2017 was a record year for sales of electric vehicles, with over 4,000 new registrations per month in the UK — a significant increase compared to 2013 figures, which witnessed just 3,500 new registrations over the entire year!
Consumers are bracing themselves for a major financial crisis and housing crash this year according to a new poll from Spearvest, the wealth management firm.
Chief economist of Moody's Analytics Mark Zandi says the $1.5 trillion of outstanding student loan debt has created a 'crisis' for young Americans. It's part of the reason millennials are waiting longer to start families, buy houses, and launch businesses. It might also lead to the end of the US economy's 'virtuous' cycle in 2020.
Consumers do not only compare how easy it is to make payments when buying goods with traditional providers, but also with other such as Amazon, PayPal and Google.
The shockingly high cost of protecting against cyberattacks has been revealed, with the financial sector forking out more than £1.34bn annually to combat the growing threat of data breaches and system outages.
Jake Ranson, Banking & Financial Institutions Expert and CMO at Equifax UK, believes both consumers and companies will benefit from the growing development and impetus of Open Banking in the year ahead.
The use of artificial intelligence (AI) in the banking sector is nothing new and we have seen it implemented across a range of areas within financial institutions, such as credit risk management, risk and finance reporting, trading floors, customer relationships and of course, security.
Starting a business from scratch is a wonderful scary but exciting time. It is when you find out if all your hopes and dreams are justified and begin to support yourself without any reliance on an external pay cheque, fulfilling your cherished desire to work in your chosen sector.
Billions of dollars flow into the U.S. from China every year. CNBC’s Uptin Saiidi explores some of China’s biggest assets in New York and explains how the trend is shifting.
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