Category: Uncategorized
The Bank of England’s Rates Are Not Going to Stay This Low Forever
LONDON — The Bank of England may be preparing to warn both investors and regular Brits that they cannot expect interest rates to stay as low as they are forever and that further rises in inflation in the coming months...
Money.co.uk Bought by Zoopla Owners in A £140 Million Deal
Money.co.uk generated £24.7m in revenues in the year ending October 2016 ZPG’s shares rose by 14. 3p to 368.90 during morning trading today One of the UK’s leading financial services comparison websites, Money.co.uk, has been bought for £140million by the owners of...
Three Reasons Why Your Business Should Accept Bitcoin
In case you have not heard yet, there is a fairly new type of currency that has been gaining popularity – Bitcoin. Invented in 2009, Bitcoin is a cryptocurrency that relies on a technology system called blockchain, which keeps your...
Banks And Fintech Startups Are Changing Finance
For years, traditional financial institutions have kept their distance from the fintech industry, loath to embrace the trend that is threatening their monopoly over banking, finance, loans and investment. But as financial technologies continue to expand, legacy players have come to accept...
London FinTech Conference With Live Startup Crownfunding
A major FinTech conference coming to London this October is to provide delegates with the opportunity to invest directly from the conference floor as part of its grand pitching final. LendIt Europe, which claims to be Europe’s largest FinTech conference series,...
HSBC and Barclays Are Creating a New Cryptocurrency Designed Only for Banks
Several of the world’s largest banks have today revealed a series of steps to advance a project aimed at making it easier for central banks to issue currencies on a blockchain. Called Utility Settlement Coin (USC), the project is designed to...
Industry Leaders Comment on UK Government’s New Laws on Boardroom Pay
Responding to the government’s new laws to rein in boardroom pay, Terry Scuoler, Chief Executive of EEF, the manufacturers’ organisation, said: “UK Manufacturers have a strong track record of good corporate governance and high standards of employment practice with many examples...
Extensive Read: Why Personal Finance Education is Important
Financial education has always been thought to be a reserve for investors or anyone in business. In fact, if you go to the streets and capture the reaction of most people if asked to go to a financial education class,...
5 Steps To Prepare Your Bank For AI
Artificial intelligence (AI) might sound like something out of a science fiction novel, but it’s becoming a reality faster than you might think. Owing to recent advancements in big data, computational hardware, and machine learning, artificial intelligence is becoming increasingly...
FinX: The Quiet Revolution in Financial Services
We are in the middle of a revolution. There’s no doubt. It came fast, and many didn’t see it coming, but here we are. The financial services industry is experiencing a tsunami of change – regulatory, political, technology and customer driven demands...