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But Wonga is growing fast thanks to slick technology and clever algorithms that analyse masses of data, including how much time customers spend on its website.
Costs were certainly removed – but benefits for customers did not appear in the form of strong investment in, say, slick technology to make banking easier.
Improving outcomes and decreasing costs for the sickest patients will take more than slick technology and a friendly interface — it will take close coördination with providers, adjustments to how they are compensated, and system-wide changes in clinical practice.
Seriously slick technology.
But NoWonder.com hopes to cash in with its tech community of 4,000 or so by adding some slick technology and recruiting well-respected tech consultancies and software vendors to participate.
"Both Checkr and OnFido are nothing more than a slick technology workflow on top of the same old background check as has been done for decades," he argues, discussing other startups in the ID verification and screening space.
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First, give your company a slick name that says nothing about what you do, like "Slick Technologies" or "Digital Goose Inc".
Slick new technology doesn't solve a problem or cure a disease on its own.
Rather slick engineering, that.
Maybe too much slick engineering.
It's a solid mission, and that along with its savvy investor team and slick-looking technology should make PICT a good company to watch.
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