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howardtolman @ Daily Fintech 1 place · 09/30/2022 01:30 EDT

Alt Lending week ended 30th Septermber 2022

The over valued dollar and what the impact will be. As far as lenders are concerned the only story worth talking about at the moment is the current and completely unjustified strength of the US dollar against practically every other currency. Of course in the UK and the Eurozone there are other complicating factors  which ... Read more ›

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Daily Fintech
Christian Dreyer @ Daily Fintech 2 place · 09/29/2022 06:00 EDT

XBRL News about sustainability

Here are the most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  Call for tenders – developing the XBRL taxonomy for the first set of ESRS ​The Corporate Sustainability Reporting Directive (CSRD) requires the adoption of EU Sustainability Reporting Standards (ESRS) to be developed by EFRAG. In ... Read more ›

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Daily Fintech
rintupatnaik @ Daily Fintech 2 place · 09/29/2022 01:00 EDT

Workers Comp Makeover: Pay-as-you-go, digitization, loss control

Workers’ compensation (WC) claims can significantly dent a business’s productivity and margins. Out-of-work employees coerce company leaders to manage with inadequate workforces while training replacement staff and augmenting employee safety. The average cost for a WC claim is $41,003. A leading WC risk is ergonomics-based incidents, including manual material handling and repetitive upper extremity movements ... Read more ›

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Daily Fintech
Alan Scott @ Daily Fintech 2 place · 09/28/2022 05:00 EDT

Stablecoin News for the week ending Wednesday 28th September.

Here is our pick of the 3 most important stablecoin stories during the week. Are Crypto and Stablecoins used primarily for bad things? We keep hearing how everything Crypto is all just bad.  Bad for Climate, Money Laundring, Drugs, Pornography, its a long list. Well this week I just happened to go down the Russia rabbit ... Read more ›

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Daily Fintech
Ilias Louis Hatzis @ Daily Fintech 1 place · 09/26/2022 01:00 EDT

What happens when your exchange rips you off?

This week’s post was inspired by “What happens when the bank robber is the bank,” an article posted by Chris Skinner last week. He’s talking about the situation in Lebanon where people are robbing their banks to get their own money. Let me start with a couple of stories. EminiFX was an online investment platform ... Read more ›

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Daily Fintech
Christian Dreyer @ Daily Fintech 1 place · 09/22/2022 06:00 EDT

XBRL News from Iran and Europe

Here are the most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  Banks set to adopt XBRL for financial reporting The Central Bank of Iran is to announce XBRL (eXtensible Business Reporting Language) standards for financial reporting by banks. According to the CBI governor Ali ... Read more ›

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Daily Fintech
howardtolman @ Daily Fintech 2 place · 09/22/2022 01:30 EDT

Lending Daily Fintech Week Ending 22nd. September 2022

The Daily Fintech Week Ended 23rd. September 2022 The Pound is supposed to have sunk? What surprises me here is the way this event is reported by the British press. The pound is weak against the dollar and a number of other currencies but it is the strength of the dollar that is the real ... Read more ›

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Daily Fintech
rintupatnaik @ Daily Fintech 3 place · 09/22/2022 01:00 EDT

Intangibles Insurance: Immense Potential, Emerging Options

In this 4th Industrial Revolution, platforms have supplanted traditional companies as wealth creators while intangible assets have replaced heavy machinery. Comprising 90% of S&P 500’s $28.94 trillion market value, intangible assets present an immense, largely untapped opportunity for insurance industry to develop new and complementary products and services. Currently, the industry offers intellectual property insurance ... Read more ›

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Daily Fintech
Christian Dreyer @ Daily Fintech · 09/21/2022 17:35 EDT

XBRL News from Iran and Europe

Here are the most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  Banks set to adopt XBRL for financial reporting The Central Bank of Iran is to announce XBRL (eXtensible Business Reporting Language) standards for financial reporting by banks. According to the CBI governor Ali ... Read more ›

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Daily Fintech
Alan Scott @ Daily Fintech · 09/21/2022 05:00 EDT

Stablecoin News for the week ending Wednesday 21st September.

Here is our pick of the 3 most important stablecoin stories during the week. How much interest is there in stablecoins? Interest rates are returning to Financial Markets and with it comes extra income for the existing private stablecoin issuers, in the meantime interest as in focus seems to be waning in the CBDC or Central ... Read more ›

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Daily Fintech
Ilias Louis Hatzis @ Daily Fintech 1 place · 09/19/2022 01:00 EDT

DAOs are the future VCs

I was just reading an article in Techcrunch about Orange DAO, a decentralized autonomous organization founded by alumni from YCombinator that raised $80 million to invest in early-stage startups. The organization has roughly 1,300 members and in the last nine months has invested in 90 startups. A DAO (“Decentralized Autonomous Organization”) is a blockchain-based structure ... Read more ›

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Daily Fintech
Christian Dreyer @ Daily Fintech 1 place · 09/15/2022 06:00 EDT

XBRL News about pay vs performance and ESG data standards

Here are the most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  SEC adopts inline XBRL for Pay vs Performance disclosures The US Securities and Exchange Commission (SEC) has published its final rule on Pay Versus Performance, introducing digital disclosures in Inline XBRL. These comprise ... Read more ›

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Daily Fintech
rintupatnaik @ Daily Fintech 2 place · 09/15/2022 01:00 EDT

MS&AD blends Social & Digital (CSV x DX) plays into global ambitions

Despite a challenging backdrop, large commercial (re)insurers realized approximately $200 billion in top-line growth over the last decade. The scale of growth provides optimism for this decade. Some estimates put top-line growth of up to $600 billion by 2030 through new customers (particularly in fast growth markets), a hardening market, well-targeted technology investments, strategic partnerships, ... Read more ›

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Daily Fintech
Alan Scott @ Daily Fintech 2 place · 09/14/2022 05:00 EDT

Stablecoin News for the week ending Wednesday 14th September.

Here is our pick of the 3 most important stablecoin stories during the week. How much can having your own stablecoin be a competitive advantage? It seems if you’re an exchange or even a country, quite a lot is the answer.  This week we saw the emergence of stablecoins as a tool to attract, hold and ... Read more ›

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Daily Fintech
Ilias Louis Hatzis @ Daily Fintech 1 place · 09/12/2022 01:00 EDT

The Cookie is dead, long live the NFT

As we get into the swing of things after a beautiful Greek summer, I thought I’d touch on a topic that has been on my mind for some time now. Fifteen years ago, adtech was near and dear to my heart and today I will talk about how crypto may save the day in an ... Read more ›

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Daily Fintech
Christian Dreyer @ Daily Fintech 1 place · 09/08/2022 06:00 EDT

XBRL News from the US, India and the ISSB

Here are the most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  Struggling to nab a federal contract? The SBA just made things a little easier If you’ve struggled to win federal contracts before, the Small Business Administration last week promoted two measures aimed at ... Read more ›

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Daily Fintech
rintupatnaik @ Daily Fintech 2 place · 09/08/2022 01:00 EDT

Cloud Data Combats Cyber Insurance Conundrum

The current reality is that costs of suffering cyberattacks continue to climb while the ability to insure against a possible cyber disaster diminishes. The cyber insurance gap is widening, with many businesses either uninsured or underinsured against a rising tide of cyber threats.  A typical data breach could cost the average organization $2.4 million for ... Read more ›

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Daily Fintech
Alan Scott @ Daily Fintech 2 place · 09/07/2022 05:00 EDT

Stablecoin News for the week ending Wednesday 7th September.

Here is our pick of the 3 most important stablecoin stories during the week. How rogue should your stablecoin be? While we wait for CBDC’s that may never arrive, should we be putting faith in designs that try to accommodate regulators or should we be preparing to live “off grid” as much as possible?   First, the ... Read more ›

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Daily Fintech
Ilias Louis Hatzis @ Daily Fintech 1 place · 09/05/2022 01:00 EDT

Banks want happy crypto campers

Small banks are facing intense competition from their big rivals and to compete effectively and win they need a smart strategy. If they try to fight toe to toe with the giants, they will be overpowered and outspent. So, how do they prevail? They need to think like David. Just like startups move faster than ... Read more ›

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Daily Fintech
howardtolman @ Daily Fintech 1 place · 09/02/2022 01:30 EDT

Alt Lending Week Ending 2nd Septermber 2022

Bank of England’s Clear Failings Liz Truss looking set to be the UK’s next Prime Minister intends to review the Bank inflation target. Not a bad idea if you meant to judge things on results. I still don’t understand why anyone is surprised that when you appoint a serial underperformer they underperform in the next ... Read more ›

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