Trendwatch Finance & Insurance: June 23, 2020

June 23rd, 2020

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Business Insider: Lemonade Has Filed to Go Public

The buzzy startup, which has garnered valuations north of $2 billion, is one of a slew of "insurtech" startups hoping to revolutionize insurance policies by using artificial intelligence and big data to analyze risk better than traditional players in the space.  


Forbes: Wahed Raises $25 Million As Demand For Islamic Finance Booms

Sharia law forbids those of Islamic faith from paying or earning interest and engaging in what could be considered as unethical investments. This is where online robo-advisors like Wahed come in.       


Bloomberg Law: New York Offers Fintech Innovation Program for Post-Covid World   

New York’s financial regulator is launching a program to help banks, fintechs, and startups launch new products and services that respond to consumer and small business needs in the wake of the Covid-19 pandemic.


Bloomberg: Apple Preparing Monthly iPad, Mac Payment Plans for Apple Card

The program is similar to those by carriers selling phones and other products, offering consumers another avenue to purchase these items with monthly payments.


Smart Cities Dive: Prop Tech, Property Managers and the At-home Workforce

Maintaining profitability and tenant satisfaction throughout the pandemic will require help from readily available property management technologies.    

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