As this week was National Pollinator Week, we urge you to be kind to any bees that cross your path, and please take note of the latest financial innovation buzz: Banks vs. New York’s subway system; A Fed governor awakens to the new tech reality; Facebook’s AI went rogue; Ethereum’s flash crash; Local currencies sprout; Strategic investments in insurtech and biometrics are booming; Comings and Goings: Mercari, ITG and CleanCapital add talent; Company of Note: Extraordinary Re
Ahead of the summer lull, it was a jam-packed sprint of a week for financial innovation movers, shakers and bellyachers. Here’s our take on all of it: Goldman self-disrupts, but will others follow? Should Venmo be scared of Zelle? The future of ICOs; Far flung use cases for Big Data in insurance; Financial reform will happen; Comings and Goings: Uber, SoFi, Dash and DefenseStorm; Company of Note: Global Debt Registry
With a nod to George Orwell in our 84th edition, we’re making a special effort this week to help you avoid doublethink and to abet you in the thoughtcrime of independent thinking. So pour yourself some Victory Gin and see below: Is a blockchain-less future ready to take flight? Physical financial services are here to stay; Huge fintech financings; AI’s impact on inflation; UK’s bright fintech future
For those interested in financial innovation, the pace of activity is increasing as quickly as the thermometer. Here’s the heat for the week: Has incumbent “kindness” suppressed the fintech revolution? Hoffman and Andreessen ignore fintech, sort of; Entrepreneurship lessons from a Philly nun; ICOs are raging; Steve Cohen’s reinvention; M&A lessons in Pixar’s slide; Company of Note: Likefolio
Welcome to our 82nd edition. Everything from music to tulips caught our attention during this rainy week leading up to Memorial Day. Here’s our weekly catch: The strategic importance of APIs; Banking vs. heart surgery, the payments power of Facebook; Ford’s AllianceBernstein path, blockchain doom, cryptotulips, insurtech; Company of Note/Comings and Goings: Domino Data Lab
The rock group, The Beatles, is shown in 1967. From left, are: Ringo Starr, John Lennon, Paul McCartney; and George Harrison.(AP Photo/ho)
Big Tech is the real threat to incumbents; The seeds of an alt coin meltdown can be found in one place; Nicky Minaj’s economics chops; a troika of notable fintech financings; The CFTC’s new lab; investment gamification; Comings and Goings: Duperreault and Fanlo take new roles; Company of Note: VestWell
Welcome to our 80th Weekly Briefing. More importantly, we wish all the mothers out there a Happy Mother’s Day. Without you, there would be no financial innovation. Here’s what caught our eye this week:
Last week, we messed-up The FR’s release time. Our apologies. Here’s our new edition, delivered freshly to you at the regularly scheduled time. Alliance Bernstein: New era or same old, same old? The rise of neo Glass-Steagallism, A real estate start-up gets backing from stalwarts, the future of voice trading, Banks get Agile, Apple should buy PayPal, Company of Note: Ladder
This week was officially deemed “fintech week” in New York. However, we think every week in New York should be financial innovation week. Here’s what’s caught our attention: Robinhood is no myth, Enterprise fintech on fire in the Big Apple, New issue mania is back, White papers from Morgan Stanley, Oliver Wyman and Accenture, OCC’s fintech charter isn’t a done deal, Company of Note: eSignatureGuarantee (Bringing unsexy back).
We’re on an extended Spring Break this week, but as promised, we didn’t want to leave you high and dry. If you are on Spring Break or could just use a break from our article heavy format, we invite you to listen to the selection of podcasts that we’ve been gathering. Next week, we’ll be back in the saddle with a regular edition.