How Digital Currencies will Affect Business

Digital currencies are changing how transactions are handled and although they’ve been here for a while, people are still trying to understand the impacts.  If you are like most people, you probably know that digital currencies are considered digital gold for this age. For most entrepreneurs, it’s important to pay special attention to ensure you have a good chance to keep up with the competition. Cheaper and faster bank transfers Today, banks move money slowly and international money transfers can...

Treat PPI Claimants Fairly or Face Sanctions, FCA Warns Banks

Britain's banks are on notice to treat people claiming refunds or compensation for payment protection insurance (PPI) to act fairly or face punitive measures, including against their directors. The Financial Conduct Authority (FCA) watchdog told banks and other financial institutions that it is paying close attention to the way they deal with PPI claims, as it works to ensure a two-year deadline for an end to PPI claims is strictly adhered to. It warned it will not stand idly by...

Bilateral trade between the United Kingdom and Malaysia reaches record high levels

The United Kingdom and Malaysia have strong economic ties and a long history of partnership in different fields of economy. What is even better is that these ties will get even stronger in the next period. Namely, UK Export Finance, the popular export credit agency from the United Kingdom, has decided to boost the support for the trade between Malaysia and the United Kingdom to record-high five billion Pounds or 28.35 billion Ringgits. This is definitely good news for the...

Banks renting Frankfurt office space as they prepare to ship out of London

Wall Street is getting set to move to Frankfurt with office space being rented at a rate of knots. Goldman Sachs has agreed to lease 10,000 square metres of office space at the new Marienturm building in Frankfurt, according to Reuters, making it one of the city’s biggest wins since Brexit. The bank will take the eight top floors of a new 37-storey tower now being built, giving it space for up to 1,000 staff. JP Morgan is also considering renting...

Top 3 Stocks to Buy in 2018: Time to Invest

First off, before we move on, we must remind you that you should do your own due diligence before investing because that’s how investors get rich and avoid losing money. Having said this, you should start looking for investment opportunities for the next year, and this article will share with you the top 3 promising stocks that are expected to have an excellent performance in 2018. #1 – Xperi Corporation (XPER): The previous year was bright and prosperous for Xperi...

Retirees in Britain are financially secure, but will any of it benefit the younger generation?

British pensioners are now more financially secure than they ever have been, following the post-election deal between the DUP and Conservative Party, guaranteeing the triple lock pension and winter fuel allowance. More significant is the older generation’s ‘wealth mountain’—the property assets owned by those higher up the housing ladder. Unfortunately for their descendants, it is estimated that just 4 million of the 17 million Brits between the ages of 25 and 44 are set to benefit when their families pass...

What Are the Risks of Currency Fluctuation to Businesses?

Currency is known to be one of the most volatile assets in the world, and many businesses must deal with the fluctuations of various exchange rates on a daily basis. These fluctuations can be significant, making it very difficult to predict how any given currency pairing will behave on any given day. Whilst those trading forex seek to take advantage of these fluctuations, they can present a variety of risks/challenges to businesses of all types, especially those which have dealings...

Why You Should Take An Anti Money Laundering Training Course

Staying up to date on the latest anti money laundering laws and processes is extremely important for any Finance or Banking professional. Anti Money Laundering Training can provide a cost effective and informative way of becoming an expert in these laws. Avoiding being involved in money laundering can save a business time, money, as well as any legal action. Learn From Industry Experts While the information for anti money laundering techniques does exist online, it can be very technical and...

Has the UK election results had any impact on the price on Bitcoin?

The recent skyrocket in Bitcoin’s market value has caused there to be a great deal of speculation about how long lasting this success will be and whether it is just a matter of time before it sees a significant crash (as was the case on previous occasions). As Bitcoin is decentralised by nature, it is possible that it will perform differently than other currencies as it is not controlled by any company, government or a particular organisation. Bitcoin, the very...

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