23rd_degree

203 Flips | 1 Magazine | 1 Like | 2 Following | 1 Follower | @23rd_degree | Passionate about the future of banking, user interaction, design & technology

Banking Disruption Myths

The on-going digital disruption of banking and financial services will profoundly change a very large, extremely profitable and well-established …

The Uberization of Money

The familiar middlemen of 20th-century banking and investing are giving way to something very different. Are we ready for the opportunities—and the risks?<p>Imagine that you want to buy a home. You might find a real-estate agent to show you around, which is a very 20th-century way of doing things. Or …

20th Century

Are Banks Destined To Become The Next “Dumb Pipes”?

Yee Lee Contributor<p>Yee Lee is a serial entrepreneur and the founder and CEO of Vouch Financial.<p>It seems like there are a lot of folks in the popular media talking about the future of financial services these days. In particular, the growing competition banks face from a new crop of technology …

FinTech Thinks That’s A Cute Little Wall Street Job You’ve Got There

Blockchain! Peer to Peer Lending! Robo-Advisors! Cybersecurity! Symphony Messenger!<p>If you listen to the financial media, the tech media, or …

9 Reasons Why Now Is The Time For Fintech

Next week is Money 20/20 in Vegas, a conference that is fast becoming the Fintech confab. This conference’s remarkable growth (5x in four years) parallels the emergence of Fintech as one of the hottest startup and investment categories. Public and private IPO’s, including Lending Club, OnDeck, …

Why Fintech Is One of the Most Promising Industries of 2015

Long unsung, financial tech companies that lend, process, or even create money have flooded the Inc 500.<p><i>It's been about two decades since a financial company really changed the world. Inc. 500 entrepreneurs are leading a pack of disrupters, raised in the shadow of PayPal, who will change your</i> …

fintech

12 lessons from BBVA and Goldman Sachs: how banks should regard fintech

August 5, 2015 Comments Off on 12 lessons from BBVA and Goldman Sachs: how banks should regard fintech About, Banks, Columns, Influences</i> …

Goldman in Ventureland

“They weren’t coming just to get wasted,” says Mel Cavaricci—aka DJ Mel—recalling the crowd milling in front of his sound table at a party in …

Your Bank Should Be More Like Your Waiter And Less Like Your Landlord

The financial services industry in America is locked into a business model of exploitation. For far too long, this has gone largely unchecked and unquestioned, even when advances in technology mean it doesn’t have to be so.<p>Is It All In Our Heads?<p>Technological advancements in everything from …

This $1.5B Startup Is Making Health Insurance Suck Less

In less than two years, Oscar Health, a New York City-based health insurance company, has already amassed 40,000 members, with its member-friendly …

Why Fintech Banks Will Rule The World

Whilst debating whether new fintech startups would eat the banker's lunch yesterday, I stumbled across a really interesting read by Philippe Gelis, …

The CEO of America's biggest bank is worried about Silicon Valley and Bitcoin stealing his business

The man who runs America's biggest bank can't stop worrying about tech startups.<p>In his annual letter to shareholders this week, JP Morgan CEO Jamie …

The state of consumer fintech

Marc Andreessen in an interview recently said the following about finance: “We can reinvent the entire thing”.<p>How has tech been changing finance? …

The Sharing Economy And The Future Of Finance

<b>Editor’s Note:</b> <i>Christopher O. Hernæs is Vice President of Strategy, Innovation and Analysis of SpareBank 1 Group, Norway’s second largest financialinstitution. He was previously a partner at Core Group, where he worked with strategy development and innovation for Technology, Media, Telecom and</i> …

Banks As Commodity Utilities In A New Payment World

<b>Editor’s Note:</b> <i>Christoffer O. Hernæs is vice president of strategy, innovation and analysis at Sparebank 1 Group, Norway’s second-largest financial institution.</i><p>With the recent launch of Apple Pay and leaked screenshots of Facebook integrating payments with Facebook Messenger fintech companies, there …