Boss Insights has been addressing the need for faster, digitized lending platforms since long before the coronavirus outbreak. CEO and co-founder Keren Moynihan shares how collaboration — with the media, accelerators, and Oracle — has helped her company tailor its offering specifically to Paycheck Protection Program applications.
Read MoreAre banks the tortoise in this financial-crisis-to-coronavirus-era race?
Read MoreIPC provides technologies and services that are enabling traders to work from a PC in a backup center or from home during the COVID-19 crisis. CEO Bob Santella shares how the rapid transition has transpired.
Read MoreThe sluggish pace of the Fed’s FedNow system has created a surge of interest in The Clearing House's Real Time Payments platform, says Steve Ledford.
Read MoreMany challenger banks — the small, newly created companies that want to compete with the “big guy” legacy institutions — have taken similar approaches when launching their services. The problem is what they’re offering isn’t enough for their companies to take root among consumers.
Read MoreThe Fed moves at a glacial pace on real-time payments.
Read MoreThere is a savings crisis in America; half the population has less than $500 in a savings account, and 80 percent of Americans report that they live paycheck to paycheck. Some fintechs have responded to this and successfully lured some deposits away from traditional banks by offering high-yield savings accounts in an attempt to win new business.
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.
