Ken Rees
@Kxrees
Avid cyclist, reader.
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Great to see other fintechs going beyond disruption to help Americans better manage debt. Well done @Plaid! forbes.com/sites/donnafus…
Interesting findings from a joint study from @pymnts and @Mastercard on the possibility of advanced payments to gig workers to alleviate financial pressures. Worth a read. pymnts.com/gig-economy/20…
pymnts.com
Gig Workers And The $178B Pay Advance Potential | PYMNTS.com
Unlike the typical worker in the 9 to 5 cycle, gig workers often find themselves living paycheck to paycheck, because they must complete a work assignment
Could not agree more on how “people are naturally finding #fintech startups touching everyday life in more ways than realized.” Well said, @APFintech. forbes.com/sites/forbesfi…
Interesting report coming out of the @fedreserve showing a lot more of what we already know. We need to do more to help the #newmiddleclass. Check it out: bit.ly/2xQ8S2t
Love when companies get behind causes. Fintech is not only making it easier to establish credit, but also making it more accessible to donate! See how via @tearsheetco: bit.ly/30Bf3DQ
tearsheet.co
Do good by doing well: Fintech moves further into charitable giving - Tearsheet
Bank/Fintech partnerships are more vital than ever! @CNBC: cnb.cx/2xmu1Bn
cnbc.com
Fintech start-ups are now more ready to work with banks, says ANZ exec
Sreeram Iyer, chief operating officer for institutional business at ANZ, said "it was quite hard to find adequately mature fintechs" a few years ago.
Great piece from @AmerBanker showing how #fintech is forcing change on how #banks view their customers. bit.ly/2XIPZNy
americanbanker.com
A fintech innovation that may be hard for traditional banks to swallow
Challenger banks promote the concept of empathy in banking, which sometimes means forgoing revenue to build up customer goodwill.
Great piece, Jonathan!
READ: Executive Director Jonathan Walker discusses what exactly causes “bad” #credit and how a few specific Americans became non-prime: newmiddleclass.org/what-exactly-c…
newmiddleclass.org
What Exactly Causes “Bad” Credit - Elevate’s Center For the New Middle Class
Despite headlines about economic gains at the national level, some members of the New Middle Class are struggling to fund basic elements of an American lifestyle that previous generations often took...
Interesting story from @qz calling for regulations on #Bigtech as they become more prominent players in finance. Take a look! bit.ly/2XFeWcW
“Inequality is a major issue around the world. However, it is even worse amongst those who have no access to banking.” Great piece from @paymentsjournal here: paymentsjournal.com/those-living-u…
paymentsjournal.com
Those Living ‘Unbanked’ and What That Means for Financial Inequality
Inequality is a major issue around the world. However, it is even worse amongst those who have no access to
.@Discover is ditching fees amid the rise of cheap checking accounts from #fintech upstarts. #Bigbanks will have to continue to evolve or start partnering with fintechs to keep up! See the full story here via @CNBC: cnbc.com/2019/06/17/thi…
cnbc.com
This bank is ditching fees amid the rise of cheap checking accounts from fintech upstarts
Customer penalties are a significant source of revenue for the financial industry: The 10 biggest banks collected more than $11 billion in overdraft fees in 2017, according to the FDIC.
Great piece from @Bankingtechno summarizing how #fintech is changing lives and promoting #inclusion across the globe. Take a look! bankingtech.com/2019/06/fintec…
To be recognized and named as a winner of the CIFS Diversity & Inclusion Impact Award speaks to the culture we have created here at Elevate. Proud of the team! bit.ly/2RBRJCT
Thoughtful piece from @colindwalshsf exploring if #bigbanks are serving cash-strapped Americans. The short answer? Not really. Read here via @Forbes: forbes.com/sites/forbesfi…
As #banks increasingly partner with fintechs, companies may be lulled into believing they do not need to dedicate significant effort to #compliance. But, #fintechs need to be paying closer attention to compliance than ever before. READ via @bankingtechno: bit.ly/2ZbTiK8
Interesting piece from @jeffspross via @TheWeek. Not sure if this would work, but would be cool to look at! bit.ly/2wZvOw1
Curious about the topic of "self-driving" payroll and its impacts on consumer behavior? This piece from @AmerBanker is great for those who are still new to the topic. Take a look! bit.ly/2Ri7IG6
As #BigTech moves into the financial services industry, they will become synonymous with any big bank we use today. Needless to say, fintech start-ups will be vying for partnerships. @cnbc: cnb.cx/2WpQSe1
Interesting piece from the @FinancialBrand showing how alternative lenders are impacting the #banking industry. Take a look: bit.ly/2QPlMXv
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