FSR In Focus

Insight from industry leaders, bringing color and scope to topics like cybersecurity, housing finance, regulatory tailoring, tax reform, economic growth, FinTech innovation, and more.

All Eyes on the Boardroom

October 2, 2015

With the invention of the computer and networks such as the Internet, corporate assets and delivery channels have changed in composition from the physical to the digital. The risks to these assets have also evolved. Now, the risks corporations face are increasingly cyber enabled ones. Not surprisingly, policy makers, regulators, and increasingly, shareholders, have also trained their attentions on corporate cybersecurity and the Boards of Directors, which oversee the management of this cyber risk.

Savor Your Summers and Weather Your Winters

September 28, 2015

In the well-known fable by Aesop, a grasshopper savors the summer by chirping and singing, while an ant toils all summer long to store up food for the winter. There is some merit in both characters’ actions. The grasshopper makes the most of the season, and enjoys the beauty and simplicity of summer. He does what’s easy, and lives his life to the fullest with a carefree enthusiasm both enviable and inspiring. The ant, in his own way, makes the most of the season by working the entire summer to prepare against the coming winter. He does what’s smart, and works hard to prepare for the tough times ahead even though this means missing out on the leisure of summer. Everybody knows the end of this story—the ant is comfortably prepared for winter while the grasshopper is miserably cold and hungry.

Are Zombie Houses Haunting America’s Housing Market?

September 9, 2015

Zombie houses were the subject of a recent report by Newsday that are becoming a growing problem for Long Island’s housing supply.

Zombie houses have no occupants and are left abandoned while the foreclosure process is still pending. There are hundreds of these properties on Long Island and other neighborhoods across America are also facing challenges caused by these neglected properties.

Capital One EVP on Success: ‘There is Strength in Kindness’

September 8, 2015

Capital One Executive Vice President Colleen Taylor has a simple motto for women looking to enter the financial services industry: there is strength in kindness.

“If you are good to people, they will be good to you,” Taylor said, who initially faced challenges breaking into the industry, both as an African American and a woman. “Delivery is the thing I differentiate on…and that’s my best brand.”

The Markets, DoL, Trump and What we can Learn from the UK

August 26, 2015

The market turmoil of the past few days has put many investors on edge about the state of the world’s financial markets. Many mom and pop investors may not be as tuned into the political dynamics shaping China’s recent decision to devalue its currency, a decision that has led to a worldwide market reaction. If When watching the news, the stark image of the stock “heat map” lit up in red is a scary one for any investor, particularly for those whose retirement future can deteriorate in a flash. While it’s too soon to know if the market volatility will be short lived, it is clear that any uncertainty can often make level-headed people invested in the market want to react to protect their nest eggs.

“The Anatomy of an Elder Scam”: BITS Releases Infographic on Common Money Scams Plaguing Older Americans

August 17, 2015

It is estimated that more than 5 million people over the age of 60 become victims of financial elder abuse each year, costing billions of dollars. As more members of the baby boomer generation reach retirement age, the pool of targets for elder fraud grows larger.

FSR’s BITS division recently released an infographic (below) highlighting some of the top scams that are plaguing older generations today, along with warning signs that family and front-line financial services employees can watch for to detect elder financial abuse.