There’s a double-barreled threat pointed toward financial institutions, and now warnings are increasing about shadow banking. Meanwhile, there are moves afoot to remove friction from insurance, especially for SMBs. Danger lurks also when it comes the need for housing for vital professionals, but digital technology could help solve that problem. And there is the new risk that a ridesharing pioneer could be left behind by investors.
Data:
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$100 billion: Uber’s estimated valuation.
$52 trillion: Estimated global market size of the shadow banking industry.
10 percent: Down payment assistance offered to teachers by Landed.
40,000: Number of U.S. independent insurance agencies.
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91 million: Number of consumers who use Uber’s platform.
See More In: Commerce, danger, data, Digital Technology, friction, Insurance, News, payments, Ridesharing, Security, shadow banking, threat, Today in Data, Uber