Fear of Missing Out Pt. 2: Financial Decisions

In our last blog, we talked about the “fear of missing out” or FOMO affecting the spending proclivities of a generation linked to social media. It’s true that seeing the lifestyle habits of friends, brands, and algorithmically generated advertisements laid out in a continuous stream…

Fear Of Missing Out: A Personal Finance Obstacle

What drives our impulse to spend? That question, central to the study of personal financial management, may be getting new answers from analysis of the behaviour of the social media generation. Social media is a venue in which there appears to be a neverending stream…

“The Amazon of Banking” – A Realistic Goal?

I’ve read a few articles this week describing the fintech sector as “the Amazon of banking.” Now that’s certainly a lofty and complimentary metaphor  – but what does it mean? Put simply, Amazon revolutionized the e-commerce business through its intelligent and personalized collection and interpretation of a…

Defining Financial Adulthood

“Washed my dishes and did the laundry today: I’m adulting so hard right now.” The frequency with which this kind of message pops up on social media channels among my peer group – people in their mid-twenties and thirties, for the most part – is…

Building a Canadian Fintech Community

We’re getting very excited about this Thursday’s BCTIA TechBrew event, where financial startups from all over the city will have a chance to get together over a tasty beer or two, network, and present information about their work to a captive and engaged audience. TechBrew,…

Banks vs. Fintech: Dawn of Justice

Financial technology and alternative lending were conceived as responses to the shortcomings of the traditional banking sector from the perspective of a specific group of customers. Somewhere along the line, we knew that by using the power of customer modelling and data science combined with…