Author Archives: Tom Groenfeldt

About Tom Groenfeldt

I write - mostly about finance and technology, sometimes about art, occasionally about politics and the intersection of politics and economics. My work appears on Forbes.com and International Finance Magazine. The Financial Brand ranked me 20 on a list of the top 25 global influencers in financial services and Jay Palter included me in his list of 250 fintech influencers to follow in 2016 http://bit.ly/1SSRXC6

Israel’s Bank Leumi Launches No-Fee Mobile Account

The Leumi Group has launched a new digital platform, named Pepper, that allows customers to manage all of their banking activities entirely via mobile and with no account fees: from on-boarding to performing common banking transactions, including ordering credit cards … Continue reading

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Yes, Virginia, There Are Women Leaders In Fintech

BNY Mellon, has appointed Bridget E. Engle as senior executive vice president and chief information officer reporting directly to CEO Gerald Hassell. In this position, Engle will lead the company’s Client Technology Solutions group, which provides critical technology platforms and … Continue reading

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Buy Now, Pay Later Comes To Online Purchases With Klarna

Attribute it to Swedish mistrust of credit cards and internet commerce, combined with the Nordics’ rapid adoption of mobile whose small screens do not make entering credit card details easy. Swedish shoppers didn’t like using their credit cards online, and … Continue reading

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Finance Execs Avoid Risky Deals

Financial firms are turning away from deals that look risky over growing concerns of personal liability, says Thomson Reuters. Continue reading

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ING Launches Finance Aggregation App

ING, the Dutch bank that had to withdraw from retail banking in several foreign markets during the financial crisis, is re-entering the UK retail market with an app called Yolt which lets users  manage their finances with different banks for … Continue reading

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Fortune’s Fastest Growing Includes 28 [Often Obscure]Financial Firms

The current issue of Fortune (September 15, 2016) has a list of the fastest growing companies in the world, and 28 are banks and other financial institutions. Okay, Facebook is on the list too,  at Number 3. The opening note … Continue reading

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Skills Shortage Slows Adoption Of IoT, Big Data

A new analysis of technology trends  from Capita Technology Solutions and Cisco reveals a strong disconnect between nine key trends, including the Internet of Things and big data, and the ability of businesses to implement the technology to realize those trends. … Continue reading

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