Author Archives: Tom Groenfeldt

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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 and occasionally in The American Banker and Banking Technology in London.

Buy Now, Pay Later Comes To Online Purchases With Klarna

Posted on June 5, 2017 by Tom Groenfeldt

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

Posted on May 15, 2017 by Tom Groenfeldt

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

Posted on October 18, 2016 by Tom Groenfeldt

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

Posted on September 23, 2016 by Tom Groenfeldt

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

Posted on August 11, 2016 by Tom Groenfeldt

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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Posted on July 19, 2016 by Tom Groenfeldt

The Australian Securities Exchange (ASX) will use Metamako for real-time monitoring of its new trading platform and for time-stamping and time synchronization of its internal network traffic. “We evaluated a number of solutions, but in the end, the accuracy and … Continue reading →

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How Can Regional and Mid-Tier Banks Catch Up to the Big Banks in Mobile?

Posted on July 13, 2016 by Tom Groenfeldt

Regional and mid-tier banks face an uphill battle on the digital front, but have advantages they can capitalize on with some focus and determination Alarm bells are sounding in boardrooms of regional and mid-tier banks across the U.S. Or at … Continue reading →

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Brexit and financial services: the only certainty is uncertainty

Posted on June 24, 2016 by Tom Groenfeldt

From Ovum, the financial services consultancy By a slender majority of 51.9% to 48.1% the United Kingdom has voted to leave the European Union. The move will have ramifications for banking and financial services internationally as the country renegotiates its … Continue reading →

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What Shiny New Life Insurance Startups Can Learn From My Mistakes

Posted on June 22, 2016 by Tom Groenfeldt

By Yaron Ben Zvi, CEO Haven Life I came into the life insurance industry as a customer first. My wife and I had our first child, and I knew it was time to buy a policy. Having founded a financial … Continue reading →

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U.S. Banks Lag in Mobile

Posted on May 12, 2016 by Tom Groenfeldt

The U.S. lags behind other countries in mobile banking, according to a new report from Adobe Digital. Based on 86 billion visits to banking sites between January 2015 and March 2016; 600+ million social impressions (from Facebook, G+, Reddit, Twitter, … Continue reading →

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