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Singapore To Ban Cash at Small Merchants: Will Other Markets Follow Suit?

4th May 2018
Despite a well-developed electronic payment infrastructure, cash remains a dominant payment instrument in Singapore with 58.7% of transaction volume made at POS terminals in 2017, according to leading data and analytics company GlobalData. In addition, more than 75% of transactions made at hawkers and wet markets are carried out in cash. This can be primarily […]
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What Role Do Entrepreneurs & Alternative Finance Play Post-Brexit?

4th May 2018
Brexit is edging closer every day, and equally everyday risk and opportunity float in a volatile sea of decisions for every business. Below Luke Davis, CEO and Founder of IW Capital, talks Finance Monthly through the complexities of alternative finance post-Brexit. With a new tax year now underway, the first two weeks of April have […]
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The Promises & Pitfalls of Making Payments in Africa

3rd May 2018
Most conversations about doing business in Africa will include words such as “challenges,” “instability” and “risk.” Nat Davison, Partner at foreign exchange and international payments firm, Frontierpay, explains for Finance Monthly the promises and pitfalls behind payments across the African continent. The same three words are often applied to managing currency risk and making payments […]
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The Top 3 Industries Ripe for IoT Transformation in 2018

3rd May 2018
The Internet of Things (IoT) is all around us. From providing doctors with patient data in real time, to tracking vehicle performance, to automating building systems, IoT is transforming businesses and enabling organisations to create entirely new systems and services, engage customers and drive growth. Below Richard Smith, Regional Manager at SOTI, gives us a […]
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Early Restructuring Advised Ahead of Anticipated Rise in Corporate Insolvencies

2nd May 2018
An anticipated rise in UK and European corporate insolvencies over the next two years should be prompting both borrowers and lenders to take early advice where they have concerns about businesses' solvency outlook, says Ogier offshore restructuring specialist Simon Felton. Simon, a partner in Ogier's Banking & Finance team, was involved in several post-financial crisis […]
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Forex Trading for Beginners: Things to Avoid

2nd May 2018
Forex trading can offer an efficient way of building real wealth. However, it comes with its risks. A few mistakes can end up costing you real money, not just time and effort. Luckily, Adam Truelove, Global Trading Director at Learn to Trade, has some tips on what to avoid. Forex trading for beginners can be […]
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Here’s Why Cash in a Digital Economy Is Still a Must for Travelers

1st May 2018
You may think cash has come to an end, or maybe you’re on the other side of the fence, where cash is king. However, a balance is to be struck. Below WeSwap CEO Jared Jesner explains why travellers will also need cash, despite a predominantly digital economy. Trailing closely behind Sweden and Canada, the United […]
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74% Wrongly Assume Banks Use AI to Detect Money Laundering

1st May 2018
New research by BAE Systems has found that 74% of business customers think banks use machine learning and artificial intelligence to spot money laundering. In reality banks rely on human investigators to manually sift through alerts – a hard-to-believe fact selected only by 31% of respondents. This lack of automation and modern processes is having […]
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Sainsbury’s & Asda: What’s it Really About?

30th April 2018
This week we learnt that two of the UK’s top supermarkets are merging, shaking up grocery shopping for generations to come. The £13 Billion merger between Walmart-owned Asda and Sainsbury’s, which recently bought out Nectar, is set to create a grocery powerhouse that can finally compete against Tesco Stores. Following the announcement shares rocketed and […]
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How Will the Cambridge Analytica Scandal Impact Open Banking?

30th April 2018
The Cambridge Analytica revelations have put the issue of data privacy front and centre in the minds of consumers, policy-makers and businesses. Facebook has taken up much of the media’s attention but with other recent and notable data breaches involving many millions of customer credentials, companies are being scrutinised for their data-handling practices like never […]
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Cryptocurrencies Set for Another Surge in Prices; Here’s Why

30th April 2018
Current market activity indicates that cryptocurrencies are set for “another considerable surge in prices gains” in the near future and Ethereum’s price could reach $2,500 by the end of the year - but investors should exercise caution. This forecast from Nigel Green, the founder and CEO of deVere Group, comes after a strong few days ithe […]
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TransferWise CEO Sees Growing Demand for New 'Borderless' Account

30th April 2018
Kristo Kaarmann, TransferWise Ltd. chief executive officer, discusses the company's new multicurrency online account and the growing demand for its services. He speaks with Bloomberg's Selina Wang on "Bloomberg Technology."
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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.
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