finance
monthly
Personal Finance. Money. Investing.
Contribute
Newsletter
Corporate

December 2019

more information

8.17 Million at Risk of Financial Exclusion in a Cashless Society

30th December 2019
Cash usage is in decline in every region around the world, with eWallets, credit cards and bank transfers becoming the most popular payment methods in 2018, new research shows. 
Read the full article

Half of Adults With Adverse Credit Use the Web to Find a Broker

27th December 2019
Almost half (49%) of adults who have experienced adverse credit in the last three years and are planning to purchase a house in the next 12 months with a mortgage or remortgage, said they would use online research to find a broker.
Read the full article

2020 - The Year of Sustainable Finance?

23rd December 2019
Charlie Reading, MD and Founder of Efficient Portfolio explores the concept behind sustainable finance and what 2020 holds for it.
Read the full article

5 Key Trends that Will Shape the Financial Services Industry in 2020

23rd December 2019
2020 marks the end of a crucial decade for the financial services industry, a decade in which we witnessed a lot disruption and positive innovation that brought about new opportunities - not to mention, challenges - for financial institutions. The next decade promises to be even more dynamic. As we look ahead at financial services in 2020 and beyond, here are some of the key trends we can expect to shape the industry.
Read the full article

How Generation Z is Demanding a Step Forward in Security

23rd December 2019
Predicted to be the generation in existence in the next few years, and accounting for 40% of all consumers by 2020, Generation Z is a segment of society not to be underestimated. As the spending power of this generation grows, its consumer behaviour is anticipated to affect the consumer world greatly. Modern banking is one of the many establishments that is already facing a significant change. IDEX Biometrics’s recent research into the attitude of Generation Z towards online security, banking and biometrics found that 79% of 16-24-year olds believe banks need to do more to protect customers from fraud. In fact, even though they are the youngest consumers, an enormous 95% of this age group think banks need to increase fraud protection for their customers. David Orme tells us more about the research’s findings and Gen Z’s expectations when it comes to security.
Read the full article

What does Asia’s Tax Transformation Mean for Global Authorities?

23rd December 2019
Much has been written about the impact the transformation of Latin America’s tax regimes has had on tax authorities across the world. In light of the region’s success, waves of digitisation and real-time controls have been adopted throughout the European Union, for example, with countries including Spain, Hungary, and - most recently - Italy digitally transforming their taxation systems. Even more recently, there have been signs that major Asian economies, inspired by this activity, are taking these initial ideas and applying their own interpretations. We may, however, be witnessing the advent of a new tax model that’s potentially more interventionist and stated-driven than anything else we’ve seen to date. It’s understandable that governments will do what they can to increase revenue and close gaps in their country’s tax system. But a balance must be struck between the need to tighten regulations and ensuring the system doesn’t render that country’s businesses less competitive than companies in other countries.
Read the full article

Could Banks Have Handled the PPI Scandal More Efficiently?

23rd December 2019
The deadline to claim PPI compensation has passed. It is now clear just how poorly the financial services industry estimated their losses, with the total cost to British banks from PPI claims exceeding £50bn. This is not an abstract loss or mere balance sheet adjustment – these expenses eat into profits and shareholder returns. Adding to the industry’s frustration is the knowledge this issue could have been identified and prevented many years ago.
Read the full article

Will the 2020s be the Decade the Stock Exchange Dies?

23rd December 2019
Daniele Mensi, CEO of Nexthash Group, explains how the global investment structure may change in the next 10 years.
Read the full article

Beyond Borders: Moving Money Changes Lives

23rd December 2019
Global money transfers now have more impact in emerging economies than foreign aid and foreign direct investment. But how and why have global money transfers grown and where will it go next?
Read the full article

3 Reasons Why P2P lending is a Viable Alternative to Stocks and Shares

23rd December 2019
Traditional stocks and shares investments are gradually slowing to make way for opportunities that provide more predictable returns on investment, with peer-to-peer lending rapidly increasing in popularity among investors looking to make a nice profit. Here, Richard Litchfield, Head of Operations at peer-to-peer lending platform Lending Works, discusses why you might want to invest with P2P instead of stocks and shares.
Read the full article

The Financial World Will Be Completely Reliant on Big Data Within 5 Years

23rd December 2019
Almost two-thirds (64%) of CFOs expect that within the next five years the financial world will no longer be able to operate without big data, however, 13% of CFOs think this is already the case. Currently, financial directors are mainly using big data to make well-informed decisions (54%), to make predictive analyses (41%) and to analyse large, unstructured databases (29%). Almost one-fifth of CFOs (18%) do not use big data at all, according to the results of the 2019 FinTech Barometer, an annual survey conducted by order-to-cash specialist Onguard.
Read the full article

The Migration from Legacy IT Systems to the Cloud

23rd December 2019
John Spencer, Chief Product Officer at Veridium comments on the challenges financial institutions are facing with legacy IT infrastructure and the benefits of migrating to the cloud through services such as AWS.
Read the full article
1 2 3 … 5

About Finance Monthly

Universal Media logo
Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.
© 2024 Finance Monthly - All Rights Reserved.
News Illustration

Get our free monthly FM email

Subscribe to Finance Monthly and Get the Latest Finance News, Opinion and Insight Direct to you every month.
chevron-right-circle linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram