Remove 2002 Remove Innovation Remove Marketing
article thumbnail

The effects of subsidised flood insurance on real estate markets

BankUnderground

To ensure the availability and affordability of flood insurance to households in flood-prone areas, the UK Government introduced an innovative reinsurance scheme, Flood Re, in April 2016. million properties built before 2002 and sold multiple times. Nicola Garbarino, Benjamin Guin and Jonathan Lee 5.2

article thumbnail

Mastercard, Rockefeller Foundation Launch Online Data Platform For Non-Profits

PYMNTS

They intend to build on the legacy of the original DATA.org website—launched in 2002. The philanthropy organizations also revealed today a $10 million “impact challenge” to crowdsource data science initiatives and solutions for organizations in the non-profit, civic, and government space.

Data 199
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Curinos publishes update to “Competition Drives Overdraft Disruption” study, predicting consumer savings of $28B from 2021 to 2025

CFPB Monitor

As has been previously reported by the CFPB through a blog post and two December 2021 overdraft reports , which we previously blogged about here and here , many banks have announced innovations and policy changes in the past year to enhance their overdraft programs and reduce consumer harm.

Study 78
article thumbnail

Former Worldbank CEO On ClearBank’s New Core Banking Infrastructure And Driving FinTech Innovation

PYMNTS

that he sold to RBS in 2002. Ogden said what sparked the idea for ClearBank was the perfect storm of market consolidation in the U.K. that resulted in the reduction in the number of clearing banks to four, the incredible rise in FinTech innovation in the U.K. When you’ve only got a market in the U.K.

article thumbnail

Why Digital’s 3.0 Shift May Take Longer Than We Think

PYMNTS

Innovators with better tech will appear and — literally overnight — snatch your customers out of your calcified incumbent arms and build scale, they say. Especially if any of those innovations touched the physical world. These innovations would usher in digital’s 2.0 Not to mention the time it would take to do it. Digital’s 2.0

article thumbnail

How Banks Can Better Use Grid-Based Pricing

South State Correspondent

Community banks can maximize profit and increase loan balances using innovative grid-based pricing for their commercial clients. The graph below shows the Fed’s balance sheet from 2002 to the present. The Fed is reducing its balance sheet by $95B/mo, or $1.1T

article thumbnail

IBM again a Leader in Gartner Magic Quadrant for Integrated Risk Management

Insights on Business

IBM RegTech Innovations. When IBM acquired OpenPages in 2010, it was widely recognized as a pioneer and market leader in governance, risk and compliance software. Since the acquisition in 2010, IBM has continued to drive innovation and leadership in risk and compliance and industry leaders have taken note.