According to the Financial Times, “Some of the world’s biggest banks have spent billions of dollars settling corruption allegations with justice authorities in recent years. HSBC paid nearly $2bn and BNP Paribas nearly $9bn to the US authorities over accusations … READ MORE
COMMENTS [ 0 ]Lloyd’s of London is a 330-year-old insurance market where brokers may still queue up to meet with underwriters face-to-face, where much work is still done on paper, and where, by its own admission, “modernisation and use of technology and data … READ MORE
COMMENTS [ 0 ]I talk to a lot of startups and most have little idea about how journalism works (or worse, as in the case of HQ Trivia, they have terrible ideas). But positive coverage in a respected publication offers visibility and credibility … READ MORE
COMMENTS [ 0 ]Verification of customers and counterparties is vital in financial services. Identity defines and permits the relationship between financial services providers and their clients. But, according to the World Economic Forum: “Current identity systems are limiting Fintech innovation as well as … READ MORE
COMMENTS [ 0 ]Founded in 2014, Prattle produces tradable signals by analyzing global central bank communications using a domain-specific linguistic algorithm in real time. Communications can include press releases, meeting minutes, speeches, papers, and more. Built to treat central bank content and communications … READ MORE
COMMENTS [ 0 ]The use of an umbrella to represent coverage and protection has a long history among companies in the insurance industry. Brolly was the latest, until Travelers bullied them into changing their logo. Co-founded in 2016 by Phoebe Hugh, Brolly is … READ MORE
COMMENTS [ 0 ]Every week seems to bring the announcement of another accelerator for financial technology startups. But I was particularly interested to read that French software company Dassault Systemes will sponsor a FinTech accelerator in London later this year. Called the 3D FinTech … READ MORE
COMMENTS [ 0 ]Springfield, MA-based Massachusetts Mutual Life Insurance Company is launching a venture capital firm to invest in startups that will help the company improve its life insurance, disability, annuity, long-term care, retirement plans, and investment businesses. MassMutual Ventures LLC will receive … READ MORE
COMMENTS [ 0 ]In lieu of a post this morning, I offer you a link to my thoughts on what is needed to move the Boston FinTech community forward, as published in the Boston Business Journal.
COMMENTS [ 0 ]Named for the famed Italian explorer who also lent his name to two continents, Amerigo Capital Analytics is a French start-up developing analytic tools and models to help institutional investors understand and evaluate US mortgage real-estate investment trusts (mREITS). A … READ MORE
COMMENTS [ ]“If no one seems to understand, start your own revolution and cut out the middleman.”
“I’m not even sure what I want, but that’s not the point – it’s that I want it now.”
“Whenever the old gives way to the new, everybody with vested interests in the old starts crying that the world will stop. There aren’t many people with vested interests in the new.”
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.”
“All you need in this life is ignorance and confidence, and then success is sure.”
Offering a two-sided digital diligence platform for asset managers and asset allocators, @DiligenceVault seeks B2B marketing lead in NYC: https://j.mp/2xd3ppT #FinTech
As the EPA announces policy changes that will increase air pollution, note that a new study links higher air pollution levels to higher coronavirus death rates: https://j.mp/2XiXmdX
Staples, which destroyed the independent stationery stores you used to see on Main Street, begins stiffing landlords: https://j.mp/2y2g6UI Via @danprimack. Sycamore Partners took a dividend of $1B out of Staples last year.
Who are Alden Global Capital's LPs? https://j.mp/2yEuPp3
Some employers move quickly to suspend matching contributions to 401(k) plans. https://j.mp/3c7dbJ9 Only 75% of those doing so during the financial crisis reinstated contributions shortly thereafter.
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