Maria Gotsch Featured: Inside New York City’s push to become a global fintech capital

From Harvard Business Review In 2010, Maria Gotsch (MBA 1989) called a meeting with the chief information and technology officers at five of the largest banks headquartered in Manhattan. The session would last for three hours, but as Gotsch recalls, the executives in the room barely glanced at their phones. They were too intent on what…

Foxconn backs Cambridge Blockchain in $7 Million Series A Round

From CoinDesk: “Identity startup Cambridge Blockchain has closed a $7 million Series A round led by HCM Capital, the investing arm of the Taiwanese manufacturing giant Foxconn Technology Group. According to Tuesday’s announcement, Foxconn is “exploring deployments” of software developed by Cambridge Blockchain to improve the management of connected devices and global supply chains. Other…

How Artificial Intelligence Can Stop Market Manipulation

From MarketVoice: “This past March, a group of venture capital firms and banking organizations led by BNP Paribas invested $30 million into Digital Reasoning, a privately held company based in Nashville that is emerging as one of the leaders in using artificial intelligence to analyze human communications. The funding round, which also included Barclays, Goldman…

Alloy wins Bank Director’s 2018 Best of FinXTech Award for Winners Announced for “Startup Innovation”

From Bank Director: “Radius, a $1.1 billion asset bank headquartered in Boston, has been on a dedicated track to become an online-only retail bank since Mike Butler took over as CEO about 10 years ago. But Butler and his executive team knew that Radius’ customer acquisition and onboarding process was inefficient. The demand was there,…

TransUnion Partners with Nova Credit to Improve Financial Access for New Canadians

From NASDAQ Press Release TORONTO, April 25, 2018 (GLOBE NEWSWIRE) — TransUnion (NYSE:TRU) announced today a partnership with Nova Credit that will help new Canadians transfer their credit scores from other countries. The partnership will serve creditworthy newcomers to Canada who may otherwise miss out on credit opportunities due to a lack of Canadian credit history. The…

MaxMyInterest Appoints Tom Bradley to Advisory Board

NEW YORK, March 22, 2018 – MaxMyInterest (“Max”) – an intelligent cash management and optimization platform for individual investors and financial advisors – today announced J. Thomas Bradley Jr., retired president of retail distribution at TD Ameritrade, is appointed to serve on its Advisory Board. Bradley is a distinguished executive who brings more than three…

Digital Reasoning Raises $30M led by BNP Paribas

NASHVILLE, TN, March 19, 2018 –Digital Reasoning, a leader in Artificial Intelligence (AI) that understands human intentions and behaviors, today announced that it has raised $30 million in new funding. BNP Paribas led the round and Angel Rodriguez-Issa, Global Head of Strategic Investments, Global Markets at BNP Paribas, has joined Digital Reasoning’s board of directors. Barclays…

How this digital-only bank lowers risk of sign-up fraud

By Brian Yurcan, February 27, 2018 “Offering new customers an entirely mobile and digital account opening process is still a challenge for many banks, partly because of added difficulty in meeting know-your-customer requirements and preventing fraud in instances when a customer isn’t sitting across the desk. But some banks are using application programming interfaces, or…

GreenKey “Voice-Enables” Wall Street Via OpenFin; Creates First Industry Standard for Voice Applications

NEW YORK, Feb. 14, 2018 /PRNewswire/ — GreenKey Technologies, creator of patented voice software with integrated speech recognition designed for the financial markets, today announced that the firm will release its voice API through OpenFin’s plugin architecture. OpenFin is the secure desktop operating system used by 45 of the world’s largest banks, buy-side and trading platforms. The move brings the…