Thanks to explosive growth of financial technologies, a sea change has arrived for financial services. In a world of algorithms, automation, and blockchain, there is no doubt that finance in the 21st century will be unlike anything we’ve quite seen before.
New tech-heavy financial firms are helping millennials invest, but with a twist. They are swapping out investment advisers for financial robots, and passing along the savings. Luis Viceira explains the rise of “fintech” in a new case study.
Blockchain is one of a handful of technologies poised to transform a multitude of industries, and yet its promise remains relatively unrealized. However, HBS alumnus Yezi Peng (MBA 2017) thinks that the blockchain platform Ethereum might just have the power to usher blockchain into widespread usage.
During the 2015 Digital Transformation Summit, HBS Professor Sunil Gupta, Ernst & Young’s Janet Balis, and Twitter’s Glenn Otis Brown shared their thoughts on mobile commerce is effecting markets, business strategy and what people think of as money.