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November 2016

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Daisy Group on the significance of technological convergence for businesses

23rd November 2016
Daisy Group is a provider of digital business communications and IT infrastructure services. It empowers businesses of all sizes to embrace the relentlessness of technological change and provides services to half of the country’s high street retailers. The company is at the technological heart of the nation’s critical infrastructure; connecting businesses of every kind to […]
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RBS fails stress test

30th November 2016
Royal Bank of Scotland has failed the 2016 Bank of England banking stress test. However the regulator said it has approved remedial action that RBS is already taking to improve its resilience to financial shocks. In aggregate the Bank of England said the UK banking system is currently capitalised to support the UK in a […]
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Financial Support Provided to Refugees in Greece via New Prepaid Card Programme

29th November 2016
Prepaid Financial Services (PFS), a leading e-money institution that specialises in prepaid cards and alternative banking services, has announced the launch of a programme for international relief organisation, Samaritan’s Purse, to provide financial aid to refugees and migrants across Greece. Samaritan’s Purse has been operating programmes in Greece for over a year, improving conditions in […]
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The Chancellor’s support for fintech not enough to fend off China

28th November 2016
Commenting on the Chancellor’s package of measures to support UK fintech, including a £500,000 a year investment for fintech specialists, Warren Mead, Global Co-lead Fintech, KPMG, comments: “The UK is a leading global force in fintech but we’re losing power to China rapidly and the announcements in the Autumn Statement will struggle to reverse the […]
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Autumn Statement: “Never had the word ‘Infrastructure’ been used so frequently”

25th November 2016
Infrastructure, it seems, has never been more high profile.  Chancellor Philip Hammond announced a spending spree on UK infrastructure in the Autumn Statement, whilst on the other side of the Atlantic, one of the focuses of Donald Trump’s election campaign was a $1 trillion infrastructure spending, with much of this also relying on private financing. The […]
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Today’s Reactions to the UK Chancellor’s Autumn Statement

23rd November 2016
In light of the UK’s Chancellor Philip Hammond’s Autumn Statement today, where he vowed to make the UK economy "resilient" in its exit from the EU, and noted an expected economy of higher borrowing and slower growth, Finance Monthly has heard from several sources who have given their opinions and comments on the Chancellor’s announcements. […]
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178 Arrests in Successful Hit Against Money Muling

22nd November 2016
Supported by Eurojust, as well as Europol’s European Cybercrime Centre (EC3) and the Joint Cybercrime Action Taskforce (J-CAT) and the European Banking Federation (EBF) the second coordinated European Money Mule Action (EMMA) culminated in the arrest of 178 individuals. Law enforcement agencies and judicial authorities from Bulgaria, Croatia, France, Germany, Greece, Hungary, Italy, Latvia, Moldova, […]
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What Does Brexit Mean to Property Investors & Developers?

21st November 2016
A commentary from Rick Nicholls, Managing Director, Bastien Jack Group Ltd, UK property developer. In short, we have opportunity. Initial shock at the prospect of leaving the EU sent the markets into decline, but have they not reacted pretty much as anticipated? Never letting a crisis go without opportunity, selling high to force a low, […]
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International computer fraud, forgery and money laundering ring dismantled

18th November 2016
On 15 November, prosecutors from the Romanian Territorial Office Valcea of the Directorate for Investigating Organized Crime and Terrorism (DIICOT), acting within a joint investigation team (JIT) set up with the support of Eurojust, carried out an operation concerning an organised crime group (OCG) specialised in computer fraud, forgery and money laundering. A total of […]
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Government Interference has Damaged the Bank Of England for Future Mark Carneys

17th November 2016
Future central bankers in the UK will have to deal with a compromised Bank of England following the government’s intervention in Mark Carney’s management of monetary policy, according to a leading critic of Bank of England policy. Anthony Evans, an economist at ESCP Europe business School in London, says that the government has overstepped its […]
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Doctor CEOs Hinder Innovation in Start-Ups

16th November 2016
Medical doctors with executive roles in medical device start-ups can hinder innovation, finds new research from UCL School of Management and Stanford University, but have a positive impact if they are inventors or board members. The study, accepted for publication in the Academy of Management Journal and funded by InHealth, looked at 231 US surgical […]
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Mobile payments: Boosting emerging markets

14th November 2016
By Ante Ukalovic, CEO, Centili Paying for goods has changed drastically in recent years. Across the globe there is a great need for simple, mobile-driven alternatives to serve an ever-growing demand for digital and virtual services. Whether it is in developed nations, or emerging markets, payment methods have evolved and although cash will not ever […]
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