To meet its divestment targets and radically refocus towards cleaner energy solutions, BP will sell off a significant portion of its business that creates chemicals from petrol by-products.
Despite growing acceptance of open banking among European financial executives, there are fears that its benefits are not yet widely understood. What can organisations do to ensure that their transition to open banking proceeds as smoothly as possible?
With several states hurrying to resume business as usual, provoking renewed surges of COVID-19 infection, it is time to examine the damage wrought by the pandemic so far and how an unflattening curve could sink the US economy even further.
Despite being riddled with historic inefficiencies, payments are often overlooked by companies. But COVID-19 has exposed how slow, outdated payment processes are hurting business. Here are three key areas where new payments technology helps companies become more resilient and competitive.
Days after a €1.9 billion hole was discovered in its balance sheet, the German payments company is opening insolvency proceedings and its former CEO has been charged with fraud.
“Building societies will never be able to keep up with startups and online-only banks," is a common platitude you may have heard thrown around. With the right investments, however, building societies can remain competitive yet.
A powerful movement is taking place behind the scenes of recent TV reports and newspaper headlines. In the quest for global dominance in the domain of deep tech, countries are involved in a spirited race to develop the next wave of leading artificial intelligence (AI) technologies.
The ever-changing financial landscape created by COVID-19 has touched every aspect of business. Navigating a way back to normalcy will depend on firms' ability to remain agile.
The conditions of 2020 – a severe pandemic causing furloughing, disruption and mass home-working for finance teams and many other people – means businesses face both increased fraud and fewer defences. Finance teams, potentially stretched and excluded from the office, will nonetheless be the first line of defence and also often the first to uncover them.
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