Steven J Hatton

Mar 21, 2024 | finextra.com | Kaustuv Ghosh |James Barker |Eldad Tamir |Steven J Hatton

Insurance is, in theory, one of the most virtuous concepts on earth. It is a natural extension of – or even an improvement on – social security. Everyone pays a small contribution so that when an unlucky event happens to one person, we all contribute to helping them.In that sense, insurance is all about caring and protecting people so that we can live our lives to the fullest. And yet, insurance as we know it today is broken. People tend to distrust insurance – no one likes thinking about it.

Mar 20, 2024 | finextra.com | Richard White |Richard Bennett |Riaz Syed |Steven J Hatton

When the going gets tough for commercial lenders, the tough get diversifying. In challenging macroeconomic conditions, there’s no guarantee your traditional customer base will weather the storm. But do you have the innovative digital technology you need to move into new markets? Some regional banks in the U.S. have already suffered the consequences of keeping most of their lending eggs in one basket.

Mar 10, 2024 | finextra.com | Steven J Hatton |Eldad Tamir |Quentin Colmant |Brad van Leeuwen

The pursuit of 100% objectivity in financial services is fraught with challenges. The complexity of the finance world often blurs the lines between transparency and objectivity. While transparency offers open access to financial data for informed decision-making, it doesn't automatically ensure objectivity. Objectivity demands unbiased, fact-based financial reporting and decision-making, a task complicated by individual biases, risk tolerance, and investment goals.