After the construction industry, the financial and insurance sector has the worst gender pay gap in the UK, with women being paid less than men to do the same job. This needs to change, and it needs to change fast!
The financial sector is, and has been for years, a prime target for cybercriminals due to the vast funds and customer information they hold, making them more vulnerable than any other industry. Whilst the prominence of this threat is evident, there is however another far more common and equally dangerous scenario able to cause as much damage to your business as the dreaded ransomware attack. A general IT outage or failure can just as quickly take all systems offline, rendering the whole organisation unable to operate. For example, whilst cyberattacks tend to take over all the headlines, they had nothing to do with the outage at Visa which saw five million transactions fail. Nor were they the cause of the week-long chaos suffered by thousands of TSB customers in 2018. In fact, according to figures published by the FCA, security was responsible for just 119 of 646 operational incidents at financial firms over the course of one year.
In 2019 collaboration has finally caught the attention of the financial services industry as competition is intensifying, and tech giants such as Google, Apple, Facebook, and Amazon are all taking steps to break into the financial sector.
In the sea of companies that exist in every sector today, being noticed is a difficult task. When searching through companies’ websites you see much of the same: a vast ocean featuring the same terminology, the same people and the same qualifications. Every company you sail past has glowing testimonials and is boasting the latest award no one’s ever heard of.
When it comes to emerging markets (EM), there is a considerable level of diversity. The EM landscape has evolved significantly over the last few decades, presenting a wider range of investment opportunities across world markets. While some countries are still in the early stages of industrial and infrastructural development, others are much more adapted to the most advanced technology and greatly integrated into global supply chains and the global economy. Many countries are recognised for their sound macroeconomic policies while others are suffering from significant instability both economically and politically.
London is one of these cities that quite literally never sleep. Staying in central London is often accompanied by a symphony of beeping horns, car alarms and emergency vehicle sirens and finding a hotel with a good location which will also allow you to have a good night sleep could be a challenging task, especially when you’re travelling for work. However, we have found the right hotel for all of you light sleepers out there.
Reece Mennie, the CEO of the UK’s fastest-growing investment introducing firm – Hunter Jones, is looking at how and why traditional banking is failing British SMEs.
Financial services companies are collecting more data than ever before, and this has always been a very data-intensive industry. This proliferation of data is transforming the way financial services companies operate and compete. To put this in perspective, it has been reported that in just the past few years, 90% of the data in the world has been created.
Caroline Whaley, Co-founder of Shine for Women, explains why it’s vital for men to be as empowered as women on the journey to equality in the workplace.
We’re in the midst of a business banking revolution. In the past, legacy structures and slow banking processes were commonplace, with innovation and new technologies from the retail banking world rarely being available for businesses.
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