Mobile banking innovation goes through the Congo.

Mobile banking innovation goes through the Congo.

That’s right, the Democratic Republic of Congo (DRC); ranked 151 out of 159 on the Global Freedom Index, home to the bloodiest war on Earth since World War II (The Second Congo War) and generally viewed as a corrupt nation that permits horrific child labor practices. It’s also the dominant global producer of cobalt, an essential element in making the lithium ion batteries used in mobile phones (including Apple products). Currently, ...

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Citizen Ray

Citizen Ray

We aren't sure what to make of this Wall Street Journal story (subscription) discussing Bridgewater Associates' attempt to transform Ray Dalio's brain into a software tool that governs how employees should spend each moment of their day. Mr. Dalio's 123-page meditation on radical transparency, life and management principles has been widely read on Wall Street as has his view on the economic machine that governs markets.

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Munich Re and young insurance start-up cut a deal.

Munich Re and young insurance start-up cut a deal.

In the reinsurance world, Munich Re is a großen hund (big dog); Next Insurance is a Silicon Valley start-up founded and seeded this year by three guys with an idea. What’s the deal? The answer lies in Next’s focus on delivering quick and easy insurance to small businesses in niche markets.

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Health care insurance disrupted visually.

Health care insurance disrupted visually.

Even though we are fintech focused, we harp quite a bit on health care because we believe health care not software is eating the world  —  in a bad way. Plus, there’s increasing overlap between the two sectors as fintech innovation marches toward mainstream acceptance.

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The state of global insurance innovation in one handy graph.

The state of global insurance innovation in one handy graph.

We love the old adage ‘the right graph is worth a thousand white papers.’  If you are sympathetic to that perspective and/or you just don’t have an extra five hours to read a full white paper on the state of insurance innovation, we’d suggest you check out the graphic below. Given that it was produced by the UK’s Oxbow ...

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This medallion makes a whole lot of veal.

This medallion makes a whole lot of veal.

If you have any kind of Wall Street credential on your resume, you probably won’t get hired at Renaissance Technologies or be able to own a piece of its flagship fund, Medallion. So who does this 300 person, Long Island fund hire? Astrophysicists, ex-IBMers, PhDs and assorted other folks who create Feynman diagrams for fun. And why do they want to work there? 

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AirBnb needs to book a room in a town called Authenticity.

AirBnb needs to book a room in a town called Authenticity.

This week, Morgan Stanley contradicted a report by research firm STR and made a bold claim: AirBnb will clip growth in hotel revenues by 80% more than previously thought. AirBnb’s response: “We've long believed that for us to win, no one has to lose...There's no question that travel and hospitality will continue to grow and that's good news for everyone." Hey AirBnb, ...

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