Historically, pioneers and early adopters of new technologies have predicted the demise of legacy market leaders. While some old companies crumble in the face of new technology, smart ones adapt and incorporate emerging technology concepts into their business models.
What you are seeing today in the financial sector follows that pattern. Banks, lenders, investment firms, and others recognize that concepts like cyber currency, non-fungible tokens, and remote access present real business opportunities. Those who do not want to avoid long-term office leases.
Fintech presents new challenges to accompany these opportunities. The financial companies of tomorrow have to be flexible but reliable; face new regulatory challenges and are expected to be accessible and inclusive.
This quick study features a collection of InformationWeek articles focused on fintech and the role of technological concepts unprecedented a decade ago. It offers insight into what fintechs are doing with new technologies and how those technologies are preparing businesses for the future.
The state of financial technology
Can regulators and Fintech find the right formula for innovation?
Speakers at the LendIt Fintech USA conference discuss how fintech regulators and innovators can work together and support innovation.
NY Fintech Week: Crypto Regulation, Fraud, and Venture Capital
Speakers at the Empire Fintech Conference discussed regulation and cryptocurrency, fraud protection, and where venture capitalists invest in fintech.
New opportunities for Fintech
Crypto and NFTs: A New Digital Footprint for Businesses?
What awaits institutions that want their share of a decentralized financial system built on the blockchain? The experts offer their perspectives on some of the potential risks, liabilities, and rewards that could arise.
The Future of Fintech Through the Eyes of CES
The consumer technology trade show examined evolutions in fintech from driving financial inclusion to riding the wave of cryptocurrencies.
Blockchain Report: What Matters to Businesses Now?
Cryptocurrencies, NFTs, and smart contracts are staples of the blockchain scene, but is there anything else organizations can benefit from here? Some technological concepts beyond currency are showing promise in the financial space.
LendingClub CEO talks about creating a digital marketplace bank
A talk at the LendIt Fintech USA conference explored how the agility of fintech and the resilience of a bank can be combined. He offered a vision of what the future of fintech could look like.
Fintech Innovation Lab Demo Day: ESG, cryptocurrencies and risk management
The latest cohort of startups to graduate from the innovation program, which helps startups get off the ground, focuses on transparency, compliance, and blockchain.
CBDC Effort to Fulfill Diem’s Failed Vision
Cryptocurrencies were once seen as a fad at best and a vehicle for money laundering at worst. Now, however, they are recognized as much more, and governments are exploring central bank digital currency, also known as CBDC.
The Metaverse: How to Prepare Your Organization
Organizations will soon have three locations: physical, online, and metaverse. Gartner says now is the time to start learning and planning to deliver products and services in this emerging space.
Corporate Responsibility and Regulation
Going Green with regulatory technology for financial institutions
Financial institutions can make their own contributions to meet the challenges of climate change, according to Tata.
How combating AI bias can make fintech even more inclusive
Digitized assumptions, codified by very human creators, can introduce bias into new financial technology meant to be more accessible.
New York Fintech Week: Startups Target Financial Inclusion
The demo day hosted by the FinTech Sandbox reviewed the need for greater diversity among financial industry leaders and regulators’ focus on transparency.
US Regulators Move to Understand Crypto and Explore Protection Measures
Federal institutions, armed with an executive order from the White House, begin to establish strategies to acquire digital assets such as Bitcoin.
New core technologies in action
How to prepare for the new PCI DSS 4.0 requirements
With the new requirements set to begin in March 2024, organizations need to start preparing now, a multi-step process that will be felt throughout the organization.
Fintech, the cloud and taking machine learning to the edge
Executives from Current and Data Capital Management discuss how their financial services companies are leveraging machine learning and using Google Cloud Platform resources.
How CINC reduced churn on its real estate agent apps
Using user experience insights from FullStory gave CINC insight into how to keep real estate professionals better connected with their clients.
FinTech Tools, Security Concerns Top of Mind for Gen-Z Banking
Banks and financial institutions are turning to data analytics and artificial intelligence to help Gen Z plan and leverage biometrics to address their cybersecurity concerns.
Are Blockchain and decentralized cloud making a lot of headway?
There is still talk of elements of Web 3.0 fueling the cloud scene, but the impact so far may be limited to niche use cases.
Automated accounts payable brings new efficiency to a biotech company
Adopting a Tipalti system freed up hours of manpower and other resources as the biotech company ImaginAb scaled up and adapted to the challenges of the pandemic.
A new era of digital finance for treasury teams
To get ahead (and stay ahead), treasury teams must innovate and adopt advanced systems and leading practices. Resilience is no longer optional in a post-pandemic world.
Chase CIO Gil Haus talks recruiting, agility and automation
Chase’s CIO talks about how his bank trains its engineers to use the cloud, machine learning, and other resources to adapt to consumer demand.
Technological modernization: how to start building a base
Technology modernization poses challenges for IT leaders, but it’s possible to minimize disruption, prepare your workforce, and manage costs for optimal ROI.