Kaiser Health News: Hospital prices, required to be available and transparent, are anything but easy to find

Kaiser Health News: Hospital prices, required to be available and transparent, are anything but easy to find. “In theory, releasing prices may prompt consumers to shop around, weighing cost and quality. Perhaps they could save a few hundred dollars by getting their surgery or imaging test across town instead of at the nearby clinic or hospital. But, typically, consumers don’t comparison-shop, preferring to choose convenience or the provider their doctor recommends…. And hospitals say the transparency push alone won’t help consumers much, because each patient is different — and individual deductibles and insurance plans complicate matters.”

Finextra: Elucidate launches open database on financial crime risk scores

Finextra: Elucidate launches open database on financial crime risk scores. “During a time when financial crime scandals are increasingly common, the [Elucidate FinCrime Risk Monitor] looks to increase transparency in the finance industry. The EFRM evaluates more than 17000 financial institutions, with data sourced from the Elucidate FinCrime Index (EFI), the company’s regulated financial crime risk benchmark.”

Environmental Defense Fund: New Group Calls on SEC to Strengthen Climate Protections for U.S. Financial System

Environmental Defense Fund: New Group Calls on SEC to Strengthen Climate Protections for U.S. Financial System. “Experts with the brand new Initiative on Climate Risk and Resilience Law (ICRRL) are calling on the Securities and Exchange Commission to strengthen protections from the dangers of climate change to our nation’s financial system and the millions of people who rely on it to sustain the American economy.”

University of Georgia: New data traces rise, fall of the Freedman’s Bank

University of Georgia: New data traces rise, fall of the Freedman’s Bank. “In 1865, the U.S. government established the Freedman’s Savings and Trust Co. in to help newly emancipated communities gain a financial footing. With 37 branches across the South and in New York, the bank initially flourished and grew to include more than 100,000 customers. But it collapsed in June 1874 after the Financial Panic of 1873. Some of the Freedman’s Bank records have been lost to time, but many still exist. [Professor Malcom] Wardlaw and his Ph.D. student, Virginia Traweek, found the archived records and decided to analyze the data to see what they could discover about African American communities after the Civil War.”

AlleyWatch: Vincent Raises $2M for its Search Engine for Alternative Investments

AlleyWatch: Vincent Raises $2M for its Search Engine for Alternative Investments. “Vincent has built a comprehensive search engine for alternative asset investment opportunities, allowing investors to build tailored searches based on their preferences and portfolio requirements. Opportunities can be filtered by asset class, investment minimums, liquidity, and potential returns across real estate, private equity, art, collectibles, and venture. 15,000 unique investors have already searched more than 100,000 times since the company launched its private beta in July.”

BBC: Coronavirus lockdown sees share of women on India’s stock market rise

BBC: Coronavirus lockdown sees share of women on India’s stock market rise. “Sakina Gandhi has found a new passion: stock market trading. The 31-year-old works in public relations and until this year had only invested in mutual funds, generally seen as a safer bet than directly trading in stocks. But when India went into a stringent lockdown in March to prevent the spread of Covid-19, Ms Gandhi found herself with a lot of time on her hands.”

Bill Lane Center for the American West: The Bill Lane Center is the Proud New Home of Pension Tracker

Bill Lane Center for the American West: The Bill Lane Center is the Proud New Home of Pension Tracker. “The Bill Lane Center will serve as the new home to Pension Tracker, a tool that looks at public sector debt for pension liabilities across the United States, with a particular focus on California. Formerly housed at the Stanford Institute for Economic Policy Research (SIEPR), Pension Tracker was launched by Joe Nation, a SIEPR fellow and professor of the practice of public policy. In maintaining Pension Tracker, Nation hopes to provide granular data to Californians and other Westerners so that all are aware of the dire financial conditions of public pensions, and the need for lawmakers and pension managers to take action.”

ABC News (Australia): Senate inquiry asks whether Facebook, Google should be regulated like banks

ABC News (Australia): Senate inquiry asks whether Facebook, Google should be regulated like banks. “These tech giants are among a string of other US digital players and Chinese companies that already have detailed data on their users — including, what, how, when and where they spend. It has Liberal senator Andrew Bragg, who chairs the Senate select committee running the Federal Government’s inquiry into financial technology (fintech), worried.”

EurekAlert: How neural networks can help us gain a deeper understanding of financial markets

EurekAlert: How neural networks can help us gain a deeper understanding of financial markets. “A new research project at Aarhus University will use Bayesian Neural Networks to model, analyse and understand trading behaviour in the world of finance. The researchers behind the project expect the technology to revolutionise our understanding of financial data. For the first time ever, a team of artificial intelligence researchers and experts will use Bayesian Neural Networks (BNN), a kind of deep machine learning algorithm, to analyse, model and understand causal relationships within trading on global financial markets.”