From an internal competition for innovative solutions to being a founding member of MassChallenge Fintech, Citizens Bank is looking to embrace change. Lamont Young, Executive Vice President and Head of Digital and Experience Design, shares how the bank looks for ways to improve the customer experience, reduce costs, and make paper processes digital.

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Eastern Bank Shows It’s Not a Newbie in Fintech Innovation

Eastern Bank Shows It’s Not a Newbie in Fintech Innovation

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.

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Using Fintech to Empower People to Choose How to Live as They Age

Using Fintech to Empower People to Choose How to Live as They Age

AARP is concerned about the financial well-being of people as they age, but that goes beyond Social Security and Medicare to include fintech and healthtech. Senior Vice President of Innovation and Product Development Andy Miller shares how AARP partners with start-ups and also develops products internally.

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MassChallenge FinTech Announces 2020 Cohort of Top Start-Ups

MassChallenge FinTech Announces 2020 Cohort of Top Start-Ups

The 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.

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David and Goliath Walk Into a Bar . . .

David and Goliath Walk Into a Bar . . .

A 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.

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