Weekly Coffee Break: Roundup of Industry News
Every week, we’ll share a roundup of industry news links because these resources have informed and inspired us. Here’s our weekly roundup of industry news:
Top 5 Fintech Raises: Betterment, Chase Bank, Bitt, and More – Fintech is far from a U.S.-only phenomenon, as this week’s top funding rounds make clear.
The week’s top raises runs the gamut from online investments to the integration of Africa’s growing financial space; from the analysis of loan quality and security to the ever-more transparent P2P sector; to providing access to the vast possibilities of cryptocurrency in emerging markets.
Sharing is caring – banks and fintech partner to lend to small business – Alternative finance is here to stay. And when it comes to the ‘problem child’ of lending – small business – banks probably aren’t that unhappy about it. In fact, today’s problem child may soon evolve into tomorrow’s golden child, with a number of banks realizing that their ability to lend paired with fintech’s positively disruptive user experience could make for a very profitable partnership indeed.
‘Agile’ Development Is Reshaping Tech at Banks Like Chase and BBVA – When JPMorgan Chase recently launched a new website, Gavin Michael, head of digital for consumer and community banking, credited much of the success and speed (it took 18 months) of the project to the bank’s recent migration to agile development.
Last year, when BBVA Compass opened a new operations center in Birmingham, Ala., it too signaled a commitment to agile development, and showed off a space redesigned with agile pods. Tangerine Bank and Capital One have also spoken of shifting to agile methods.
5 Safe Summer Travel Destinations You Want on Your List – Amid a spate of terror attacks in Europe, Americans are suddenly amping up their search for safe holiday destinations – almost frantically, said some travel agents – as we all reassess where we want to vacation this year. When destinations that had traditionally loomed as staid to the point of being boring explode as terrorist death traps, the reason for this new summer calculus requires no elaboration.
Why Florida Is Losing Its Grip on Retirees – Are retirees looking for their dream home in all the wrong places? Florida, which helped popularize the notion of a snowbird retirement, has the most residents age 65-plus. Yet it now ranks near the bottom of a new list of states deemed most desirable for folks contemplating retirement. Virginia tops the list, while another long-standing retirement haven, California, comes in dead last. The Midwest generally shows well.
It’s National Walking Month: Here’s a Walking 101 Guide from American Heart Association – Walking is low-risk and easy to start. It can help keep you fit and reduce your risk of serious diseases, like heart disease, stroke, diabetes and more.