We are living in exciting times as the power of artificial intelligence is unleashed, impacting on every sphere of life. At home, we might have Alexa at hand to dim the lights for us, so we don’t have to leave the sofa and I expect most of us are keeping an eye on the self-driving cars story, however we feel about it. Read more
The cryptocurrency bitcoin continues its upwards trajectory, smashing through new ceilings recently to reach a point where a single bitcoin is now worth more than £12,000 Read more
Castlight was shortlisted by the FT along with four other early-stage firms as a leading fintech innovator. The awards recognise both innovative ideas and the ability to bring them into widespread use, with the Innovation Award in particular rewarding newer fintech companies that are bringing out novel solutions.
CEO, Phil Grady said,
“It’s great to have Castlight’s innovation recognised as capable of creating lasting change in the financial services sector on a global scale.”
“The idea of better credit scoring is attractive and it is significant that the company has made a profit from the first year and has not had to take any financing.”
Susan Lund is a partner at McKinsey and Company in Washington DC and an expert in digital finance in emerging markets. It was refreshing to hear her contribution to this week’s Analysis programme on Radio 4, where she reminded listeners that the digital revolution in finance doesn’t just benefit Western consumers, but is bringing better and cheaper finance to the developing world too. Read more
At a Future of Fintech conference in New York this summer, Anand Sanwal, CEO of CB Insights said that the idea of a “Bank of Amazon” was top of the list of 10 trends to watch in financial services over the next year. Read more
Uber, apparently the most valuable venture-backed company in history, has taken a tumble. Like all disrupters It was on a mission to change the world, to deliver a service that would cut right through the way people normally did things, and make life easier to navigate. But it has got itself mired in lawsuits and corporate culture chaos. Read more
It has been a whirlwind of a week for the Castlight team. In the course of just a few days Castlight has won the first ever Deloitte’s Disrupt the Enterprise event to be held in Scotland and then we secured a place for the live final of TEDxGlasgow at the beginning of June. Read more
In just over 12 months the whole landscape of banking will change forever. The new open banking standard, with its secure API, will make it possible for customers to access and share data that banks have historically held. Read more
The amount of money we have in the bank determines what we can spend. It’s obvious isn’t it? Or is it? What if we are moving towards a future where the currency isn’t pounds and pence but data? Read more
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