Mar 01, 2021
My barometer for when an arcane finance topic has crossed into the mainstream tilts when my twentysomething artist daughter asks me about it. We’ve already had two such events this year- first came the “short squeeze” around the GameStop fiasco. Now we have Special Purpose Acquisition Corporations (SPACs), which even Hollywood celebrities are suddenly embracing as the “it” investment vehicle.
Feb 16, 2021
Like virtually every aspect of life, the COVID-19 pandemic has altered our relationship with cash- perhaps permanently in some aspects, but temporarily in others. This makes it an intriguing time for an industry conference titled The Future of Cash. I’m sure some snarky folks will quip that cash has no future.
Feb 09, 2021
If I gave you a tip in early January on a stock that proceeded to triple in price in less than a month you’d be pretty happy, right? That’s hardly the prevailing attitude about GameStop, however. Of course, this is because the until-recently disregarded stock was briefly up more than twenty-fold in the interim.
Feb 01, 2021
You’ve probably seen the bumper stick that reads, “If you’re not outraged, you’re not paying attention.” Based on recent news I’m offering a new spin for leaders of credit unions and community banks: If you’re not terrified, you’re not paying attention.
Jan 26, 2021
For a few weeks in December, the SolarWinds software breach was big news. Like so many events these days, however, it was soon crowded out of the headlines- which I suspect is just fine with security experts, who prefer to combat these threats outside the glare of attention.
Jan 19, 2021
It already feels trivial to revisit 2020’s twists and turns, but we at BIG believe it’s important to hold ourselves to account. Our last blog assessed the accuracy of several of the fintech predictions we made as the curtain raised on 2020, including Big Tech incursions, strategic acquisitions and security breaches.
Jan 05, 2021
A blessing/curse of posting to the internet is that it’s virtually impossible to destroy evidence of past statements. Not that we’re looking to hide anything.
Dec 21, 2020
One of the biggest financial stories to emerge from the pandemic has been the forward jolt to digital adoption for services like banking an e-commerce. Of course, the overall trend toward digital channels has been underway for some time. We at BIG have been preaching to credit unions for years the criticality of providing state-of-the-art online and mobile solutions to members in order to remain relevant in today’s marketplace.
Dec 14, 2020
Last week we recapped five of the most important fintech stories of the past year (don’t worry; none of them involve pandemics or the election). Let’s continue with a few more, including some late-breaking news:
Dec 09, 2020
John Best and I decided to bypass our annual Year’s Top Fintech Stories podcast and proceed directly to 2021 predictions- after all, isn’t everyone ready to move on without further discussion of coronavirus and the election?