Finance

UK recession might be under way after economy shrinks in Q3

UK recession might be under way after economy shrinks in Q3

By William Schomberg and Sarah Young LONDON (Reuters) -Britain’s economy might be in a recession, according to data that showed..

The 2024 Payments Landscape: Navigating Opportunities and Threats in the Age of AI and Fraud

The 2024 Payments Landscape: Navigating Opportunities and Threats in the Age of AI and Fraud

A pivotal moment has arrived for the payments industry. Fintech innovations are transforming the payments landscape, from ..

Instant view: BoE keeps interest rates at 15-year high, says rates to stay high

Instant view: BoE keeps interest rates at 15-year high, says rates to stay high

LONDON (Reuters) – The Bank of England kept its key interest rate at a 15-year high of 5.25% on Thursday and said British inter..

Sweden’s Riksbank says policy must remain tight, can’t rule out hike – minutes

Sweden’s Riksbank says policy must remain tight, can’t rule out hike – minutes

STOCKHOLM (Reuters) – Swedish monetary policy needs to remain tight for some time and the policy rate may need to be raised fur..

Exclusive-Four banks quit initiative assessing climate targets-sources

Exclusive-Four banks quit initiative assessing climate targets-sources

By Tommy Wilkes LONDON (Reuters) -Four major banks, including Standard Chartered Plc and HSBC Plc, have quit a United Nations-backed ..

Holiday Havoc: Navigating the surge in online fraud during the festive season

Holiday Havoc: Navigating the surge in online fraud during the festive season

By Saminu Salisu, co-founder of Bilic Saminu Salisu With the holiday season fast approaching, retailers are preparing for..

Dollar eases in thin Black Friday trading on bets rates have peaked

Dollar eases in thin Black Friday trading on bets rates have peaked

Dollar eases in thin Black Friday trading on bets rates have peaked By Joice Alves and Ankur Banerjee LONDON/SINGAPORE (Reuters) ̵..

BNB Chain Sees 1-year Transaction High; Demonstrates Network Reliability After BSC Surge

BNB Chain Sees 1-year Transaction High; Demonstrates Network Reliability After BSC Surge

November 19 saw BSC record more than 9.5M transactions in a single day Earlier in the week, BSC demonstrated gas price stability duri..

Payments app Zelle begins refunds for imposter scams after Washington pressure

Payments app Zelle begins refunds for imposter scams after Washington pressure

(Reuters) – Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concern..

Don’t confuse customers over stablecoins, Bank of England warns lenders

Don’t confuse customers over stablecoins, Bank of England warns lenders

LONDON (Reuters) -The Bank of England told lenders on Monday that they must avoid any risk that customers might confuse new forms of e..

Allotment loans for federal employees with bad credit

Allotment loans for federal employees with bad credit

In today’s financial landscape, many federal employees find themselves facing the daunting challenge of bad credit. This issue n..

How could quantum computing benefit the financial services industry

How could quantum computing benefit the financial services industry

Quantum computing, a groundbreaking field at the intersection of physics and computer science, has the potential to reshape industrie..

Types of hedge funds

Types of hedge funds

The world of finance and investment is a complex and dynamic landscape, and at the heart of it lies a powerful and enigmatic entity kn..

Best Skills to Learn to Make Money

Best Skills to Learn to Make Money

In today’s rapidly evolving job market, acquiring valuable skills is crucial not only for personal growth but also for financial..

How to make passive income online

How to make passive income online

In the ever-evolving digital landscape, the concept of generating passive income online has become a beacon of financial freedom for ..

Cash Flow Management for Small Business

Cash Flow Management for Small Business

  In the dynamic world of small business, effective cash flow management isn’t just a recommended practice; it’s a v..

Sweden, UK lead European shares lower on rate-hike fears

Sweden, UK lead European shares lower on rate-hike fears

By Shashwat Chauhan and Ankika Biswas (Reuters) -UK and Swedish stocks led declines among European peers on Tuesday after data from b..

UK lenders trial government-backed loans for risky borrowers

UK lenders trial government-backed loans for risky borrowers

LONDON (Reuters) – A handful of small UK commercial lenders are offering interest-free loans to high-risk borrowers, as part of ..

US dollar gains broadly as risk sentiment turns sour after poor Chinese data

US dollar gains broadly as risk sentiment turns sour after poor Chinese data

By Gertrude Chavez-Dreyfuss and Samuel Indyk NEW YORK/LONDON (Reuters) – The U.S. dollar firmed across the board on Tuesday, ga..

How AI is going to re-write the rulebook for financial services

How AI is going to re-write the rulebook for financial services

Artificial intelligence (AI) is poised to revolutionise the financial services industry. Just ask Google, who recently lau..

Lessons in FinTech: Paving the way for more women in chargebacks

Lessons in FinTech: Paving the way for more women in chargebacks

By Monica Eaton, Founder, Chargebacks 911: What is your story and how did you get where you are? I set up an eCommerce..

Dollar higher after Powell says Fed inflation fight ‘has a long way to go’

Dollar higher after Powell says Fed inflation fight ‘has a long way to go’

By Saqib Iqbal Ahmed NEW YORK (Reuters) -The U.S. dollar edged higher against a basket of currencies on Wednesday after Federal Reser..

The role of IT cost optimisation in weathering the economic storm

The role of IT cost optimisation in weathering the economic storm

By Gudmundur Adalsteinsson, Chief Sales Officer, Crayon Technology is never an area without big stories, but there are t..

World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook

World Bank cuts 2024 global growth forecast as rate hikes bite but lifts 2023 outlook

By David Lawder WASHINGTON (Reuters) -The World Bank on Tuesday raised its 2023 global growth outlook as the U.S., China and other ma..

Will AI replace the role of Financial Advisory?

Will AI replace the role of Financial Advisory?

In the 90’s when an Artificial Intelligence (AI) machine beat a chess world champion for the first time, it was an i..

UK has bigger inflation problem than US or euro zone – BoE’s Mann

UK has bigger inflation problem than US or euro zone – BoE’s Mann

LONDON (Reuters) – Britain has a bigger inflation problem than the United States or the euro zone, with both large headline pric..

Dollar gains against yen as Fed policy, debt ceiling in focus

Dollar gains against yen as Fed policy, debt ceiling in focus

By Karen Brettell NEW YORK (Reuters) – The dollar rose against the Japanese yen on Monday, holding just below a six-month hig..

Concern over US default risk grips global markets as talks resume

Concern over US default risk grips global markets as talks resume

By Chris Prentice and Nell Mackenzie NEW YORK/LONDON (Reuters) -Unease over how U.S. debt ceiling negotiations will pan out gripped g..

Dollar weakens after gains all week; debt deal hopes boost market sentiment

Dollar weakens after gains all week; debt deal hopes boost market sentiment

LONDON/NEW YORK (Reuters) – The dollar fell on Friday after posting gains for most of the week, as optimism over a breakthrough ..

Wall Street gains, dollar climbs on solid data, debt ceiling progress

Wall Street gains, dollar climbs on solid data, debt ceiling progress

By Stephen Culp NEW YORK (Reuters) -Wall Street turned higher and the dollar reached a seven-week peak on Thursday as discount retail..

German economic growth to remain muted in near term – IMF

German economic growth to remain muted in near term – IMF

BERLIN (Reuters) -The German economy has shown resilience over the last year thanks to a strong policy response and a mild winter, bu..

Oil eases on lackluster Chinese import data, U.S. economy woes

Oil eases on lackluster Chinese import data, U.S. economy woes

HOUSTON (Reuters) -Oil prices fell on Tuesday, retreating from strong gains of the previous two sessions due to lackluster Chinese imp..

Efficiency must radiate from the finance function

Efficiency must radiate from the finance function

Any business, in the right place at the right time, can find itself rocketing from zero to one hundred at a moment’s notic..

U.S. dollar struggles, pound hits one-year high

U.S. dollar struggles, pound hits one-year high

By Laura Matthews and Alun John NEW YORK/LONDON (Reuters) – The dollar remained relatively weaker against most of its major peer..

Dollar jumps as U.S. job gains, wage growth beat expectations

Dollar jumps as U.S. job gains, wage growth beat expectations

NEW YORK (Reuters) – The dollar jumped on Friday after data showed that U.S. employers added more jobs than expected in April, w..

Bangladesh moves up the ranks and could become the 24th largest economy by 2036

Bangladesh moves up the ranks and could become the 24th largest economy by 2036

Bangladesh, located in South Asia, has made significant strides in recent years, with the country becoming one of the fastest-growing ..

The trajectory of banking – How the different generations are driving the changes in banking

The trajectory of banking – How the different generations are driving the changes in banking

By Philipp Buschmann, CEO and Co-founder of AAZZUR We are living in very exciting times, the huge advancements in techno..