Ordering a product recall can give even the hardiest CEO cold sweats, yet if the latest BMW recalls tells us anything it’s that a lengthy delay can cause even more problems. How should businesses approach a recall and what are the best ways of preventing a quality failure? Vincent Desmond, CEO of the Chartered Quality […]
The battle between Ethereum and Ethereum Classic is not just an ideological one, it is also an ethical one. Therefore, to be able to understand the difference between Ethereum and Ethereum Classic, and to understand better what Ethereum Classic is, we need to understand a little bit of history. DAO and the Attack A […]
Recent news reports regarding Marks & Spencer’s shop closures have left other high street retailers feeling fearful about profits. With plans to close 100 stores by 2022, in what M&S bosses are calling a re-organization of the entire retail chain, the aim is to turn a third of its in-store sales into online sales. This […]
Is globalised trade in reverse? Is protectionism on the rise with the potential of a spreading trade war? These are questions at the top of many business leaders’ minds. The answer to both these questions is yes, and business models are going to have to change as a result. Dr Joe Zammit-Lucia, co-author of ‘Backlash: […]
In a report published titled "The Future Of Banking: Islamic Finance Needs Standardization And FinTech To Boost Growth," S&P Global Ratings says it believes the global Islamic finance industry will expand slowly in 2018 and 2019. We think standardization and financial technology (fintech) could help accelerate the industry's growth in the short to medium term. […]
It has emerged that TSB could be facing £16 million in fines for the catastrophic meltdown of its online banking software which prevented customers from accessing their bank accounts and using their debit cards. On the back of our Your Thoughts this week, Yaron Morgenstern, CEO at Glassbox Digital, discusses the important lessons we can […]
Diversifying any investment assets sounds like a likely success in the long term, but what are the risks when it comes to cryptocurrencies? Levi Meade, Investment Analyst at Columbus Capital, provides some insight for Finance Monthly. Diversification and its benefits is an area that has been covered many times in prominent financial literature and is something that […]
With a rise in workplace-related stress, illnesses and mental health issues, half (50%) of working adults in the banking and financial services industries believe that businesses are not doing enough to support the physical and mental wellbeing of their employees, according to a new study. Current treatments such as health check-ups, cognitive behavioural therapy and […]
The Financial Conduct Authority (FCA) cryptocurrency review will be one of the most impactful regulatory reviews in modern times and will shape the burgeoning crypto market for years to come. The UK regulator’s proactive and cautious approach must be welcomed. This observation from Nigel Green, founder and chief executive of deVere Group, comes as the […]
Nearly 9 in 10 technology professionals believe blockchain technology will be as transformative for business as the internet has been. New research from Intrinsic Insights commissioned by BTL Group has revealed that after reduced costs, the main benefits of blockchain technology are greater data security and protection against cyber threats. At a time that concerns over […]
The ongoing TSB IT meltdown has been strong evidence of the risks and challenges financial institutions face daily. It has caused mass uproar from customers and severely tarnished the bank’s overall reputation. TSB started a long-planned move of 1.3 billion customer records from its former parent company, Lloyds Banking Group, to Proteo4, a platform built […]
A recent survey shows 64% of organisations have deployed some level of IoT technology, and another 20% plan to do so within the next 12 months. This is an astonishing fact when you consider the lack of basic security on these devices, or any established security standards. Many companies are turning a blind eye to […]
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