Date: Friday, August 14, 2020 Reflecting trend in industry demand, five of the 10 companies selected in New York accelerator program have risk or compliance focus Technology pilots are underway at major financial firms this summer that are monitoring model risk in real time, providing “explainability” on artificial intelligence deployments, weeding out unintentional bias and…
Entrepreneurs—even the more seasoned ones—say they most value the coaching of finance executives. JULY 16, 2020 Author: ANDREA MURAD Fintech startups participating in the FinTech Innovation Lab (FIL) run by Accenture and the Partnership Fund For New York City are well positioned to help financial institutions keep up with the relentless pace of innovation that characterizes the intersection of technology,…
By Mazy Dar, CEO of OpenFin Three years after we established OpenFin with the vision of creating a web-based operating system for financial desktops, we were ready to put our technology to the test and find out what banks thought about it. We applied successfully for the FinTech Innovation Lab New York‘s class of 2013,…
By Carey Anne Nadeau, Founder and CEO of ODN It wasn’t easy for me, as an outsider, to break into an industry that is relationship-driven like insurance. You can have all the credentials in the world, which for my company, ODN, was an established product, paying customers, and an MIT degree in tow – but…
Founded by Accenture and the Partnership Fund for New York City, program that supports NYC as a fintech center is in its 10th year NEW YORK–(BUSINESS WIRE)–Applications are now being accepted for the FinTech Innovation Lab New York, a 12-week program co-founded by Accenture (NYSE: ACN) and the Partnership Fund for New York City that…
By Maria Gotsch, Co-founder of the FinTech Innovation Lab; President and CEO of the Partnership Fund for New York City. One of the key takeaways from my 10+ years of experience as an M&A banker is that companies are bought and not sold. No matter how profitable, dynamic or interesting, without a buyer, there is…
MAZY DAR, OPENFIN@MAZYDAR OCTOBER 13, 2019 10:25 AM Move fast and break things: It’s a philosophy that many in the tech world have adopted as their mantra, long after Mark Zuckerberg immortalized it as the unofficial motto of Silicon Valley. Innovation is the lifeblood of the technology industry, but what happens when new technological paradigms…
By Deborah Barta, Innovation & Startup Engagement, Mastercard Labs Innovation is at the top of Mastercard’s agenda, and here in New York’s vibrant Silicon Alley, game-changing ideas and companies are transforming the fintech landscape. For the past few years, we have participated in the FinTech Innovation Lab New York to connect with fintech startups…
Charting New York’s Fintech Future Between 2017 and 2018, investments in New York fintech companies nearly doubled from around $1.8 billion to more than $3.4 billion. With financial services directly employing 340,000 New York City employees and contributing about $8 billion annually to the city in taxes, it is imperative that New York leads in…
Q&A with Stu Ellman As a VC participating in the FinTech Innovation Lab, how do you work with the companies that participate in the program? How do you see your role as different from the financial services companies? At RRE, we see our role as mentoring companies in the program as they think about…