Where Has All the Data Gone?

In today’s financial services organizations, 90 percent of the data stored is never accessed. That’s a lot of data gone missing that could offer unique insight into how to improve operational performance and generate new revenues.   Many financial services organizations do not possess the foundational technologies needed to analyze data properly. Here is a short list of weaknesses that plague many organizations: Core computing infrastructure Network and data security Management commitment to be data centric Qualified data scientists Corporate-wide analytical software   Those who follow Gartner’s Hype Cycles (how a technology or application will evolve over time) know that…

A View from the Mentor’s Chair – TAG Fintech’s Innovation Challenge

The Technology Association of Georgia’s (TAG’s) 2019 Fintech Innovation Challenge is in full stride. The month-long competition showcases some of Georgia’s newest companies and innovators in the FinTech space, offering the resources and opportunity to grow these startups into larger businesses.   Atlanta-based Porter Keadle Moore (PKM), an accounting and advisory firm, has been involved with the program since its inception, with several team members serving as mentors to companies selected to participate. These mentors work behind the scenes, lending their advice and expertise as well as guiding the companies through the process leading up to the Pitch Night competition…

Want to Vet a Business Idea? Why Not Run It By the Buyers?

Run it by the Buyers (RIBTB) events, organized by FinTech Atlanta, convene large Georgia-based corporations and early / mid-stage fintech companies around a particular industry theme. The stated intent is to focus on key industry issues, opportunities, and challenges, with the goal of fostering commercial collaboration between large corporations (Buyers) and promising young fintech companies building innovative new products, solutions, and services (Sellers).   The events are designed to support a key tenet of FinTech Atlanta’s Fund & Innovate Work Group, which is to establish and sustain the ‘Entrepreneurial Virtuous Cycle’ that helps innovators align Product-Market-fit more efficiently and effectively…

Fifty Thousand Reasons to Innovate in Georgia

This week marks the kickoff of the Technology Association of Georgia’s fifth annual Fintech South Innovation Challenge. The winner will walk away with a non-dilutive $50,000 cash prize – if there’s a bigger award being offered in any similar US competition, we’re unaware of it. Perhaps more importantly, the winner – as well as other standout participants – will benefit from significant exposure to key players across the spectrum of Georgia’s thriving fintech ecosystem and admission into the prestigious fintech catalyst ‘Accelerate’ program at Georgia Tech’s Advanced Technology Development Center (ATDC).   The four-week program includes a crash course in…

Georgia’s Emerging Blockchain Beachhead

The first-ever study of Atlanta’s blockchain ecosystem was released at the Technology Association of Georgia’s annual TAG Summit event in mid-February. The Technology Association of Georgia (TAG) and Georgia Tech’s Scheller College of Business collaborated on the Blockchain Ecosystem Flash Report, authored by myself (on behalf of TAG) and Nishant Dass, Associate Professor of Finance at Scheller and Founder of The Blockchain Roundtable.   Ten years have passed since the launch of Bitcoin, which is the highest profile (and in the eyes of many, the most advanced) use case to date of blockchain technology. The Atlanta area company Bitpay was…

Calling All Georgia Innovators- The FinTech South Innovation Challenge Wants You!

Applications are now open for the 2019 FinTech South Innovation Challenge. Now in its fifth year, this four-week event offers the largest prize among US FinTech startup competitions – $50,000 in cash – and at least as importantly, a pathway to massive exposure across Georgia’s leading FinTech ecosystem and beyond.   The program consists of three weekly sessions providing expert instruction from nationally recognized industry experts on critical startup skill sets such as fundraising, public relations and regulatory compliance. For example, Sean Banks – partner at TTV Capital, a leading Atlanta venture capital firm – will lead the session on…

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