Rod Ebrahimi has a great piece in Forbes identifying three big Silicon Valley trends that will reshape the Financial Services industry. And while I think he’s right that increased transparency, more automation, and improved access to capital are, indeed, changing the way the Financial Services world operates, I can’t help but think he left out the biggest trend in Financial Services:
Open-source innovation in Big Data.
In his defense, Ebrahimi was focused more on front-office innovations in retail banking, like how much information banks share with Main Street customers like you and me. And perhaps he would consider open... Read More >