October 2018 Blog Posts (27)

Bedtime Data Stories

Bedtime data stories are telling stories about data with data.

Have you ever asked yourself, “Why bedtime stories?”. Maybe you grew up with them and you have kept up the tradition. Maybe you understand they are good for your child’s development, in particular their vocabulary, comprehension and the development of their creative brains. If so, you would be right as…

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Added by Bryan Whitefield on October 30, 2018 at 11:59pm — No Comments

How to be a Grandma Identity Thief Murderer

Lois Riess is a woman from Minnesota who police say shot her husband, went on the run, and then killed a woman in order to take on her identity. Here are some shocking facts about her:

Riess Looked Like her Victim

The woman Lois Riess killed, Pamela Hutchinson, looked like her. This is why Pamela lost her life. When the body was found, police said her ID, credit cards, cash, and car was gone. Police put out an arrest warrant for Riess, and…

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Added by Robert Siciliano on October 30, 2018 at 4:02pm — No Comments

All you need to know about the new laws of TDS On Rent

Of course, we all wait eagerly for the budget every year. Most of the time it brings a big smile to our face or sometimes it takes our anxieties to the toughest level. Some new laws have been introduced in the last year budget. Section 194-IB is the example of such debutante. Earlier, there was only one section that has brought the rent under the umbrella of TDS and it was section 194-I. Now, the most wondering thing is why would section 194-IB brought in when section 194-I was already…

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Added by Jatin Kapoor on October 30, 2018 at 7:38am — No Comments

via Uncertainty

via Uncertainty

Have you ever experienced uncertainty? I think most of us have, except those lucky souls who can control/manage future through quantifying mathematical equations, generally referred as risk managers. Uncertainty is a state of being unpredictable, volatile, stressful, random, disorderly, unstable, summing up into everything which moves us away from our…

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Added by Majid Mumtaz on October 25, 2018 at 3:04pm — No Comments

Did Walmart just "steal" Flipkart with acquistion ?

The Big Buyout

May 10, 2018, brought a wave of joy, excitement, and buzz for a little Bengaluru based company named Flipkart maybe you have heard about them somewhere. The news of a $16 billion acquisition of the e-commerce brand by Walmart, world's biggest retailer, echoed all over India. This deal solidified the stance of Walmart in India by becoming the country's largest acquisition deal and also the world's largest purchase of…

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Added by Jatin Kapoor on October 25, 2018 at 1:00pm — No Comments

Can brands Trademark Common Phrases?

One of the biggest companies in the world, Proctor & Gamble, thought that they could trademark common millennial internet lingoes such as LOL, WTF, and FML. Apparently, the brand thought this would help attract young customers and help the brand restore its lost market share. As bizarre as the marketing strategy sounds, it’s a debate for another day. However, this does raise an interesting question of whether brands can trademark commonly used phrases and…

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Added by Shankar on October 25, 2018 at 6:39am — No Comments

Should You Use Facebook to Login to Websites?

Have you ever used Facebook to sign onto another site? Many of us do this pretty blindly simply because it is very convenient. But, this convenience could come at a cost.

You know the drill. You go to a website and it says “Log In With Facebook.” or Google. Usually, it just takes a couple of clicks and no logging in with other usernames or passwords. However, when you do this, Facebook essentially becomes your online identity. This means that anyone who knows these…

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Added by Robert Siciliano on October 23, 2018 at 3:49pm — No Comments

Exponential S-Curves – what the?

Those of you that know your maths know that an S-Curve can have an exponential portion to its curve but it can’t BE an exponential curve. However, I recently came across a diagram showing a series of S-curves overlaying an exponential curve which to me portrayed something very different to seeing either in isolation. It was in this post by Tim Urban…

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Added by Bryan Whitefield on October 23, 2018 at 12:58am — No Comments

2018 Insurance Innovation Awards Finalists Announced: AIG, Zurich, Eddy Home, Microsoft and Verisk Compete for Honors

CHICAGO: After receiving an unprecedented number of nominations from across the insurance industry, the finalists of the Insurance Innovation Awards 2018 have been revealed, Insurance Nexus have announced.

 

As recent research conducted by Insurance Nexus demonstrates, insurance is undergoing dramatic and industry-wide transformation. 96% of the (over 500) senior executives interviewed agreed with the statement that “carriers must transform their…

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Added by Insurance Nexus on October 22, 2018 at 5:56pm — No Comments

Indian Rupee: No rise, only fall. Is the government doing enough?

Fall from Grace

In case no one noticed, Stock markets in India have been painted red with the incessant bleeding of the Indian Rupee. Latest figures show the Rupee plummeting to new lows every hour with the latest being at Rs. 72.97 for 1 dollar, the Indian currency has been labeled the worst performing of all Asian countries. Gas prices have been skyrocketing with 82 Rs. for 1 liter of gasoline which has also contributed to…

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Added by Jatin Kapoor on October 20, 2018 at 7:18am — No Comments

Does Your Mobile Have Spyware on It?

You have a mobile phone, you might think it’s pretty safe, but what you might not realize is that these devices can have spyware on them. Keep in mind, many of the “signs” listed below are everyday normal phone behaviors. But combined, might mean spyware. Here are some of the signs:

Unusual Background Noise

While common, humming, static, or other weird noises could be a sign that someone is tapping your line. Though all phones might have…

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Added by Robert Siciliano on October 19, 2018 at 2:19pm — No Comments

Superior Cash: Flush of Super Cash Dawn , Illuminating the Front of Global Capital Flow

In the times when the productivity is led by the technology, the finance has also benefited of the advances of the technology. At the present day, there is never-ending changes and improvements in financial technology, and there is a trend of many changes within a short time for the financial  structure. The Superior Cash is gradually becoming a reality from the imagination, which is overthrowing the ecology of traditional payment and leading the trend of capital flow in the…

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Added by Newsletter Media on October 19, 2018 at 5:37am — No Comments

Insights from Honda: The Future of Insurance

With the auto insurance industry currently experiencing its most seismic shift since it began more than 100 years ago, we had the opportunity to speak with Aparajithan Rajendran, Solutions Architect for Next Generation Telematics at Honda to gain insights on the best methods for operationalizing data to increase tactical level solutions, establishing a UBI program, the future of car insurance, and much more.…

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Added by Carolyn Gombos on October 18, 2018 at 7:17pm — No Comments

Uber is Caught in a Risk Management Bind. How Can They Get Out?

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Added by Steven Minsky on October 18, 2018 at 4:30pm — No Comments

Live Stock Prices in Excel

Nothing can beat Excel as a multi-purpose user interface medium. It is then only natural to want to analyze the performance of your stock portfolio in Excel, as that would enable you to devise and apply your own custom metrics.

But in order to monitor your portfolio metrics in real time, you would need to get the required market data in real time as well. You may think that getting true real time prices is only…

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Added by Ioannis Rigopoulos on October 17, 2018 at 4:30pm — 1 Comment

Data Min(e)dset

There are data miners and then there is data mindset. The former are the people and/or their tools that do the digging through the numbers. The latter is about a whole lot more. 

Last week I blogged about how to help people believe the numbers. This week I am going a big step further talking about four different types of data mindsets and the implications for decision…

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Added by Bryan Whitefield on October 16, 2018 at 1:00am — No Comments

Do Not take that Stupid Facebook Quiz

Where should you live in the world? What Game of Thrones family are you in? What is the food that best describes your personality? All of these answers are given and found by doing quizzes on Facebook. You have surely seen them if you use Facebook, and have may have taken these quizzes, but you definitely might want to consider stopping. If you have ever used one of these quizzes, you have probably given these third-party apps permission to access some of your personal data. Not…

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Added by Robert Siciliano on October 11, 2018 at 3:54pm — No Comments

5 Things that should be kept in mind before investing in mutual funds

Of course, the Stock market’s high and down can be a frustrating moment for new investors but it does not mean that we should take it as a gambling. If we invest without proper knowledge and advice in Equity mutual funds or the stock market, it may sometimes convert into gambling where we will be in a fix what to do and what not to do. Logically, one must take advice from the expert fund Manager…

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Added by Jatin Kapoor on October 10, 2018 at 2:39pm — No Comments

Third-Party Risk: Reduce Vendor Fatigue & Streamline Assessment Reviews

http://bit.ly/2Nyzs5X

Vendor risk assessment questionnaires are vital to the success of your Third-Party Risk Management program. They also can be tedious, time-consuming, and painful – for both your team and your vendors. It doesn’t have to be that way. The right mix of best practices and technology can reduce more risk while ultimately making life easier for you and your vendors.

Join ProcessUnity for a 45-minute webcast at…

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Added by GlobalRiskCommunity on October 9, 2018 at 6:00pm — No Comments

Helping them believe the numbers

Decisions are all about emotion, however, numbers are so very important. At the end of the day if the bank balance is zero, no amount of emotion is going to change that. 

When it comes to numbers and decision making there are essentially three positions people take. 

Believers 

These people believe numbers enhance…

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Added by Bryan Whitefield on October 9, 2018 at 2:33am — No Comments

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