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

Banking And Walter Bagehot — Smart Lessons From A Leading Victorian

Bagehot — The Life and Times of the Greatest Victorian. By James Grant. 334 pages. $29.95 What a match-up: James Grant, financial journalist and in modern terminology a public intellectual, writing on Walter Bagehot, who might qualify for that nomenclature … Continue reading

Posted in banking, Central Banking, Financial commentary, Monetary policy, UK

Low-Code Can Compensate For Shortage Of Programmers In Financial Services

The financial services industry needs to use low code development because it doesn’t have the time or the people to create services the old fashioned way, says Omar Arab, vice president of business development at Veritran. The company provides a … Continue reading

Posted in digital banking, payments, security, Uncategorized | Tagged , , ,

Volante Offers SWIFT Message Validation on AWS

– Volante Technologies, a global provider of messaging and payments technology both in-prem and in teh cloud, today announced it has launched financial message validation on the cloud, available as an Amazon Machine Image (AMI) on the AWS Marketplace. Like … Continue reading

Posted in digital banking, fintech, payments | Tagged , ,

Helping Employees Avoid Late Fees, Bounced Checks And Pay Day Lending With Their Own Money

PayActiv gives workers access to the money they have earned without requiring them to wait two weeks for their paycheck, said Safwan Shah, the company’s CEO. It advances the money and then is reimbursed by the employer when checks or … Continue reading

Posted in digital banking, fintech, payments, Uncategorized | Tagged , ,

DHS Updates U.S. Critical Infrastructures Including Payments And Securities Settlement

The U.S. Department of Homeland Security last week released an update to its list of 16 critical infrastructures, which included financial services such as payments and clearing and settlement of securities. “The Financial Services Sector-Specific Plan details how the National … Continue reading

Posted in fintech, payments, security, Uncategorized | Tagged , , , , , , ,

Technisys – Ready With A Digital Banking Core For North & South America

North America has a newcomer in core banking — Technisys, originally from Argentina. It is implementing a digital first system at Alberta’s ATB in a new subsidiary bank called Brightside, and it recently raised a $50 million Series C investment … Continue reading

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Z/Yen Group Designs New Index Linking Finance and Tech

London’s Z/Yen group has developed a Smart Centres Index, designed to track the development of commercial and financial centres across the world in their support for and readiness for new technology applications.  Smart centres are cities across the world which encourage … Continue reading

Posted in fintech, Uncategorized | Tagged , , ,