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About : Jared Wade

Jared Wade

Jared Wade is senior editor for Finance TnT and Finance Colombia. He is a journalist with nearly 15 years of experience covering business, finance, insurance, and risk management.

World Economic Forum and Industry Experts Publish Guidelines for Data Usage in Financial Services

World Economic Forum and Industry Experts Publish Guidelines for Data Usage in Financial Services

“An uncoordinated proliferation of global data frameworks may prove counterproductive in the long run," says Matthew Blake of the WEF.

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Jack Henry & Associates Acquires Account Opening Specialist Bolts Technologies

Jack Henry & Associates Acquires Account Opening Specialist Bolts Technologies

The company said it made the acquisition in response to the growing demand for fast and easy online account opening services.

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OAS Partners with Stakeholders in Colombia, Chile to Strengthen Financial Sector Cybersecurity in Latin America

OAS Partners with Stakeholders in Colombia, Chile to Strengthen Financial Sector Cybersecurity in Latin America

The Organization of American States (OAS) partnered with both Asobancaria in Colombia and the government of Chile to strengthen cybersecurity.

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Social Investment Startup Impak Finance Closes on $1.1 Million Investment

Social Investment Startup Impak Finance Closes on $1.1 Million Investment

"Business as a force for good, an alternative to the traditional way of doing business, has increasingly been gaining ground worldwide," said Paul Allard, CEO of Impak Finance.

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PayPal, Visa, Capital One, Barclays Named Financial Services Brands of the Year for 2018

PayPal, Visa, Capital One, Barclays Named Financial Services Brands of the Year for 2018

In this year’s Harris Poll study, more than 77,000 Americans were polled in an extensive survey to determine the highest-rated brands in the United States.

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Nordea Bank, Barclaycard, PaySend, CashStar Among Winners of First Annual Paytech Awards

Nordea Bank, Barclaycard, PaySend, CashStar Among Winners of First Annual Paytech Awards

To honor the best innovations in the payments industry, ...

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LendStreet Inc Closes on $7 Million USD Series A Funding Round

LendStreet Inc Closes on $7 Million USD Series A Funding Round

Digital debt restructuring company LendStreet, Inc. has closed a $7 million USD series A equity round and raised $110 million USD in debt financing.

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Everest Group Names Top 50 BPO Companies for 2018

Everest Group Names Top 50 BPO Companies for 2018

Among the top five — ADP, Teleperformance, Accenture, Conduent, and Paychex — are several with a focus on financial services.

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Colombian Soccer Star James Rodriguez to Launch Cryptocurrency in Blockchain Venture with SelfSell

Colombian Soccer Star James Rodriguez to Launch Cryptocurrency in Blockchain Venture with SelfSell

Called the JR10 Token, the footballer and SelfSell will begin the public sale on July 12 during the World Cup.

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PayPal Acquires Payments Processing Firm iZettle for $2.2 Billion USD

PayPal Acquires Payments Processing Firm iZettle for $2.2 Billion USD

iZettle is targeted at small businesses and holds card payment processing market share in Europe and Latin America.

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HSBC Completes First Finance Transaction Through Single Blockchain Platform

HSBC Completes First Finance Transaction Through Single Blockchain Platform

This transaction was completed in 24 hours whereas "a typical paper-based transaction would take 5-10 days,” said HSBC.

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Digital Transformation in Wealth Management Conference Coming to San Francisco in September

Digital Transformation in Wealth Management Conference Coming to San Francisco in September

The event will look at "scaling robo-advice alongside traditional advice and how artificial intelligence and new digital capabilities can enhance financial planning."

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BBVA Compass Makes Larger Push Into Digital Lending Space

BBVA Compass Makes Larger Push Into Digital Lending Space

"There is a clear demand on the part of consumers for personal loans," said Shayan Khwaja of BBVA Compass.

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Lloyd’s of London Taps BCG and L Marks to Bolster Lloyd’s Lab Innovation Center

Lloyd’s of London Taps BCG and L Marks to Bolster Lloyd’s Lab Innovation Center

"We will find the InsurTech leaders of tomorrow and create new solutions that will benefit the Lloyd’s market,” said Stuart Marks, founder of L Marks.

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AWS Launches New Blockchain Templates to Streamline Development Process

AWS Launches New Blockchain Templates to Streamline Development Process

In an effort to allow more people to develop blockchain-based innovations, Amazon recently launched a new platform of AWS Blockchain Templates.

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Confirmed: Amex Paid $13.3 Million USD to Acquire Digital Payments Startup Cake Technologies

Confirmed: Amex Paid $13.3 Million USD to Acquire Digital Payments Startup Cake Technologies

In a transaction last year, credit card giant American Express acquired U.K. digital payments startups Cake Technologies, the global financial firm recently confirmed.

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Digital Transformation Advances in Colombia as Nation’s Largest Bank Plans to Invest $140 Million USD

Digital Transformation Advances in Colombia as Nation’s Largest Bank Plans to Invest $140 Million USD

Grupo Bancolombia plans to invest some $140 million USD in digital transformation and artificial intelligence initiatives this year.

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Experian to Acquire London Fintech Startup ClearScore for $385 Million

Experian to Acquire London Fintech Startup ClearScore for $385 Million

In a massive deal, Experian is set to acquire London-based fintech startup ClearScore for $385 million.

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Dan Tapscott, Blockchain Experts to Gather in Dallas for Emerging Technologies Summit

Dan Tapscott, Blockchain Experts to Gather in Dallas for Emerging Technologies Summit

The intersections between fintech, blockchain, and AI will be examined at the upcoming Emerging Technologies Summit at the University of Texas.

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European Union to Propose New Standards for Blockchain Technology

European Union to Propose New Standards for Blockchain Technology

The EU will propose common standards for blockchain in an effort to create more clarity and encourage fintech innovation.

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Lloyds Banking Group to Cut Around 1,000 Jobs and Invest Some £3 Billion on Digital Transformation

Lloyds Banking Group to Cut Around 1,000 Jobs and Invest Some £3 Billion on Digital Transformation

Lloyds Banking Group is aiming to “deploy new technology to drive additional operational efficiencies that will make banking simple and easier."

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22 Newcomers Enter the Forbes FinTech 50 List in 2018

22 Newcomers Enter the Forbes FinTech 50 List in 2018

Alongside established firms, such as Credit Karma and Coinbase, nearly half the list — or 22 firms — are newcomers in 2018.

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Bank of Tokyo-Mitsubishi UFJ Adopts Robotic Process Automation Solutions by Kofax

Bank of Tokyo-Mitsubishi UFJ Adopts Robotic Process Automation Solutions by Kofax

The has opted to implement the robotic process automation solutions, Kofax Kapow and Kofax TotalAgility, to overhaul its legacy infrastructure.

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Critical Factors to Consider Before Selecting a Nearshore Location, Part 9: Putting It All Together

Critical Factors to Consider Before Selecting a Nearshore Location, Part 9: Putting It All Together

“Latin America has a lot to offer and can serve quite a variety of different needs from different price points,” says Sebastian Menutti of Frost & Sullivan.

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ION Investment Group Acquires Trading and Risk Management Solutions Firm Openlink Financial

ION Investment Group Acquires Trading and Risk Management Solutions Firm Openlink Financial

ION Investment Group has signed an agreement to acquire trading and risk management solutions company Openlink Financial LLC from Hellman & Friedman.

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Critical Factors to Consider Before Selecting a Nearshore Location, Part 8: Governmental Agencies and Support

Critical Factors to Consider Before Selecting a Nearshore Location, Part 8: Governmental Agencies and Support

“There’s a marketing arms race,” says Johan Gott of AT Kearney. “Who can get their message out?”

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Auxis Is Helping Companies Blend Their Services Strategy and Robotic Process Automation

Auxis Is Helping Companies Blend Their Services Strategy and Robotic Process Automation

Companies in all industries and all locations are increasingly ...

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Critical Factors to Consider Before Selecting a Nearshore Location, Part 7: Connectivity and Infrastructure

Critical Factors to Consider Before Selecting a Nearshore Location, Part 7: Connectivity and Infrastructure

“You can probably get the bandwidth you need anywhere almost. It’s just a question of how much it’s going to cost.”

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Critical Factors to Consider Before Selecting a Nearshore Location, Part 6: Natural Disaster Risk

Critical Factors to Consider Before Selecting a Nearshore Location, Part 6: Natural Disaster Risk

Much of the nearshore is plagued with severe natural disaster risk aside from the largely spared areas of Trinidad and Tobago, Argentina, and Brazil.

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Critical Factors to Consider Before Selecting a Nearshore Location, Part 5: English Proficiency

Critical Factors to Consider Before Selecting a Nearshore Location, Part 5: English Proficiency

"We’re talking about U.S. companies,” says Sebastian Menutti of Frost & Sullivan. “So high proficiency in English is a requirement.”

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Europeans Are Ready for Biometrics and Trust Banks More than Other Firms to Safely Manage Data

Europeans Are Ready for Biometrics and Trust Banks More than Other Firms to Safely Manage Data

51% of consumers trust banks when it comes to managing their private data, the highest rate of any industry.

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Interview: Thrive Founder Kunal Sehgal Looks to Make Digital Lending More Efficient

Interview: Thrive Founder Kunal Sehgal Looks to Make Digital Lending More Efficient

"Advanced automation, AI, and machine learning will help banks provide better services for their customers," says Thrive Inc. founder Kunal Sehgal.

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50 Graduate from T&T IFC Global Business Services and Soft Skills Program

50 Graduate from T&T IFC Global Business Services and Soft Skills Program

In November, a class of 50 students graduated from the business process outsourcing (BPO) training program of the Trinidad and Tobago International Financial Centre.

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Critical Factors to Consider Before Selecting a Nearshore Location, Part 4: Service Specialization

Critical Factors to Consider Before Selecting a Nearshore Location, Part 4: Service Specialization

“When you’re not India ... then you have to really start prioritizing,” says Johan Gott of AT Kearney. “You really need to think about, ‘How is the niche that we are playing in better than anyone else’s?’”

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Critical Factors to Consider Before Selecting a Nearshore Location, Part 3: Talent Pool

Critical Factors to Consider Before Selecting a Nearshore Location, Part 3: Talent Pool

A nearshore location’s talent pool is second category analyzed in ...

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Critical Factors to Consider Before Selecting a Nearshore Location, Part 2: Business and Political Climate

Critical Factors to Consider Before Selecting a Nearshore Location, Part 2: Business and Political Climate

A country's tax code, regulations, and overall bureaucratic hurdles tend to be the top-line items that decision-makers look at.

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7 Critical Factors to Consider Before Selecting a Location in the Booming Nearshore Market

7 Critical Factors to Consider Before Selecting a Location in the Booming Nearshore Market

The benefits of outsourcing to the nearshore have convinced many companies that it’s better to look south than to the east.

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Site Selection Specialist John Hall Praises Trinidad and Tobago’s Finance and Accounting Outsourcing Potential

Site Selection Specialist John Hall Praises Trinidad and Tobago’s Finance and Accounting Outsourcing Potential

Trinidad and Tobago's talent is the key factor that can help it advance from “where you are today to where you would like be as a country," said Hall.

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SWIFT Transaction Leads to Money Laundering Charges Linked to Drug Trafficking Ring

SWIFT Transaction Leads to Money Laundering Charges Linked to Drug Trafficking Ring

Colombian authorities believe that Nieto is linked to a large drug-trafficking network that has been operating for more than a decade.

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7 Notable Trinis Showcase the Business, Science, and Tech Talent of Trinidad and Tobago

7 Notable Trinis Showcase the Business, Science, and Tech Talent of Trinidad and Tobago

Texas A&M professor Anthony Guiseppi-Elie, Massy CEO Gervase Warner, and climatologist Marilyn N. Raphael highlight the depth of the nation's skills.

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Stephen Bagnarol Takes Over as Scotiabank Head in Trinidad and Tobago

Stephen Bagnarol Takes Over as Scotiabank Head in Trinidad and Tobago

Stephen Bagnarol took over as the managing director of Scotiabank Trinidad and Tobago Limited last week.

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JPMorgan Chase Jumps Deeper into FinTech Game with Acquisition of WePay

JPMorgan Chase Jumps Deeper into FinTech Game with Acquisition of WePay

WePay will continue to operate as a standalone company and receive additional resources from JPMorgan Chase to continue to grow.

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Trinidad and Tobago Moves Up Two Spots in A.T. Kearney’s Global Services Location Index

Trinidad and Tobago Moves Up Two Spots in A.T. Kearney’s Global Services Location Index

TTIFC says this improvement "solidifies T&T's rising international status as a competitive and ideal location for finance and accounting BPO."

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Finance and Accounting Outsourcing: Industry Webinar on October 11 Explores FAO Journey

Finance and Accounting Outsourcing: Industry Webinar on October 11 Explores FAO Journey

This webinar will offer practical tips and real-world guidance on building third-party FAO relationships or migrating to shared services models.

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iQor Opens 600-Seat Contact Center in Trinidad and Tobago, Its Second Location in the Country

iQor Opens 600-Seat Contact Center in Trinidad and Tobago, Its Second Location in the Country

iQor COO Gary Praznik: ”The new facility affirms iQor’s commitment to Trinidad and Tobago as the ideal outsourcing option for the United States domestic market."

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Survey: Two-Thirds of UK Businesses Are Embracing FinTech

Survey: Two-Thirds of UK Businesses Are Embracing FinTech

The most popular reported use for fintech, with 32% of respondents, has been connecting with online lenders.

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RPA Implementation Proves Challenging – But Rewarding – for Insurance Companies

RPA Implementation Proves Challenging – But Rewarding – for Insurance Companies

As RPA successes add up for insurers, these early wins may be seen as just the first steps on an industry-altering journey.

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DECENT and Venaco Group Join Forces on Blockchain-SAP Integration Platform SophiaTX

DECENT and Venaco Group Join Forces on Blockchain-SAP Integration Platform SophiaTX

“Integrating blockchain with SAP and other business applications is inevitably the next frontier for blockchain,” says SophiaTX head Jaroslav Kacina.

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Mobile Wallet Usage Has Nearly Tripled Among U.S. Consumers Since 2014

Mobile Wallet Usage Has Nearly Tripled Among U.S. Consumers Since 2014

"What we are seeing is a tipping point regarding adoption," said Mark Ranta, head of digital banking solutions at ACI Worldwide.

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RPA in Action: Innovative Ways Five Financial Services Companies Are Using Automation

RPA in Action: Innovative Ways Five Financial Services Companies Are Using Automation

Companies are seeing that RPA saves time and money while reducing errors and creating opportunities. "We see this more as a highway for growth," says Juan Felipe Giraldo of Bancolombia.

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