Digital insurance platform CoverWallet, an Aon company, has unveiled a new offering for growth companies that have received venture capital (VC) investments, according to a Monday (Aug. 3) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
When it comes to payments in commerce, what — and who — you don’t know can hurt you. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
In a study of Global Positioning System (GPS) technology, researchers found that loss of the service would have an impact of $1 billion per day per an approximate estimate. The National Institutes of Standards and Technology sponsored the study, which was performed by RTI International...
Risk has rewards in all parts of life, but especially in business, where shrewd risk-taking and planning accrues to the bottom line. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
President of Chinese financial investment platform Phoenix Finance believes the nation’s FinTech companies pose “a very big risk.” Vince Zhang spoke at CNBC‘s East Tech West conference in China, saying that many of the country’s tens of thousands of FinTech firms don’t have the controls...
Understanding risk, particularly its sources and how to most effectively manage it, is one of the most fundamentally important topics in payments for those who provide services and those who use them. It is also, according to WePay Co-Founder Rich Aberman and WePay VP of...
Farming has always been about risk. Bad weather, infestation, speculation: Such factors can not only mean survival or failure for farmers, but impact food prices and the larger global economy without any effort at hedging or risk management. That’s to say nothing of the risk...
If there is a lesson for American businesses to learn from Brexit, it’s this: if a business has operations overseas, it needs to be attuned to the ebbs and flows of the FX market — or risk losing profits. Get the Full Story Complete the...
A U.S. company holding money in euros is at constant risk of losing money: If the FX rate between the euros and the greenback falls, so do their profits. Political and economic factors, such as the Brexit vote or a lapsed loan between banks in...
