The Chinese (Business) Century
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If the Fortune 500 list is any indication, uproar about the coming influence of China is no longer imminent, but solidly here, at least in business.
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Fintech News Stories
The Secret Demons of Start-Ups
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Forming a successful startup, from inception to media-saturated IPO, seems like it would put any entrepreneur on top of the world. But for many, it only brings stress and depression. That’s the takeaway of an interesting WSJ piece that looks at the dark side of start-up life.
Read MoreSatellite of Love
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We don’t know about you, but we think “Satellite of Love” is undoubtedly one of the highlights of Lou Reed’s post-Velvet Underground solo career. While there’s long been some debate about the meaning of the song, it’s probably clear Reed wasn’t referring to Amazon’s ambitious plan to cover all the globe with internet access via a series of satellites.
Read MoreDo Lending Algorithms Discriminate?
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It’s a phenomenon receiving growing attention as more people use online lenders: ostensibly digital algorithms should rely solely on numbers when deciding who to approve for loans, whereas human lenders could be subject to bias, both conscious and unconscious.
Read MoreInvestors Still Love Big Tech
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It’s an understatement to say it hasn’t been the best couple of years for big tech companies. But that, so far, hasn’t affected them in the stock market.
Read MoreThe (Bodily) Transformative Power of Tech
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We’ve all heard of the myriad ways that our addiction to smartphones can have negative effects. Well, here’s another.
Read MoreHow the Mobile Wars Were Won
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In tech, even the biggest companies can get left in the wake of fast-moving innovation.
Read MoreCrypto’s Facebook Bump
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Can a rising tide (from Facebook) lift all boats in the crypto world? That’s what some would think, as Bitcoin hitting the $9,000 mark this week for the first time in a year coincided with news that Facebook will launch its new digital currency called Libra.
Read MoreYe Olde (Fintech) Alma Mater
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While some fresh young minds head off to college to learn about Wordsworth, Lord Byron or Kierkegaard, a few others may be studying the words of Vlad Tenev or Kathryn Petralia instead. That’s because a small – yet growing – number of universities have begun to offer degrees in fintech.
Read MoreGoogle’s Government Woes
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Best wishes for a weekend of fun, relaxing – and maybe YouTube? Google was in the hot seat this week, following last weekend’s outage of various services. Cringey timing for Alphabet, which faces increasing DOJ scrutiny and few political allies.
Read MoreHow Secure Are Financial Apps?
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It seems as if there’s news of a cybersecurity breach or some kind of hack every week. Most recently, Redtail Technology suffered a breach that exposed personal client information of advisors who use the firm’s customer relationship management software.
Read MoreB2B Tech Is Hot
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Wall Street is starting to realize what we have said all along: that while “hot” consumer-focused technology gets all the buzz, enterprise tech that serves businesses is where it’s at. That’s the software that truly powers the world and is indispensable to the modern globalized economy.
Read MoreHealthtech Benefits from Big Tech Scandals
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The last couple of years have seen once-beloved big tech companies like Facebook and Google face negative press and a few black eyes due to various scandals involving data security, sexual harassment, and other issues. One of the beneficiaries of this fallout is the healthtech sector, which is now finding it easier to recruit talent away from these companies, where before they struggled.
Read MoreThe Rideshare Arms Race
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While the narrative that millennials and Gen Z will bring about the end of personal car ownership is a bit overwrought (and perhaps not entirely accurate), these are still heady days for companies that want to provide rides for people. Uber’s upcoming IPO is perhaps the most anticipated in years, even if its valuation may seem a bit high to some.
Read MoreWhy Can’t Banks Sell Things Digitally?
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Virtually anything today can be purchased with the tap of a digital button on a smartphone. Groceries, pet food, toilet paper, stocks, cars and even therapy sessions are among the myriad items you can buy at the click of an app. Yet, how many financial institutions allow a consumer to apply for and receive, say, a small business loan entirely through digital means? The answer is very few.
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