Pulse: Finance

FinTech Marketing

International FinTech startups are looking to the United States as a vast consumer and business market for their applications and services. Despite the difficulties posed by a dual regulatory system, in which multiple federal regulators join agencies in all 50 states, the wealth and size of the market beckons.

Investor Activists Want a Bite at the Apple

California teachers have teamed up with an East Coast activist hedge fund to petition Apple Inc. to step up its game and give parents the tools and choices they need to ensure smartphones don’t damage children’s health. Together, CalSTRS and JANA Partners are turning an old adage on its ear about gifting shiny apples to teachers.

BlackRock Fink’s Bully Pulpit: Accelerating Stakeholder Interests

If you have a bully pulpit, use it. That’s precisely what BlackRock’s CEO Larry Fink did when he championed corporates’ engagement with purpose to staunch the pace of climate change and embrace the preservation of the public commons together with its specific stakeholders.

The State and Cryptocurrency

Expect state government agencies and legislators to move most quickly on providing regulatory clarity on FinTech regulation in the United States. U.S. federal regulatory agencies have initiated enforcement actions against some of the most egregious cryptocurrency investment practices and are watching the industry closely.

The Mobile Mainstream

"Changing consumer preferences and behaviors are focused on ease of use, convenience, and immediacy of payment that can be obtained through the mobile channel," reports the Federal Reserve Bank of Boston in its most recent mobile payments study.

Yet the mobile experience in the mainstream of U.S. commerce hardly meets that ideal.

Chicago Rising

Chicago's FinTech development and investment reputation has been on the rise, and we're expecting big things in this city for 2018. Crain's Chicago Business suggests that Google is planning a major new center here, while city officials remain hopeful that it will make the first cut for Amazon's HQ2.

The Year in FinTech 2017 to 2018

It's that time of year: review and predict. Here are 18 links of 2017 trends and 2018 predictions to ponder over the New Year holiday.

2017 in Review

ICOs and BTC

Well, what else?

There is other FinTech news in banking and payments, but capital markets got most of the FinTech attention in the last week.

Even my favorite noncrypto FinTech story ended with a crypto note. Nearly 200 people attended the initial meeting of Chicago's FinTech Women (FTW), "The Future of FinTech is Female."

Spare Change

"If the current financial industry is to remain relevant, it must brace for a FinTech-tonic shift of unprecedented proportions," writes Jim Marous in the Financial Brand. "FinTech carries awesome potential for creative disruption, and the financial industry—the very creators of money—must manage this global dash towards both disintermediation and demonetization."

The Banking Drama

This week, the banking drama unfolds in three acts:

I.   Payments Possibilities
II.  Regulatory Ruminations
III. Lending Lessons

I. Top 10 trends in retail payments