Thoughtful perspectives from members of the The Financial Revolutionist’s growing community.
2016 was a bad year for most prognosticators. As such, we’re bringing a humble attitude to the table for our nine predictions for 2017. After all, we could be right on the call, and wrong on it materializing within the next 365 days. Conversely, we could be wrong on our underlying assumption, but predict correctly thanks to a so-called ‘slop shot’ (i.e., a lucky shot in pool). So, with that in mind, let’s play nine-ball.
Read MoreArtificial Intelligence is no longer something to be associated with the future. It is very much in the here and now, and is being employed by corporations and governments throughout the world to make decisions that impact many aspects of our lives. Mainstream attention has exploded in recent years on the back of a rise in ...
Read MoreIn his recent testimony before the Senate Banking committee, Wells Fargo CEO John Stumpf accepted accountability for the phony account scandal that overtook the bank under his watch. He also made it perfectly clear that encouraging employees to cross-sell products and services to existing customers will remain core to the bank’s strategy. As Stumpf said ...
Read MoreUnless you’ve been on a strict media fast of late, there’s no way you could avoid seeing the blizzard of commentary about the Pokémon Go craze taking over much of the world. Augmented reality and its promise to change customer engagement through gamification can be seen in this offering from Niantic Labs, which has millions of people running around their communities seeking to...
Read More“Hey, let’s take a tour of the Manhattan Bridge,” said no one ever. However ancient and unreliable, the Brooklyn Bridge remains the iconic New York river crossing that can do no wrong. Its image, clichéd as it may be, appears on our firm’s website and on millions of postcards, t-shirts and biceps, representing New York’s past and present in all its gritty beauty. No such love or even awareness exists for the Manhattan Bridge, the Brooklyn Bridge’s northern neighbor by just 1,800 feet.
Read MoreGiven fintech’s surge in 2015, prognostications for next year have gotten pretty bold. We decided to take a different, more muted approach by offering predictions on things we do not expect to see next year. Here is our list...
Read MoreIf you are over the age of 40 and/or a Billy Joel fan, you will probably be familiar with the song, Allentown. The song laments the worsening fortunes of workers in Allentown, Pennsylvania after the town’s main employer, Bethlehem Steel, hit upon hard times. This formerly iconic...
Read MoreRecently, we have observed that many Fintech start-ups are talking a big game about world domination. These entrepreneurial buccaneers, and the venture capitalists backing their soaring valuations, seem supremely confident that they can storm Wall Street and grab all the...
Read MoreMayor de Blasio and Uber may have reached a truce, but the battle between the sharing economy complex and the groups threatened by it will continue. City councils, presidential candidates, corporations and labor unions will continue to paint the so-called “gig economy”...
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.
