New Type of Banking Licence to Serve FinTech Startups

new finTech startup banking

US FinTech Sector Set to Grow as OCC Provides Avenue to Test

The OCC (Office of the Comptroller of the Currency), which is a sub-branch of the U.S. Department of Treasury, last year stated that it would look into granting financial technology (FinTech) companies with Special Purpose National Bank Charters. Since that declaration, it has now begun to actively engage players in the industry to...

Read More...

Banking UX Design Challenges and Opportunities in 2017

fintech-financial-technology-digital-staffing User Experience (UX) in banking is about human feelings, impressions and behaviours while using banking digital interfaces. For my UXDA agency the aim of banking UX engineering is to create financial services that matches users’ needs with banking capabilities and are easy and pleasant to use. So, let’s outline some general Do’s and Don’t’s in banking UX for 2017 and reveal how UX can help banks to enhance their customer involvement next...

Read More...

How Will Trumps Presidency Affect Silicon Valley and Tech Business

Silicon Valley Fintech UX Design Staffing

Policies Expected to Impact Global Trade, Fintech, & Immigration

Trump is set to join a handful of American presidents who have assumed power with a business background making their case for competency. This means that various sectors of the market will most likely be affected by whatever policies the president elect pushes forward, particularly the tech economy and Silicon Valley tech staffing. Read More...

What’s Next For Fintech?

fintech-future-tech-finance These are the boom years for Fintech. Between the years 2010 to 2016, investments in the Fintech sector jumped. From $1.8 Billion in Fintech investments in 2010 to an investment of $5.2 Billion in the first quarter of 2016 alone. Read More...

Millenial and XYZ Gen Investors Bypass Traditional Wealth Management Firms

fintech-stock-trading-online

Young Investors Finding Information with Social Media Inspired Financial Tools

Throughout the various economic sectors, Millennials are fostering innovations using technological means. In particular, they are taking a keen interest in social media tools and applications. Furthermore, they are now making huge investments in these fields as well as via the tools that innovation is giving rise to. Read More...

How Silicon Valley is Changing the Fintech Space

silicon-valley-changing-banking-fintech Known for consumer sweethearts like Apple and Facebook, Northern California is now tackling a less sexy though infinitely important task. Silicon Valley is bringing change to outdated financial systems through advanced financial technology (FinTech). A line of business based on using software to provide financial services, FinTech companies are generally startups founded to disrupt established financial systems that have been slow to embrace online technology. Examples include companies like Square, PayPal and...

Read More...