Technology is bringing the finance industries one step closer to fighting money laundering thanks to the special identification of irregularities in trends and patterns of data, thus creating more 'hits' and fewer 'false negatives.' Aashu Virmani, CMO at Fuzzy Logix here talks to Finance Monthly about the potential impact data analytics can have on fighting money […]
The world's 500 largest family businesses account for a combined USD 6.8 trillion in annual sales, enough to be the third-largest economy in the world (surpassed only by the US and China) and employ nearly 25 million people. These and other findings were released in the biennial Global Family Business Index compiled by the University […]
Global middle market organizations, companies with annual revenues of USD 1 million -USD 3 billion, are showing no signs of slowing down in the face of geopolitical uncertainty. Over one-third (34%) of middle market companies plan to grow 6%-10% this year, far outpacing the latest World Bank global GDP growth forecasts of 2.7%, by more […]
Mark Hixon is a Partner at global advisory firm Transform Performance International with over 25 years’ experience advising Fortune 500 companies on their cost management solutions. Here he provides Finance Monthly with 7 ways to manage costs and what considerations to make. Not long ago, British Airways suffered a huge and unprecedented system failure. Flights […]
Mortgage rates in the US fell for the third week in a row, with the benchmark 30-year fixed mortgage rate falling to the lowest level in more than six months, according to Bankrate.com's weekly national survey. The average 30-year fixed mortgage has a rate of 4.09%, the lowest since November 16th 2016, and an average […]
On 18th April 2017, the UK Prime Minister Theresa May announced today’s snap general election, 8th June 2017. Three years earlier than scheduled, May’s official reason was to strengthen her hand in the Brexit negotiations, which she feared the other parties would try and frustrate. With 650 parliamentary constituencies, the general public will elect one […]
On the surface, a car sharing business seems like a win-win proposition: You earn a profit on vehicles that would otherwise be parked most of the time, and customers win because they don’t need to invest in the purchase of their own cars. Considering that the typical car costs close to $10,000 per year to […]
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