“Break up big tech!” has been the cry in recent times, as privacy and data-use concerns — among others — have caused both the public at large and politicians to cast a skeptical eye toward the major tech firms. (Bankers are surely relieved at this current reprieve from being Public Enemy Number 1.)
Read MoreThe subscription model of consumerism has proven to be very popular, as demonstrated by the rise to power of services like Netflix, Hulu, and many others. Now Nike is banking on a similar model to keep kids buying their sneakers, or at least those kids’ parents.
Read MoreSwitzerland has been at the forefront of many great innovations in the world: the Swiss invented velcro, aluminum foil and absinthe, among other things.
Read MoreBiometrics technology has been making an increasing impact in banking over the last several years. Now, some are looking to the technology as a way to solve one of the most annoying customer pain points in any industry: getting through airport security.
Read MoreIf 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.
Read MoreForming 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 MoreWe 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 MoreIt’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 MoreIt’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 MoreWe’ve all heard of the myriad ways that our addiction to smartphones can have negative effects. Well, here’s another.
Read MoreIn tech, even the biggest companies can get left in the wake of fast-moving innovation.
Read MoreCan 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 MoreWhile 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 MoreBest 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 MoreIt 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 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.
