Known for all of its high-end flamboyance, Dubai is on most people’s bucket list destination of travel. And we do not blame them; fear not of conforming to the ‘wanna-be’ celebrity WAG’s ideal home away from home, because Dubai truly will baffle you. Grandeur being her middle name, the United Arab Emirate city overshadows […]
This month, Finance Monthly caught up with Aubrey Mills – a mother, Ms. California Woman of Achievement 2018 and a Business Development Leader at World Financial Group. Below, Aubrey tells us about her passion for educating families, individuals and businesses in ways to make money, save money, and stay out of debt. What does […]
Kim Desrosiers is a Managing Director within the Environmental Solutions practice of FTI Consulting - an independent global business advisory firm, dedicated to finding solutions to complex problems for clients. Kim started in client services in the environmental space twenty-five years ago, moving from federal enforcement into the private sector. Here, Kim speaks to Finance […]
Daniel D. Morris is the Founding Partner of the Silicon Valley, Los Angeles, and Portland (Oregon) based CPA firm, Morris + D’Angelo, which focuses on servicing entrepreneurial families and their businesses. The firm utilises an integrated and holistic approach designed to help customers navigate the most complex and sensitive of matters. Below, Daniel discusses the […]
There used to be a certain romance about a classic bank robbery - the outlandish plots, the intricate planning and the ingenious strategies (often involving digging tunnels) designed to get criminals into the vault and out with the cash. In the 21st century, though, the digital banking revolution means that instead of cracking the vault, […]
More than two fifths (41%) of finance back-office processes could be automated in the next five years, a new study from global customer services provider Arvato CRM Solutions and management consulting firm A.T Kearney has found. According to the new report, 41% of finance back-office processes are set to be performed by robots by 2023, […]
The financial services industry must “unite and fight” against a no-deal Brexit that potentially erodes clients’ rights and damages the financial sector itself. This warning from deVere Group founder and CEO, Nigel Green, comes as the UK's International Trade Secretary, Liam Fox, said that Britain should accept a ‘no-deal’ scenario, instead of requesting more negotiating time. It […]
As UK banks continue to report their interim results, the forecast remains positive for banking giants Royal Bank of Scotland (RBS) and Lloyds Banking Group. While the outlook is rosy, traditional lenders still face fierce competition from digital challenger banks, with 61% of smartphone owners opting to bank solely online. RBS is expected to outperform […]
Thursday's plunge knocked roughly $120 billion in market value off the tech stock and is dragging the rest of the sector lower. Before Thursday, Facebook's largest single-day loss came in July 2012 when it shed 11%. The company missed projections on key metrics after struggling with data leaks and fake news scandals.
What’s that saying? You’re more like to get divorced than you are to switch your bank account. Below Matt Shaw, Strategist at RAPP UK, explores why high-street banks need to re-connect with young customers or face losing the next generation to digital first challengers. For ten years now consumers have been used to getting less […]
According to the latest YouGov debt research commissioned by Equifax, 15% of UK adults have missed a payment on a credit card or short term loan at some point. Almost a third (32%) of UK adults with a credit card admit that, in a typical month, they don’t pay off their credit cards debts in […]
Below Graeme Dillane, manager, financial services, InterSystems, offers insight into best practices in the financial services industry, highlighting where current weaknesses lie and how they can overcome. Increasing trade volumes and periods of high market volatility create technology challenges for financial services firms. This is especially true for sell-side firms, which can experience extremely high […]
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