Features

Chosen by readers and experts the #1 financial innovation of the last 30 years: online banking.

Although its successes have been less far-reaching than hoped by some of its proponents, it does provide a response to the challenges to helping the impoverished gain access to financial services to increase their incomes and financial stability.

Starbucks generates 27% of its US sales via mobile payments, as consumers opt for contactless coffee. While there were efforts to provide banking through cell phones in the late 90s, the transition, around 2007, from cellphones to smartphones—with their expanded ...

Ebay leaders Meg Whitman, Bill Cobb, and Rajiv Dutta at an eBay Live event in 2007. Photo by eBay co-founder Pierre Omidyar. Ten years before Jeff Bezos left a New York hedge fund to start selling books over the Internet ...

Most of the frantic pit jobs were displaced by digital technology, which pushed trading to warp speed, well beyond the capacity of humans.

First developed in 2008 by Satoshi Nakamoto—whose identity remains a mystery—as a public ledger for all bitcoin transactions, blockchain is now outshining the cryptocurrency it underpins as it offers banks and others the benefits of a distributed ledger, i.e., an ...

This year, we have honorees across a range of product areas that all aim to either help make their clients’ lives easier or make it easier for the banks themselves to foster innovation.

Reknowned economist James K. Galbraith, one of our expert panelists, pulls no punches in talking about the damage wrought by financial innovation