FinovateFall 2015 has 72 presenting companies and over 1,500 attendees. We're here and ready to live blog!
Dan Mercurio is the SVP of consumer banking at Cambridge Savings Bank (CSB), where he oversees retail banking and residential and consumer lending. He develops strategic initiatives and manages performance metrics in each of these areas.
In this interview we talk about how Cambridge Savings Bank has navigated the shift to digital banking.
The August 10 acquisition of financial data mining and personal financial management solutions provider Yodlee by Envestnet sent shockwaves across the industry, heralding a new age where personal financial management and wealth management converge. While the deal signaled a desire to build up Envestnet's capabilities for financial advisers and place them in a better position to see a client's entire financial picture, its implications for banks were far less clear.
We've created this quiz to complement the release of our white paper "The Banker's Guide to Digital Advocacy."
Take it to find out whether you're a leader, a learner, or a laggard (terminology from JP Nicols).
In a recent white paper titled The Millennial Generation and the Future of Finance: A Different Kind of Trust, Innotribe shows that when it comes to business interactions, millennials generally favor using technology over going into a branch. Specifically, Innotribe says, “Because millennials trust technology even more than face-to-face relationships and the ‘brick and mortar’ user experience, they are looking for entirely new digital products that are relevant to their daily lives.”
This week we talk to Chris Nichols, Chief Strategy Officer at CenterState Bank. Nichols outlines the state of community banking and strategies for the future, including the possibility of offering an omnibus account.
Finovate is off and running. I am sitting elbow to elbow with hundreds of other FinTech enthusiasts at the Civic in San Jose. I just hope I don’t spill my coffee on the guy next to me. The Civic is home to several rock legend performances including Buddy Holly, The Beach Boys, and Fleetwood Mac. Ugh…I have to admit as a long time resident of the San Jose area, I had NO IDEA so many famous acts came through here. Now financial technology rock stars are playing their tunes at FinovateSpring [INSERT AIR GUITAR RIFF].
FinovateSpring is off and running. Session 1 jitters are out and we are now on to Session 2. I’m up the press room surrounded by pictures of rock legends who have performed here; Tower of Power, Chicago, Jefferson Airplane. There is no picture of Dionne Warwick singing “Do you know the way to San Jose.” I need to get on that. Does anyone know her?
The Finovate crowd now has the lethargy (is this a word?) associated with a huge lunch. Finovate lunches are generally really good. I over ate like everyone else and I’m now double fisting coffee. Wait, how do I double fist coffee while I’m typing? He he…it’s a skill I learned in college.