FinTech, Financial Innovation, Industry Disruption.
20 May 2020 3 minute read 0 comments FinRev
Malcolm Gladwell turned the biblical story of David and Goliath on its head by noting that the giant was actually much weaker than his opponent. So why, as Gladwell asks, do we continue to tell the story the way we do? Maybe it’s because we’re built...
18 May 2020 4 minute read 0 comments FinRev
“Our investing culture blind spots are causing us to ignore places, people, and ideas in a way that stifles innovation and makes it difficult for most entrepreneurs to realize the American dream.” – Ross Baird, Founder and CEO of Village Capital Jus...
17 May 2020 4 minute read 1 comment FinRev
I remember grumbling, “Good lord this is a waste of time,” in 1992 while I was working on an AI application for lip-reading. The grumble escaped my lips because I felt like I was spending half my time inputting data cleanly into the video processing...
16 May 2020 4 minute read 0 comments FinRev
The use of sales incentives to influence the behavior of salespeople and how they sell to customers has a long history in the United States. For this, we have the National Cash Register (NCR) Company to thank, as it widely popularized the use of shor...
14 May 2020 5 minute read 0 comments FinRev
The ability to charter a de novo bank, once a reasonably achievable task, has, over the past decade, become an almost impossible feat. Part of the reason de novo bank creation has stalled is the regulatory reaction to the 2007-09 financial cr...
14 May 2020 3 minute read 0 comments FinRev
The severity of the recent data breaches at Equifax — in which personally identifiable information on over 143 million US consumers was stolen by unknown hackers — and the US Securities and Exchange Commission — whose Edgar database processes over 1....
13 May 2020 2 minute read 0 comments FinRev
If you think artificial intelligence is a thing of the future, ask yourself why your Amazon homepage looks different from ours or how Google translates websites on the fly. Consumers in developed and developing countries are benefiting today from the...
12 May 2020 3 minute read 0 comments FinRev
I love movies about great mathematicians, real or fictional. The Imitation Game and Good Will Hunting are great ones, but A Beautiful Mind is my favorite. This movie profiles John Nash, who became a pioneer in game theory and won a Nobel Prize along...
11 May 2020 4 minute read 0 comments FinRev
Robo-advisors and robo-analysts are both important to enabling wealth management firms to cut costs without sacrificing quality of advice, but the importance of a robo-analyst to enhance the quality of investment advice shouldn’t be underestimated. T...
9 May 2020 3 minute read 1 comment FinRev
Active management has long been the foundation of a well-functioning stock market. Many of the brightest minds on Wall Street have dedicated their careers to separating the good ideas from the bad, doing deep research to allocate capital to the righ...
