Rectangular Statistics

Thanks for returning to FinTechIsrael! Have you already subscribed to our RSS feed?We have all use statistics in one way or anther, and have built our technologies and our assumptions on the Gauss bell distribution.  Specifically, the widely used probability approach shows lower expectancies for extreme...

PayPal X – a new community

In the beginning … … PayPals programming model was one of customization. When a business wanted to use PayPals services, PayPal reps would meet directly with the client.  In this meeting, PayPal would be requisitioned to create a specific interface and protocols of its services according to the...

Please, let me explain… : The Financial Crisis Panel Review

After two days of testimony from senior executives, government bureaucrats, and economists, the US government’s Financial Crisis Inquiry Commission has brought to light some of the root causes of the crisis. After reviewing the comments made by the executives, specifically Panel 1 featuring Lloyd...