Yatin Pednekar, co-founder and chief of products at Mobicule Technologies, a debt collection platform, said, “A real safeguard missing today is purpose limitation, meaning that data collected to assess your loan shouldn’t quietly get reused for debt collection or marketing later, unless you separately consent to that specific new use.”
One of the bigger questions facing advisors and investors right now revolves around credit. Inflation, volatility, and Fed rate hikes all loom, potentially heightening credit risk for portfolios. Navigating that risk may be a crucial task in the second half of this year. American Century Investments’ Jason Greenblath recently appeared on the Schwab Network to…
China’s exports accelerated in June, jumping 27% from a year earlier thanks partly to the boom in artificial intelligence, the customs agency said Tuesday. The increase in exports in June was much better than economists had expected. Exports rose 19.4% year-on-year in May. Imports in June surged 36%, better than May’s 27.4% year-on-year growth, with analysts attributing…
Ryan Nauman hosts Zephyr’s Adjusted for Risk podcast from Lake Tahoe and welcomes Zach Conway, CEO of Seeds, to discuss how evolving investor expectations are reshaping wealth management. Conway explains he founded Seeds after seeing a disconnect between advisors’ strong client discovery and the shallow, product-centered approach often used in investment management, alongside inefficient, fragmented…
Given free rein, AI agents can research products, compare prices and fill out forms. They’re thwarted the moment a task requires a login. Until now, the only options have been handing over the password and accepting the security risk, or taking over the keyboard every time a sign-in screen appears, defeating the point of having…
The S&P 500 Index ($SPX) (SPY) today is down -0.79%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -1.44%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.61%. September E-mini S&P futures (ESU26) are down -0.77%, and September E-mini Nasdaq futures (NQU26) are down -0.60%. Stock indexes are sliding today as crude oil prices and bond yields…
The one thing I miss the most from being away from the blog lately is hearing everyone’s stories and how they’ve figured out not only how to overcome such trials, but to then thrive!! And this guest poster today had my attention right from the start learning that he was once part of the unhoused…