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…

Fearless Innovation – Insurtech as the catalyst for change within insurance

Insurtech is in good health. 2017 was characterized by strong growth, an increase in technological maturity, and the continued development of local and regiona lhubs around the world. Europe and Asia are playing a more significant role than in the past, and informing more partnerships than ever before. However, the way the insurance industry currentl…

AIG looks to the Fintech Innovation Lab as it continues to sharpen risk intelligence

By Rob Bauer, AIG The biggest change to risk management in the last three to five years is the power we’ve developed to know more about risks than ever before. It also links directly to why AIG is looking forward to working with the insurtechs chosen to join this year’s Fintech Innovation Lab. At AIG…

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…