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December 2017

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Should I Trust a Robo-Adviser?

15th December 2017
Robo-advisers are a great example of how automation is spreading like wildfire. But how safe and reliable are robo-advisers? Below Simon Bottle, COO of non-advised white label, FinchTech, talks to Finance Monthly about when and when not to trust a robo-adviser, giving some great context for investors. The rise of robo-advisers should come as no […]
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SMBs & Big Businesses Reveal Their Top IT Issues

15th December 2017
Research carried out by Altodigital has revealed that two third (66%) of SMB IT executives admit that that they have significant IT challenges within their business. In comparison, an overwhelming 97% of those IT bosses working in larger organisations indicated having ongoing issues, suggesting very different attitudes to technology between small and larger firms. The […]
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December CFO Insight: Richard Stoffelen from Centogene

14th December 2017
Richard Stoffelen is the Chief Financial Officers of Centogene - an international privately owned BioTech/HealthTech company, based in Germany. Here he tells us about what it’s like to be the CFO of Centogene and offers his piece of advice for other financial directors.    What were the goals that you arrived with when becoming the […]
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East European Banks Cyber Robbed: How Did They Do It?

14th December 2017
Below, Thanassis Diogos, Managing Consultant, SpiderLabs at Trustwave, discusses with Finance Monthly the intricate planning and plotting behind the recent Eastern European cyber hack on banks, which combine both physical and cyber stealing methods. Trustwave believe that this attack has the potential to spread to the UK and around the world. Earlier this year Trustwave […]
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Concerns Raised About Complacency on Financial Governance in Charities

14th December 2017
A report from MHA MacIntyre Hudson and Charity Finance Group based on a survey of over 120 trustees has raised concerns about complacency on financial governance within charities. 57% of respondents said that they understood strategic financial governance matters well or very well, with only 12% saying that they had a poor or inadequate understanding. […]
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Most Tech Founders Expect to Sell for £50m or Less

13th December 2017
A new report from VentureFounders, in conjunction with Beauhurst, has found that 56% of UK tech founders expect that their business will sell for £50m or less, but 80% want to re-enter the tech ecosystem and support it post-exit. Other key findings: Most UK tech founders are intending to exit within 2-5 years, despite recognising the risks of exiting too early. If founders […]
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The 5 Most and Least Expensive Countries in the World Right Now

13th December 2017
Using the website Numbeo to compare the prices of items from all over the world, giffgaff money has found the global destinations (and no-go zones) for anyone looking to save money. Residents of London, New York, Paris and Amsterdam, look away now. Research into the world’s cheapest and most expensive countries has found that rent […]
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CFO Insight: Arun Roy from CHERVON North America Inc.

12th December 2017
Arun Roy is the Chief Financial Officer of CHERVON North America Inc. CHERVON is one of the world’s top 10 manufacturers of power tools, outdoor power equipment and related products. Although the company’s Global headquarters is in Nanjing, China, it has locations across USA, Canada, Europe, and Australia too. Here Arun talks to Finance Monthly […]
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Fintech Revolution Is Here to Stay as Banks Plan to Ramp Up Investment

12th December 2017
More than three quarters (77%) of commercial banks are preparing to increase fintech investment over the next three years as the rapidly growing sector shows no sign of slowing, with 86% of senior managers expecting an imminent rise in investment. The in-depth research commissioned by Fraedom, polled 100 decision-makers in commercial banks including shareholders, middle […]
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Will Blockchain and the Token Economy Happen in 2018?

12th December 2017
With the introduction of blockchain technology and the implementation of the token economy, Gary McKay, CEO and founder of APPII, believes the 4th industrial revolution is about to take place, potentially in the coming year. The industrial advances being brought about by artificial intelligence (AI), robotics, the Internet of Things (IoT) and blockchain technology will […]
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The Difference Between ‘Bitcoins’ and ‘Tokens’

11th December 2017
Barely a day passes by now on the internet when I am not offered to subscribe to the ICO (initial coin offering) of a new currency. If the statistics are to be believed, there are 11,000 of these new currencies, of which 1,200 or so are capable of being traded on the various cryptocurrency exchanges […]
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Tapping into India's Digital Payments Revolution

11th December 2017
Bangalore-based software company Ezetap has developed a platform that makes it easy to pay anywhere with any device you like. It has created software allowing a merchant with a smartphone to accept any type of payment and see that money moved seamlessly into their own bank account.
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