Financial inclusion services reminds us in order to achieve a successful digital transformation, having a proper contextual understanding is as important as developing the technology itself.
Can ABSA maintain its position as a large player in the South African banking industry as it faces increasing competition from digitally-enabled players with strong data analytics capabilities?
Can incumbent financial services firms avoid disruption by new entrants?
As mobile payments and blockchain tech challenge the status quo of cross-border money transfers, Western Union must digitally transform itself at the right pace… or risk going the way of the telegraph.
In early 2017, Lloyd Blankfein (Goldman Sachs CEO) stated “We are a technology firm. We are a platform.” Goldman Sachs still has a long way to go, but is taking steps in the right direction to effectively employ digital technologies. What does this mean for the future of the traditional investment banking industry? Is human capital still a bank’s greatest asset?
Tala has been a pioneer in the alternative lending space. Founded by Shivani Siroya, the Santa Monica based company has demonstrated tremendous success in providing credit to people who are unbanked. Tala uses machine learning from a user’s smartphone to […]
Correlation Ventures leverages a comprehensive database on VC financings and an associated predictive model to make rapid VC investment decisions based on data.
Roby advisory (“robos”), are low-cost automated investment platforms that utilizes mathematical algorithms to support investment decisions and create diversified financial portfolios. Analysts predict that by 2020 broadly defined robo advisory services are expected to manage between $2.2 to $3.7 trillion in assets. Can they replace a human Financial Advisor and become the main stream asset allocation solution?
Financial institutions are increasingly turning to nontraditional forms of data to evaluate creditworthiness. Lenddo is one of the start-ups seeking to change the way individuals are evaluated.
Lenddo and EFL are trying to achieve financial inclusion of underbanked population by using alternative scoring model using social media, mobile phone and psychometric data.