Weekly Coffee Break: Roundup of Industry News

Weekly Roundup of Industry News

This is a roundup of industry news and links for the week of January 30th that have informed, entertained, and inspired us.

Here’s our weekly roundup of industry news:

Top 10 Free Alternatives to Expensive Software – Unless you have a company buying licenses for you, tools like Photoshop, Pro Tools, Maya, or even Windows can be a serious bite out of your wallet. Here are some more affordable options to those normally pricey apps that’ll help you stop fretting and get more done.

Beyond robo-compliance: How bots will soon permeate banking – Banks are already experimenting with robotic process automation in areas like their compliance functions. But robotics technology may soon find its way to nearly all aspects of running the bank.

As banks become more comfortable with the relying on software robots to replicate the actions of a human interacting with machines to handle rote tasks, experts say they will be quick to deploy the technology companywide as a way to trim expenses and redirect employees to more crucial tasks.

Fintech Firms Form New Trade Group – In the wake of proposed new regulations, a coalition of fintech companies has formed a new trade group aimed at ensuring consumers can access and share financial data with third-party companies.

The organization, called the Consumer Financial Data Rights group, includes founding members Affirm, Betterment, Digit, Envestnet|Yodlee, Kabbage, Personal Capital, Ripple, Varo Money and others, according to a recent announcement.

The Rise Of The Machines – The most disruptive technological change of the 21st century will be the widespread adoption of self-driving cars. And it’s not a matter of if, it’s when.

Each day brings with it yet another news story, another update in the progress toward fully automated automobiles. The adoption of this technology will carry both benefits and drawbacks, but what are they, really?

Auto finance (finally) shifts into the digital age – The traditional car-shopping experience — visiting showrooms, negotiating a price, and enduring long waits in a windowless office — is widely loathed. Yet it has largely endured, even at a time when consumers can buy nearly anything else online in minutes.