News

Flybits and Its Contextual Experience Design Platform Help Financial Institutions Meet Their Customers’ Needs for Products, Offers, and Content

March 29, 2020 | Remember going to the bank? I do — kind of. It was always a hassle and nobody ever looked happy to be there.

Services Like Plaid Could Disintermediate Banks. Here’s What They Can Do About It

January 27, 2020 | Visa’s $5.3 billion acquisition of Plaid on Jan. 13 sent shockwaves through the financial community — and not just because of how much the credit card giant paid for the up-and-coming fintech (nearly double its previous valuation). The acquisition is the latest event in an ongoing paradigm shift that threatens to disintermediate banks and remove their interface with the customer for good.

What Factors Will Make Or Break Big Banks In Coming Years?

January 13, 2020 | Big banks kick off earnings season this week – Wells Fargo Securities senior analyst Mike Mayo discusses what we should be looking out for.

Banks Can Use Data-Driven Payment Perks To Encourage Smarter Shopping

January 7, 2020 | Banks can relieve some of the financial pressure that comes with periodic shopping spikes and build stronger customer relationships at the same time. By leveraging the customer data they already have, plus contextual data like ...

AI (Artificial Intelligence): What We Can Expect In The New Year

December 20, 2019 | As I covered in a recent post for Forbes.com, this year has seen notable breakthroughs in AI (Artificial Intelligence). They have included innovations about algorithms–like GANs or Generative Adversarial Networks–as well as advances in ...

How TD Canada Trust Is Personalizing Its In-App Experience

October 11, 2019 | As customers navigate through TD Canada Trust’s digital banking platform, the bank is looking to data analytics tools to make customer experiences more relevant. With reams of data on customer behavior, TD turned to Canadian ...

If You Haven't Learned These 6 Leadership Lessons, You're Limiting Your Success

October 7, 2019 | Teaching is one of the most selfless professions one can take on. Professors dedicate their lives to teaching others and raising the next generation of leaders in business, media, technology and more. In turn, there are many leadership lessons ...

Here Are LinkedIn’s Top Canadian Startups of 2019

September 4, 2019 | LinkedIn has shared its list of top Canadian startups for 2019, naming “the hottest Canadian companies to work for right now.” The second annual list, which featured 25 companies, included a number of startups that raised large amounts of ...

Contextual Data is Changing the Future of Banking

September 3, 2019 | The financial services industry has seen a great deal of disruption from digital-based alternatives. Many of these challengers use advanced technology and expanded data sets to offer apps that provide financial solutions at a lower cost, with less friction and greater personalization than traditional bank or credit union offerings.

AI (Artificial Intelligence) Words You Need To Know

September 7, 2019 | In 1956, John McCarthy setup a ten-week research project at Dartmouth University that was focused on a new concept he called “artificial intelligence.” The event included many of the researchers who would become giants in the emerging field ...

Flybits’ Hossein Rahnama: ’90 Percent Of Digital Transformation Budgets Are Spent On Managing IT Complexity’

August 27, 2019 | Banks talk about deriving insights from their customer data. They want to provide actionable automated advice to their clients but they struggle just wrangling the data together.

Flybits Nabs $35M To Build Consumer Recommendation Engines For The Financial Sector

July 16, 2019 | Financial service companies like banks have seen some of their business cannibalised over the years with the rise of digital-based alternatives — often in the form of apps — that provide lower fees, faster responsiveness and more ...

Supercharge Your Travel App With Context-Based Data

June 5, 2017 | Flying is as essential as ever, but is the experience getting better or worse? Recent news stories of customer service mishaps from United Airlines and American Airlines may have shaken passengers’ confidence, but there’s still ...

Why Businesses Keep Failing To Make The Most Of AI

May 31, 2019 | According to a PricewaterhouseCoopers study, 20 percent of executives plan to incorporate AI across their enterprises in 2019. Over the past year, countless organizations and Fortune 500 companies have boasted about their ...

Inside Toronto’s Fintech Revolution

May 9, 2019 | In just a few years, Toronto has transformed into one of the fastest-growing financial technology hubs in the world, according to a recent report from Toronto Finance International, researched and written by Accenture and McMillan LLP...

Ronald McDonald House Charities Toronto Helps Families Feel At Home With Flybits-Powered Mobile App

March 25, 2019 | It’s not every day that Toronto-based app maker Flybits finds itself in the kitchen of one of its clients making tacos. But then not every client is like Ronald McDonald House Charities Toronto (RMHC Toronto)...

Finovate Europe 2019: Interview With Flybits

February 21, 2019 | Flybits soars by merging scientific R&D with advanced creative thinking to deliver next-level customer experience solutions. Flybits’ mission is to apply the power of context to the digital world to create experiences that are as individualized as ...