As in previous years, we began by asking dozens of reporters and editors in Bloomberg bureaus to nominate candidates. Then a panel of senior editors vetted and voted, narrowing the field from more than 100 names down to 50. From this effort comes the list you now see: a group of individuals who, followed singularly or collectively, drive some of the major trends sweeping the world of finance.
It hurts to spend cash. Literally. And in a way, that’s a good thing. Because we’re living in a time where most people have less than $1,000 in their bank accounts, and almost $5,000 in credit card debt. Yet it’s unfair to simply blame the middle class’s financial woes on some lack of self-control, because in the age of smartphone payments, Amazon's Subscribe & Save, and good old credit card swipes, who earnestly considers their monthly budget every time they buy a coffee?
A health insurer has become the first in Britain to bribe people to exercise in return for a smartwatch – but customers tempted to cheat on their daily quota are warned that they could be committing insurance fraud.
Vitality has signed a deal with the technology giant Apple that it hopes will tap into Britons’ growing taste for tracking their own movements and nutrition through wearable gadgets.
The president and chairman of the board of Switzerland's central bank described a financial system "turned on its head" by blockchain and distributed ledgers to kick off the Sibos conference yesterday in Switzerland.
Addressing a crowd of some 8,000 financial industry professionals, Thomas Jordan lectured on the history of centralization as a means to provide security and efficiency in the banking industry, from the birth of centralized clearing houses in the 1940s to the advent of the Six Interbank Clearing system (SIC) in 1987.