From Finance Monthly Magazine this Month
Here’s How Banks Will be Able to Find Out You’ve Committed Fraud
Here Christopher Hillman, Principal Data Scientist at Think Big Analytics, A Teradata Company, delves deep into the processes banks use to identify fraud and the culprits within the system. Insurance fraud is a growing problem which many…
Is China’s Ban on ICOs Such a Bad Move?
ICOs are like IPOs, but for new coins. By now you’ll have heard about Bitcoin and blockchain, except that by now there are already over 900 other brand-new cryptocurrencies, just like Bitcoin, competing for a cryto-market in which digital…
The Top 5 Books on Wealth Management
Below Finance Monthly hears from Rob Moore, Author of the new global best-seller ‘Money - know more, make more, give more’ and Life Leverage Host of the Disruptive Entrepreneur podcast, on his top 5 books about wealth accumulation,…
Your Thoughts: Hurricanes Vs Markets
Between hurricane Harvey and Irma, states in the US have been truly ravaged by disaster. The effects of destruction have now left long lasting marks on local economies and the performance of markets, among many other things. OPEC, for…
Hurricane Prep: How Does Flood Insurance Work?
Only 12% of homeowners in the US had flood insurance in 2016. For every one inch of flood, it could cost a homeowner $20,000 in damages. Here’s how flood insurance works, the average cost and if it’s too late to get covered.
Highest Sale on Record but London Buy to Let Sector Remains Sluggish
According to the statistics, Price Central London began to witness a recovery in Q2, both in sales volumes and prices. This follows 2 years of stagnation as buyers held back due to Brexit and residential tax headwinds. The increase in…
Industry Movers Riding the Wave of Bitcoin’s Increasing Value
Bitcoin's recent climb above the $4,500-5,000 mark is just one example of how its market capitalization continues to gain unprecedented reach. From cannabis to technology, bitcoin has impacted industries far and wide, but analysts believe…
Card Transactions on the Rise, More Proof Cash is Out?
Figures released by UK Finance find the number of debit and credit card transactions grew by 12% in the UK in the year to the end of June, the highest annual rate since 2008. The value of spending also rose, accelerating to 7.2%. Lenders…
Game of Loans: Homeowners Believe They Are in a Mortgage Prison
Three in five (60%) people surveyed by Masthaven bank believes that they would find it hard to get a mortgage today - half (50%) of UK homeowners surveyed feel this way, indicating some may feel like mortgage prisoners. According to a new…
PSD2: Forget the Payments Sector as You Know it
Craig James, CEO of Neopay, tells Finance Monthly PSD2 will prove to be the most beneficial piece of legislation for fintech companies in years, and could completely change the face of the UK banking sector. While technology has grown…