It’s been two years since I started my first post on dailyfintech.com with, “Hardly anyone would argue that change and innovation are not necessary in insurance. The $5 trillion global insurance industry is large, complex and capital intensive. With various relatively untapped market segments and under-penetrated world regions, the onset of PE/VC investments did herald…
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Here is our pick of the 3 most important stablecoin stories during the week. CBDC’s, Hacks and Wrappers!! This week was busy in a number of areas as Innovators keep pushing the envelope and have various slip ups as sloppy code or design are exposed. First on the CBDC front, The Reserve Bank of India (RBI)…
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I would come back from selling custom software solutions in the City Of London in the 1980s understanding very little. Most customers were not as kind as the man who explained the Gilts market to me. They would rattle on about some new derivative and expect me to understand. Eventually I did understand, but only thanks…
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FrontPage is an expert-curated news service, with clickable news headlines plus a 250 character commentary – news you can trust from experts who have walked a mile in your shoes. Front Page Weaver meets a need in the market because most news services are written by overworked journalists who add very little value beyond the…
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Fast forward to 2140, when all 21 bitcoins are in circulation, what will happen to the network? Will miners continue to secure the network when the reward goes away? The Bitcoin network was created around the principle of controlled supply —only a specific number of Bitcoins are minted each year until the total number of…
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Do regulators really understand what they are doing? Last weeks market shenanigans were a real sight to behold. The story that shook me was the fact that the rapid rise in interest rates as a result of market overreaction to the economic change of direction signalled had cause interest rates to rise rapidly. We then…
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Here are the most relevant developments in the world of structured reporting we became aware of in the course of last week. 1 What needs to be done on data quality? FRC reviews first mandatory ESEF year The FRC Lab, part of the UK’s Financial Reporting Council (FRC), has released a valuable analysis drawing out…
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Lloyd’s Lab announced the companies that join its ninth cohort in its ten-week program, from over 120 applications received. The selected teams won the adulation of an expert panel when presenting their ideas for insurance products and solutions for natural catastrophes, energy and construction. The selected solutions were geared towards new products that help the…
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Here is our pick of the 3 most important stablecoin stories during the week. CBDC or Stablecoin or Both?? It seems to me that a major tussle is about to break out between Central Bank stablecoins (or CBDC’s) and privately issued coins such as Circle or Tether. Will the Regulators give themselves a prime seat at…
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In the dire economic climate of the late 1970s, after selling encyclopaedias to American soldiers in Germany, I started looking for the type of work that college graduates are supposed to do. The conversations went like this: Me: “I got a 2.1 in History from Oxford” Employer (stifling a yawn): “Yes, what else have you…
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