Tag Archives: fintech

Bitpay Sues Insurer After Denied Cyber Claim for Spearphishing

In December, BitPay, one of the leading BitCoin payment processors, was the victim of a social engineering attack. Continue reading →

New Relationships in the Financial Sector – and New Loyalties

Uber seems to have become the poster child for disintermediation and disruption. The app has eliminated the need to stand on a street corner waiting for a cab. No need to hand over any cash. No need for a wallet; … Continue reading →

Insuring Bitcoin

The insurance market will not insure the value of bitcoins. But insurance can play a vital role in helping make the virtual currency a safer investment overall. Continue reading →

Convenience is Banks’ Secret Weapon in War with Silicon Valley

Tuxedo banking

Regional and community banks haven’t lost to Silicon Valley – yet. But they face some serious challenges. Unexpectedly, the desire for convenience may be today’s banks’ biggest advantage in the coming battle with Internet start-ups. Continue reading →

Getting Hitched to a Tech Company, Without Regrets

tech-banking marriage

Technology creates strange bedfellows. This is particularly true for financial institutions of late. Continue reading →

A Risk and Insurance Christmas Carol

Modern Ebenezer Scrooge

In Charles Dickens’ classic, A Christmas Carol, we join a forlorn Ebenezer Scrooge on a journey across his past, present and future. This timeless tale shows us that a lack of perspective, perception and reflection can set us, and those … Continue reading →

Bitcoin: Impossible to Insure?

bitcoin hacking incident

Virtual currency may be an inevitable part of our increasingly virtual world, but that doesn’t mean insurance companies have to like it – or insure it. Insurers are comfortable with what they know – with what they can measure and … Continue reading →

Millennials: Creating Alternatives in Asset Management

millennial money matters

My last post was about how Millennials are changing how we bank. Since then Applepay and SnapCash have arrived, more evidence of banking disintermediation. But it’s not just banks; Millennials are also driving disintermediation in asset management that is changing how … Continue reading →

Millennials – Changing How We Bank

phone-credit-card-jeans

Banks must evolve and tailor their service platform for the huge Millennial demographic--or face the disintermediation experienced by other industries. Continue reading →

Big Data for Banks: Friend, or Foe?

big-data

While the jury is still out on the matter, a realistic answer at the present time would most probably be “both”. In this blog, I will explore and share the rationale for why this is so and how to manage … Continue reading →