3/13/2020 9:25:16 PM Embroker shares insurance coverage for COVID-19 cases By Faisal Kawar Matt Miller, Founder and CEO of portfolio company Embroker, explains what small businesses are up against when filing claims relating to...
3/12/2020 11:25:41 PM Digital banks, payments startups face their first major test and are prepared By Faisal Kawar Many fintech companies are experiencing a market slump for the first time. These companies, including portfolio company MoneyLion, are...
3/6/2020 10:13:42 PM Fed quarantines US dollars repatriated from Asia By Faisal Kawar On average, the US Federal Reserve distributes $34b in paper notes every year. The Fed has begun quarantining physical dollars that it...
3/6/2020 9:35:37 PM Cockneys announce 'Miley Cyrus' as official rhyming slang for coronavirus By Faisal Kawar In typical cockney slang tradition, one should only use the first half of the term. Used in a sentence, it will be something like, “Oi,...
3/6/2020 4:33:53 PM Germ scores for your daily NYC items By Faisal Kawar Cards ranked the highest with a germ score of 1,206, followed by CitiBike, Cash, and a Park Bench. The lowest was surprisingly the NYC...
3/6/2020 4:28:07 PM China is sterilizing cash in an attempt to stop the coronavirus spreading By Faisal Kawar The People’s Bank of China arranged to allocate nearly 600 billion yuan ($86b) of new banknotes. Money removed from high-risk sites such...
3/5/2020 9:37:10 PM ‘CoronaCoin’ cryptocurrency lets traders cash in on coronavirus outbreak By Faisal Kawar The coin’s creators have tried marketing it as a “2019-nCoV relief effort,” the website shows, by claiming that around 20% of the supply...
2/27/2020 9:54:29 PM How bond, stock, bitcoin, and copper markets are reacting to coronavirus By Faisal Kawar The US stock market was gaining earlier this year even as concerns about the epidemic intensified. That went into reverse on February 20,...
2/14/2020 8:14:01 PM Coronavirus stress-tests China’s fragile financial system By Faisal Kawar The central bank has slashed money-market lending rates, and banks have been told to extend the terms of loans. Pessimists say the crisis...
2/14/2020 8:03:37 PM Catastrophes and correlations By Faisal Kawar The problem with a global pandemic bond for financial investors is that it's correlated, as the market goes down so do the value of the...
2/13/2020 10:53:56 PM Coronavirus strikes World Bank’s 2017 catastrophe bonds By Faisal Kawar The World Bank launched a $320m catastrophe bond issue in 2017 to back its Pandemic Emergency Financing Facility. Originally scheduled to...