X

Sign up for the FinXTech Newsletter

Stay current with our latest insights


Data

Blockchain Information Series: Why Blockchain Matters

FinXTech Advisor, Christa Steele, has created a four part series to educate our community about how blockchain is changing the transaction of digital information, its implications and the players who are shaping this technology. Below is Part Two of this series. I recently attended Bank Director’s annual Acquire or Be Acquired Conference in Phoenix, Arizona. Richard […]

Smart Data Emphasizes Quality, Not Quantity

International Data Corp. (IDC) suggests that worldwide revenues for big data and business analytics will grow from $130 billion in 2016 to more than $203 billion in 2020. The commercial interest in data comes as no surprise given the immense role it plays in facilitating innovation in the financial services industry and beyond. After all, […]

How Can Your Bank Tap Into the Internet of Things?

The Internet of Things (IoT) has officially moved beyond hype. IoT is now well known and defined—basically putting data-gathering sensors on machines, products and people, and making the data available on the Internet—and companies are already using IoT to drive improvements in operational performance, customer experience and product pricing. Gartner predicts we’ll see 25 billion […]

Say Hello to Open Data Sharing

Banking customers are demanding more and more access to innovative fintech services and applications that are making their financial lives easier. Big banks are responding by embracing the trend of open data, allowing fintech companies to access user information to provide a more seamless customer experience. One needs to look no further than the recent […]

Blockchain Information Series: It’s All About the Block

FinXTech Advisor, Christa Steele, has created a four part series to educate our community about how blockchain is changing the transaction of digital information, its implications and the players who are shaping this technology. Below is Part One of this series. I started researching blockchain in the fall of 2015 and became intrigued by the […]

Getting Big Value out of Big Data

If my bank calls me, I brace for bad news. It shouldn’t be that way. Banks are considered leaders in data analytics—most have been at it a long time, have a lot of data and know a lot about their customers. But some banks aren’t actually doing a great job of translating data analytics into […]

Combating Identity Fraud Through Biometrics

The Know Your Customer (KYC) process, which is the identification and verification of a bank’s clients in order to understand and better manage risks, is a central requirement of the federal anti-money laundering regulations. Today, technologies such as mobile and biometrics have a strong impact on the redesign and digitization of the registration process, significantly […]

Data Wars to Dominate 2017

It’s the start of 2017, and many people have already blogged their predictions for the year. I won’t repeat those predictions, as the future isn’t what it used to be, but I do find it interesting to look at the common themes across them all. The standout theme for me is that 2017 is the […]

Trends in Financial Technology to Watch

The FinXTech Advisory Group is comprised of several respected fintech leaders from around the globe, and we are honored to have Christa Steele, former CEO of Mechanics Bank in Walnut Creek, California, as a part of the group. During her time with Mechanics Bank, she improved core earnings 43 percent in a single calendar year, […]

What You Don’t Know About Network Defenses Can Definitely Hurt You

Hackers have many avenues to choose from when it comes to attacking your organization, the most obvious of which is breaking in from the outside, or attacking your network’s perimeter. But they also can choose to attack from the inside-out by targeting your employees and internal weaknesses. Cyber criminals use tactics like password attacks, session […]