A new law will allow entrepreneurs to equity crowdfund from anyone with the cash and the interest. Crowdfunding is really big and it’s only going to get a whole lot bigger. If you’ve been skeptical of all the crowdfunding buzz, consider this: By the end of 2014, crowdfunding is estimated to add at least 270,000 jobs […]
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The database is part of the government’s “Open Payments” program. Scores of doctors’ groups have called for postponement, but the Obama administration intends to stick to its 30 September deadline for making public a database detailing payments and gifts from the drug industry to US physicians, a spokesperson for the US Centers for Medicare & […]
Many of us now receive payments as well as make payments. Ross Dawson: Last week I gave a keynote on The Future of Banking to a group of the most senior risk leaders in a major bank, sharing some provocative ideas on how the banking landscape may change in the years to come.
Amy Norman and Stella Ma started pitching investors on their San Francisco-based startup, Little Passports, in 2009. Both women had young children and Norman was pregnant. The overwhelming majority of the investors they met with were men who wanted to know “if we were running this as a ‘lifestyle company,’” Ma recalls. Investors passed and word […]
Cignifi relies solely on mobile phone behavioral data. Financial institutions, in the developed world, use credit history in order to assess a person’s creditworthiness and subsequently issue them financial products at personalized terms.. Unfortunately, that’s difficult to do in emerging markets, where mobile phones are more prevalent than traditional credit history.
Poverty and homelessness on the rise. Is it time for Basic Income? The idea of Basic Income has been endorsed by economists from a variety of political camps, but has always seemed more of a distant dream than a reality. Productivity and standard of living increases made Basic Income practical and logical.
For high-tech workers in San Francisco, the average annual wage rose to $156,518 in 2013, up almost 19 percent from the year before. That ranked the city No. 1 for high-tech wage growth out of 34 markets nationwide, according to Bureau of Labor Statistics data crunched by JLL, a commercial real estate services firm.
The Sense sleep tracking device has been backed by angel investors and crowdfunding campaigns. Wall Street Journal’s Evelyn Rusli reports that startups are tapping new sources of early-stage funding, including ad hoc networks of wealthy tech executives doing some investing on the side, and that should give some big venture capital firms pause. Twenty-three year old entrepreneur James […]
One hundres dollars goes further in some states than others. A map released by the Tax Foundation, via Elliot Turner, shows the relative value of $100 in every state compared with the national average using the data from the Bureau of Economic Analysis.
Futurist Thomas Frey: The year is 2024. It seemed like a piece of nostalgia to open a new bank account and get a free toaster, but this wasn’t any ordinary toaster, and it certainly wasn’t any ordinary bank. The new Internet of Things Toaster was one of the coolest gadgets of all times, and the […]