FinTech

/Tag: FinTech

6 Keys to a Best-in-Class Financial Wellness App with Data, AI and a Human Touch

For more and more consumers, the ability to feel financially secure has become more complicated and increasingly stressful as the burdens of health care, educational funding, retirement, and daily expenses grow. This stress impacts consumers’ personal relationships, physical and mental health, and has a significant impact on productivity at work. Fiscal wellness reaches far beyond

5 Financial Wellness Trends for 2019

It’s a new year, and time to look ahead at what it will bring. In 2018, financial wellness was one of the hottest plan advisor trends, and the industry took strong steps toward creating solutions that actually power progress—not only for plan participants and sponsors, but for advisors and for firms. While last year we spent time defining financial wellness, 2019 brings

With Many Just A Paycheck Away From Financial Ruin, Employers And FinTech Can Help

If there’s one thing that’s been made clear by the longest government shutdown in history, it’s that financial resilience in America is in dangerously short supply. People don’t tend to talk about their financial problems, but government workers who have just missed their first payday are taking to the airwaves and sharing details of their

How technology is improving financial inclusion

One-fifth of the world’s population are unbanked. Historically, it hasn’t been economically viable to provide financial services for these individuals, as they didn’t meet the minimum profitable threshold for most financial institutions. A number of reasons have combined to produce this situation, not just in developing economies but also in developed ones such as the

Top 6 Apps to Spring Clean Your Finances

Everyone who's into managing his or her personal finances with the help of an app has heard about Mint, which currently ranks No. 24 among all free apps in the Finance category that can be downloaded from the Apple iOS Store.  To offer you a couple of alternatives, I would like to introduce you to other

Will FinTech Spur More Millennials to Invest

Today’s morose Millennials, criticised for potentially killing the NFL and the napkin industry, are tomorrow’s financiers. Worse than killing the NFL and napkin industry, Millennials broadly feel indifferent towards finance. This sets a poor precedent for the future. However, there is light in the darkness as FinTech offers the opportunity for today’s youth, across the world, to get

This New App Gives The Working Poor An Easy Way To Seamlessly Start Saving

For someone working at a minimum wage job, an unexpected expense–like a repair bill when the car they need to use to get to work breaks down–can be a crisis: only a small fraction of low-wage workers have at least $500 in savings. In the event of unforeseen expenses, many people turn to payday loans that

2017-10-08T15:47:22-05:00Tags: , |

FinTech Can Help Increase Financial Literacy

Technology continues to revolutionize the financial services landscape. From mobile payments, app based investing platforms, to online banking solutions, financial technology (FinTech) has revolutionized not only how consumers receive financial services but also how they expect to receive such services. In some cases, innovations including mobile wallets and no fee investment platforms have helped to