Weekly Coffee Break: Roundup of Industry News

Weekly Coffee Break: Roundup of Industry News

Weekly Roundup of Industry News

Every week, we’ll share a roundup of industry news and links that have informed, entertained, and inspired us.

Here’s our weekly roundup of industry news:

6 Trends That Could Influence Credit Unions in 2017 – Ted Bilke, president of core provider Symitar, a division of the Monett, Mo.-based Jack Henry & Associates, offered several 2017 trends and predictions that could impact credit unions directly or indirectly.

3 ways blockchain is reducing uncertainty – In a recent TED Talk, Bettina Warburg, Blockchain entrepreneur and researcher, describes exactly what we should be expecting from the upcoming blockchain innovations and how it is reducing today’s uncertainty.

Blockchain is a Continuation of a Human Story – In this presentation, Warburg makes it clear that Blockchain is a relatively new technology, but it is not a drastically new concept. She explains that, “As humans, we find ways to lower uncertainty about one another so that we can exchange value.” Since early human history, when humans lived in hunter/gatherer economies, trade has been essential. As trade routes advanced and grew in distance and complexity, institutions such as banks, currencies, corporations and governments were formed to continue to manage trade. Eventually, we started relying on the internet to verify and monitor economic activity even faster. Now, with blockchain, we have the ability to interact and trade with low uncertainty through technology, rather than through governments and corporations.

5 Fintech Startups You Should Meet Before They Go Big – What’s the best thing about startup demo days? You get to peek behind the curtains, before they scale (or fail). Five startups, in five minutes each, took the stage at the Empire Startups Fintech December Demo Day yesterday with their latest and greatest. Bank Innovation has the lineup, in case you missed it.

How Traditional and Emergent Fintech Could Converge and Change Finance – Traditional Fintech is so boring – and so profitable. The question is whether these vendors will use some of those profits to transform themselves or let nimble startups with modern technology and new business models eat their lunch.

Things to consider when making charitable donations – The holidays are as much a time to get together and be thankful for our friends and family as they are to give back to those less fortunate than ourselves. As you think how you want to give back, consider these few things before making any donation.

6 social media trends to watch in 2017 – Live streaming video – YouTube changed the game for content creators, businesses, and marketers alike in 2004. In 2016 we saw live video reach a new level of popularity as Facebook introduced new features to compete with Twitter’s acquisition of Periscope. These days, sporting events, presidential debates, and even personal events are streamed and shared online where engagement can happen in real-time.