As I speak with experts about the state of global digital wealth management, I’m struck by the similarities between the UK and the US, specifically in how financial information is shared and used for holistic financial planning.
The global financial system is a highly complex network governed by numerous regulatory agencies, at several levels of government, which enforces a large, and evolving set of rules. At the most basic level, the purpose of regulations is to protect the trust of market participants. They need to be assured that they won’t unwittingly lose their assets (e.g. money, securities, […]
There are a slew of skills considered necessary for “being an adult.” Some, like the ability to apply for jobs, pay bills and prepare (or procure) meals, are widely recognized, while others, like financial literary, do not attract the attention they deserve. In the UK, far too many people are entering “the real world” without the information they need to […]
It’s hard to believe that Ynext Incubator Demo Day is this week—Thursday, May 12 starting at 3 p.m. After six months of intensive work honing their business acumen, expanding their technical chops and working hands-on with Yodlee transactional data, our cohort of seven companies is ready to pitch to investors. Before they take the stage, I thought I’d share a […]
Recently I attended Money20/20 Europe – the world’s largest fintech conference held in Copenhagen, Denmark. While I talked with several attendees from financial institutions and fintech innovators, I noticed some common themes from our different conversations. They’re the same conversations we’re having across Europe with banks and technology companies, and it shows that everyone is talking about similar topics. 1. […]
Early-stage fintech startups have a lot of things they’re trying to figure out. Cybersecurity may not be high among their priorities, but they’ll have to address it eventually. And the sooner the better, said Orus Dearman and Jake Johnson, business consultants with the accounting firm of Grant Thornton, speaking at the most recent Ynext Incubator bootcamp. The risk of a […]
Here at the Ynext Incubator, every year we get a new batch of applicants for our upcoming class. Although our applicants are, by definition, interested in working with Yodlee’s platform of consumer and SMB financial data, we do a fair amount of outreach so that we can get a variety of applications within that constraint, from a wide geographic and […]
A recent high-profile case involving one of Silicon Valley’s most promising “unicorns” graphically illustrated the challenges for fintech startups trying to disrupt a highly regulated industry. The founder and CEO of Zenefits was compelled to step down after charges from various state regulators that the company employed sales people that were improperly licensed to sell insurance. The new CEO told […]
Mike Kane, co-founder and Master Sensei of Hedgeable.com, has found a way to combine the things Millennials love about today’s technology with the importance of personal financial well-being.
“At the end of the day people won’t remember what you said or did, they will remember how you made them feel.” – Maya Angelou Brand strategy consultant Deirdre Davi, who has worked with clients like Facebook, Google, Adobe and other tech giants, believes these words from Maya Angelou capture the essence of storytelling for businesses — the goal of […]
To set the stage for her presentation on the design thinking process at the most recent Ynext Incubator bootcamp, Rose Figliano of RocketSpace invoked the words of the late iconic industrial designer Dieter Ram: “Everything is design.” Or as Steve Jobs said, “Design is the fundamental soul of a man-made creation that ends up expressing itself in successive outer layers.” The point, Figliano […]
Does your startup need an advisory board? The answer from a panel on the topic at the most recent Ynext Incubator Bootcamp would likely be an emphatic “Yes!” Joining us to educate our current cohort of fintech startups on the why’s and how’s of building an advisory board were the following rock star panelists: Kathryn White, RBS Jessie Dennen, Percena […]
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