Innovation Summit Showcased the Frontier of Banking Tech in Mass.
It’s clear the possibility of ensuring everyone is never far from high-quality digital banking services is within reach.
It’s clear the possibility of ensuring everyone is never far from high-quality digital banking services is within reach.
Silicon Valley Bank’s March collapse may have vanished from the headlines, but the resulting dust is far from settled as its successor and a prominent local bank jockey for the opportunity to serve Massachusetts’ tech and biotech startups.
As layoffs send fintech workers out into the job market, community banks and credit unions could see a longstanding disadvantage in landing talent evaporate.
Innovations coming in the next year could include enhancements to digital onboarding, internal processes and artificial intelligence, with some of these enhancements coming out of bank collaborations.
Mass Fintech Hub, a public-private partnership that supports the financial technology industry in Massachusetts, will hold its first virtual series next week as part of Boston FinTech Week.
Mass Fintech Hub, a new Massachusetts-based public-private partnership, has launched to help provide resources to the state’s financial technology startups and make Massachusetts “a global leader in Fintech.”
Massachusetts already has a combination of assets that make it almost unique compared to other places with fintech startups, industry leaders say. What the state needs now is a way to coordinate these independent pieces.
FinTech Sandbox had expected to welcome thousands of people to Boston this week for its fourth annual FinTech Week. But despite the pandemic – the conference has been rescheduled until March 2021 – the nonprofit still has big news: a new executive director in the person of Kelly Fryer.
Over the last two months, major changes at the Consumer Financial Protection Bureau demonstrate that the agency is aggressively taking steps to promote financial innovation in the consumer financial services space.
Downtown Boston will become one large conference venue for the fintech industry as FinTech Sandbox’s FinTech Week 2019 kicks off Sept. 9.