TransferWise is a startup in international money transfer out of London and now is offering integration with Apple Pay. As more consumers begin carrying mobile wallets, having wallet integration in applications and payments devices will be a differentiator in the payments industry.
Eastern Bank Labs is a great example of ways that community banks can implement new technologies without breaking the bank. Numerated Growth Technologies (A spinoff from Eastern Bank Labs) has automated the small business lending process and the technology can be implemented across multiple platforms.
New APQC reports confirms the emergence of new finance support tools have not lead to lower costs for most firms. A number of business process innovations and new forms of enabling technology emerged in the past ten years to help finance do more with less. That does not mean every industry has caught on to the reality of cost reduction. For some, it is time to trim the fat.
The Internet of Things (IoT) has been labeled as "the next Industrial Revolution" because of the way it will change the way people live, work, entertain, and travel, as well as how governments and businesses interact with the world.
