Glasgow (Scotland) based fintech company, Castlight®, won Deloitte’s Kick Start a Start Up Award at the Disrupt the Enterprise event held in Scotland. The accolade was secured in April 2017 at Deloitte’s Edinburgh Greenhouse incubator, a studio of bespoke labs created by Deloitte to encourage young, digital companies to collaborate and tackle challenges creatively.
Service in the military reserve is an honor and a highly unique experience, but it also represents a significant commitment of a person’s time and energy. Reservists are committed to serving at least one weekend a month and two weeks each year to carry out a separate set of duties and responsibilities apart from our civilian roles. Part of this […]
Transaction data can carry a lot of information, but much of it gets lost in its current difficult-to-read, garbled state. If you’ve ever tried to decipher your credit card bill, you know how hard it is to decipher what you’ve actually purchased.
Innovation is a direct result of people seeing problems and creating solutions. Five years ago, a group of passionate parents and educators, including Steven Khuong and his wife, started a preschool program for children with special needs out of the increasing demand for whole-child approaches to Autism; Khuong’s son was diagnosed in 2009. However, their school’s neuro-diverse goals were quickly […]
How do you know if a prospective borrower is a good risk or a bad one? What is an “acceptable” risk? How can you increase conversions, loan approvals, and profitability without increasing risk or defaults? Lenders need to make smart, informed decisions based on critical visibility into a borrower’s comprehensive financial picture, but lenders traditionally rely on credit reports and […]
Each year after we close applications for our new incubator class, I like to do an analysis of all the applications we received. I view our funnel of applications as forward-looking radar, capturing what the earliest stage fintech entrepreneurs are working on. It’s a good way to learn about emerging trends, to see what’s hot and what’s not in the […]
Fueled by technological advancements as well as shifting demographics and consumer preferences for more personalized, intuitive user experiences, the financial services industry is more focused on digital innovation than at any other point in its history. The emergence of new and disruptive financial technology has been significant and is fueling the need for innovation by traditional financial institutions attempting to […]
How much should I save for retirement? How aggressively should I pay down my student debt? How much money should I have in savings? Millions of consumers face these types of questions every day as they seek to gain control over their finances. As they work to right-size their financial lives, consumers often turn to trusted financial advisors, friends, and […]
How does financial data enable innovation in a collaborative ecosystem? In the FinTech community, more than 500 FinTech companies and 550 financial institutions leverage the Envestnet® | Yodlee® Financial Data Platform to power their applications – including retail banking, small business banking, payments, lending, wealth management and more – which ultimately helps consumers improve their financial well-being.
We’re excited to be an “Ally” with Citi during their Citi Tech for Integrity Challenge (T4I), an open innovation competition that asks corporate teams and small businesses to find innovative solutions that promote integrity, accountability, and transparency in the public sector. T4I is not only targeting companies in the “Govtech” space, but also companies in financial transactions, cyber security, big […]
The online lending industry is completely transforming the offline lending industry. From turning offline loan applications to digital applications, all the way to using banking data to better include the underbanked and verify assets, the lending process is becoming more streamlined, with less friction and more comprehensive data.