Forbes: This Startup Is Creating A Real-Time Data Map Of The Global Economy. BlackRock And PayPal Are Buying It

By Antoine Gara, Forbes How much did the federal government shutdown cost? After 35 days of deadlock, $6,354,845,148 in wages had gone unpaid to 747,573 federal employees. Every second that ticked by added $2,118 to the figure. Some staffers were furloughed; many more worked without pay. At the Department of Homeland Security, for example, some…

AIG looks to the Fintech Innovation Lab as it continues to sharpen risk intelligence

By Rob Bauer, AIG The biggest change to risk management in the last three to five years is the power we’ve developed to know more about risks than ever before. It also links directly to why AIG is looking forward to working with the insurtechs chosen to join this year’s Fintech Innovation Lab. At AIG…

Technology, industry and funding opportunities spark the first insurtech track of the FinTech Innovation Lab

By John Cusano, Maria Gotsch and David Treat The insurance industry is in the midst of a technological transformation. According to Accenture’s 2017 Technology Vision for Insurance, 87% of insurers believe that technology is advancing at an exponential rate and 86% say they must accelerate innovation just to maintain a competitive edge. At the same…