Central Banks Ramp Up Digital Payments Initiatives
/For the past several years, as cryptocurrencies have become more popular, central banks have started exploring the idea of issuing their own digital currencies.
Read MoreFor the past several years, as cryptocurrencies have become more popular, central banks have started exploring the idea of issuing their own digital currencies.
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 MoreThe Federal Reserve’s announcement Monday that it will build a real-time payment (RTP) system, FedNow, elicited applause and complaints.
Read MoreBlockchain technology has been touted to modernize several different sectors over the past few years, such as payments, trading, and many others. Now a consortium led by IBM is hoping to unleash blockchain’s power to revolutionize supply chain management.
Read MoreIn the past year, the likes of Visa, Mastercard, Amerian Express, and Discover have invested hundreds of millions of dollars in acquiring start-ups and fintechs in the real-time payments, money movement, and data spaces.
Read MoreDespite persistent talk of a fintech bubble, interest in fintech (and more importantly, investment in fintech) shows no sign of slowing down anytime soon.
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 MoreAt this point, is anyone even shocked when another massive data breach gets reported in the news?
Read MoreSmaller enterprises typically do not have the budgets that large organizations do, and thus have to come up with unique ways to compete in the marketplace. In this vein, the Department of Labor released what we think is a very smart rule this week.
Read MoreFinancial services companies have now spent the better part of a decade desperately trying to figure out what millennials want and how to give it to them. What’s the lesson?
Read MoreThe Fed moves at a glacial pace on real-time payments.
Read MoreWhat’s a fintech without payments?
Read MoreFinancial service firms have expressed greater interest in digital innovation, but can they make the shift?
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 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.