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February 2017

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IRS Revoking Americans' Passports for Unpaid Taxes

16th February 2017
It's not just citizens of seven Muslim-majority countries who are facing a US-enforced travel ban. Under new rules, American citizens too could soon be banned from travelling by having their passports revoked for unpaid taxes, warns the boss of one of the world's largest independent financial advisory organizations. Nigel Green, founder and CEO of deVere […]
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Does More Government Spending Boost the Economy?

16th February 2017
Challenging the status quo thinking that more government spending boosts the economy, a new report released by the Pacific Research Institute found that bigger government does very little to boost the economy. Part 2 of Beyond the New Normal concludes that high taxes and government spending actually takes away the ability of people to spend […]
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The CFO of the Future: The Emerging Models Driving Innovation

16th February 2017
With CEO’s citing growth as top priority for the coming years, CFOs are to be strongly impacted. Finance Monthly here benefits from an exclusive outlook on the future of CFOs by Mark Nittler, VP Enterprise Strategy at Workday, who discusses the changing role of finance and how CFOs can better prepare themselves for the future. […]
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US Companies Show Dramatic Shift in Business Confidence for 2017

15th February 2017
Following years of sluggish economic recovery, business leaders believe 2017 stands to usher in a long-awaited acceleration in growth. According to ‘America's economic engine - Breaking the cycle’, Deloitte's 2017 report on business and economic trends in the privately-held and middle-market segment, 83% of executives surveyed after the November election are confident that the US […]
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IBM Launches Blockchain Initiative with Dubai Government

15th February 2017
IBM recently announced a blockchain initiative with Dubai Customs, Dubai Trade, advancing Dubai's government blockchain strategy. As part of the initiative, IBM is also working with leading businesses including Emirates NBD, du, Aramex, and Banco Santander. IBM is collaborating with Dubai Customs, Dubai Trade and its IT provider DUTECH, to explore the use of blockchain […]
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How ‘Fit’ is the Consumer Finance Sector as it Faces the Future?

15th February 2017
Speaking on the developing relationship between consumers and the financial sector, here Tracey Follows, Chief Strategy & Innovation Officer of The Future Laboratory, offers her take on the future of the consumer finance sector. Money. It is something that is in the back of most normal people’s minds most of the time. But the brands […]
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Your Thoughts: Corporate Executive Pay Curbs

14th February 2017
Over the past year, and in recent news, we’ve seen a consensus that the pay of corporate executives is ‘too high’, and investors, fund managers and shareholders are increasingly ready to take firm action against plans to boost the remuneration of top bosses. More recently, David Cumming, Head of Equities at Standard Life, a UK […]
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Are Companies Becoming More Engaged with Cybersecurity Risks?

14th February 2017
With global cybercriminal risk at an all-time high, the findings of a new survey conducted by global consulting firm Protiviti show positive progress for organizations – an increasing number of them have boards of directors and management that are actively engaged with cybersecurity and adopting best practices in their IT departments. Protiviti's 2017 Security and […]
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Less Than Half of Married Brits Trust Their Partner with Their Credit Card

14th February 2017
A third of Brits believe their partner is lying to them about how much money they spend. According to a survey conducted by Paymentsense on 2000 people in a relationship in the UK, people aren’t always honest to their partners about their spending habits. Shockingly, 40% of women admit to lying to their partner about […]
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Investment Plan for Europe: £30 Million for Innovative UK Businesses

14th February 2017
The European Investment Fund (EIF) and the British Business Bank (BBB) have signed an agreement under the European Commission's InnovFin initiative to help small and medium-sized enterprises (SMEs) in the UK access an estimated £30 million (ca. EUR 35 million) in additional financing. This transaction benefits from the support of the European Fund for Strategic […]
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Why Fintech Has Been, and Will Continue to Be, One of the Biggest Industries in the World

13th February 2017
In the last few years fintech has taken a prime spot in R&D, investment and market value, and is increasingly crucial to the progress of financial services and the growth of businesses worldwide. Here to tell us why, and offer particular insight into the development of this key sector is Gary Turner, Co-founder and UK […]
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UK Set to Win Big From the EU-Canada CETA Trade Deal

13th February 2017
The UK is set to be one of biggest winners from the EU-Canada CETA free trade deal. With 10,570 companies already exporting a wide variety of goods from baby wipes to aircraft parts to Canada and supporting over 240,000 jobs, the UK economy is in the best position to benefit from the removal of import […]
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