In spite of the promises of emerging technologies and tools, finance leaders are struggling to manage risk effectively with data, and many rate their own ability to manage and monitor risk as particularly challenging. Overall, most finance leaders believe their own efforts to manage, monitor, and predict risk pose a moderate to high risk to their businesses. Nearly half are still collecting data in silos and not sharing it across the company, although most are using data to manage risk today. Many finance leaders see promise in automation, the use of credit reports, data, and analytics to manage risk, yet most respondents currently rate themselves as "low" in sophistication, or they do not use these tools at all. It's clear that finance teams are still in the beginning stages of implementing emerging technologies, tools, and data sources to manage risk.

Van drivers across the country are benefiting from a continued reduction to their insurance premiums, contradicting the industry's prediction of premium increases in the wake of the Ogden rate change, new analysis from data analytics company Consumer Intelligence shows.

AMMAN (Reuters) - Jordan appointed on Thursday a veteran finance ministry official as finance minister in the new government to oversee talks with the International Monetary Fund on completing austerity measures that aim to reduce the country's growing public debt.

Could we have a financial industry without banks or brokers? That's the vision of decentralized finance – or DeFi – in which financial products are built from tamper-proof digital smart contracts interacting with blockchains. Sergey Nazarov, co-founder of Chainlink, joins Azeem Azhar to explore the promise of this emerging sector to bring greater transparency, control, and yield for both customers and businesses. HBR Presents is a network of podcasts curated by HBR editors, bringing you the best business ideas from the leading minds in management. The views and opinions expressed are solely those of the authors and do not necessarily reflect the official policy or position of Harvard Business Review or its affiliates.

Last year's gathering of the G-20 finance ministers in Chengdu, China, issued a statement opposing "all forms of protectionism." This time, early drafts of the finance ministers' statement have omitted such unequivocal language, which in the final version could be softened to refer to trade that is "open" and "fair," without the absolute opposition to import restrictions to benefit domestic workers.