Despite cashing in on the cryptocurrency boom, British fintech firm Revolut saw losses almost double in 2020 as it rapidly expanded across the globe and employee costs leaped.
US banking giant Goldman Sachs will offer treasury services and cash management to British companies after launching its retail brand Marcus in the UK in 2018.
The United Kingdom remains the most attractive destination for international financial services investments. However, France, which is the second largest receiver of investment, is rapidly catching up.
There has been a real drive towards ‘frictionless’ banking in Western countries, giving rise to the question: why aren’t cross-border payments equally frictionless? Especially for those in emerging markets, who have everything to lose and much to contribute.
Challenger banks are rapidly establishing themselves as rivals to traditional banking institutions, with individuals and businesses alike making the switch in increasing numbers.
Getting into a car accident is stressful enough, but it becomes more aggravating if the other driver involved leaves the scene. A hit-and-run occurs when someone knowingly flees the scene after causing an accident.
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.
Subscribe to Finance Monthly and Get the Latest Finance News, Opinion and Insight Direct to you every month.
We use cookies to ensure that we give you the best experience on our website. By continuing to use this site you consent to the use of cookies. Privacy PolicyOkI do not consent