Finance

Decentralised Matrix network hits 60 million users, sets sights on 100 million

Decentralised Matrix network hits 60 million users, sets sights on 100 million

Decentralised Matrix network hits 60 million users, sets sights on 100 million Secure messaging protocol grows 71% in 2021, as 25 mill..

Cisco AppDynamics Study: New Class of Post-Pandemic Technology Leaders Emerges to Tackle the Experience Economy

Cisco AppDynamics Study: New Class of Post-Pandemic Technology Leaders Emerges to Tackle the Experience Economy

  Spiraling Complexity and Business Expectations Spawn Growing Skills and Resources Demands News Summary: Cisco AppDynamics has ..

Patchworks celebrates landmark year of growth, raising a further £1.5mn to supercharge expansion

Patchworks celebrates landmark year of growth, raising a further £1.5mn to supercharge expansion

  London, UK – 12th July 2022 – Retail integration platform Patchworks has received a further £1.5 million in funding from ..

Housing costs take huge bites out of older people’s income as mortgage-free dreams vanish

Housing costs take huge bites out of older people’s income as mortgage-free dreams vanish

The majority of older households own their home outright, but a quarter still have either rent or mortgage payments. In 2020-21, socia..

AE reform and state pension fix top of agenda for new pension minister

AE reform and state pension fix top of agenda for new pension minister

  Guy Opperman became minister for pensions and financial inclusion in June 2017 and took Steve Webb’s title as longest serving ..

Merger of Rephine with Forum Auditorias & TDV creates clear market leader in global GMP audit services

Merger of Rephine with Forum Auditorias & TDV creates clear market leader in global GMP audit services

  The merger will enable Rephine and the TDV group to provide a one-stop-shop for more of their clients’ needs, and materially ex..

Quantexa Named a Strong Performer In 2022 Analyst Report for AML Solutions

Quantexa Named a Strong Performer In 2022 Analyst Report for AML Solutions

  First time entrant recognized: “Quantexa has differentiated KYC and CDD and transaction monitoring development roadmap plans…” ..

TCS Launches ESG Integration Solution on AWS to Accelerate Sustainable Investing

TCS Launches ESG Integration Solution on AWS to Accelerate Sustainable Investing

  Tata Consultancy Services’ ESG Integration Solution on AWS Provides Investment Managers with Access to Quantifiable, Standardis..

New research: More than one in five SMEs unable to access external finance

New research: More than one in five SMEs unable to access external finance

  22% of SMEs that needed external finance over the last two years were unable to access it 27% have had to stop or pause an are..

Tik-Tok style investment startup secures £205k in pre-seed funding from SFC Capital

Tik-Tok style investment startup secures £205k in pre-seed funding from SFC Capital

  FinTech startup Zeed uses short-form videos to break down financial concepts and empower Gen Z investors across Europe  London,..

Access to finance needed to support ambitious UK SMES

Access to finance needed to support ambitious UK SMES

    57% of UK SMEs are bullish about their 12-month outlook Delivering growth and innovation the key priority for business One i..

NFT market set to be worth £84bn by 2028

NFT market set to be worth £84bn by 2028

  Key NFT players rubbish talk of a long-term ‘crypto winter’ as market begins to regain its momentum London 30th June 2022: The ..

TransferGo hires new Global Head of Banking Infrastructure to power international partnerships

TransferGo hires new Global Head of Banking Infrastructure to power international partnerships

  Viktor Lysyuk joins from VISA to accelerate TransferGo’s commitment to bringing better, fairer financial services to the global..

The metaverse will change the way we interact with brands, but not overnight

The metaverse will change the way we interact with brands, but not overnight

  Dave Flanagan, Chief Product Officer at Sitecore Fashion and retail brands are already taking impressive steps into the metaver..

Cross-border payments disruptor xpate launches core banking solution to leapfrog legacy platform limitations

Cross-border payments disruptor xpate launches core banking solution to leapfrog legacy platform limitations

xpate’s new core banking solution will speed up and simplify merchant payment gateway integration with multiple acquirers Cross-borde..

ALQUITY AND SPOUTING ROCK ASSET MANAGEMENT JOIN FORCES TO LAUNCH NEW PLATFORM TO ACCELERATE ADOPTION OF ESG INVESTING IN U.S.

ALQUITY AND SPOUTING ROCK ASSET MANAGEMENT JOIN FORCES TO LAUNCH NEW PLATFORM TO ACCELERATE ADOPTION OF ESG INVESTING IN U.S.

  ∙       Alquity, the leading responsible investment manager and Spouting Rock Asset Management form strategic partnership ∙    ..

Dollar moves off lows on heels of inflation data

Dollar moves off lows on heels of inflation data

By Chuck Mikolajczak NEW YORK (Reuters) – The dollar moved sharply off its lows on Wednesday and briefly turned positive on the ..

Cryptoverse: Buying the dip? Bitcoin’s a rates rookie

Cryptoverse: Buying the dip? Bitcoin’s a rates rookie

By Lisa Pauline Mattackal and Medha Singh (Reuters) – Bitcoin has scant experience with rising interest rates, posing perils for..

BoE’s Saunders worries inflation will be higher than forecasts

BoE’s Saunders worries inflation will be higher than forecasts

By David Milliken and William Schomberg LONDON (Reuters) -Bank of England policymaker Michael Saunders, who called in vain for a big i..

Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules

Swiss press freedom dealt blow in bid for overhaul of bank secrecy rules

By Brenna Hughes Neghaiwi ZURICH (Reuters) -Lawmakers blocked a bid to overhaul strict Swiss banking secrecy rules on Friday in a blow..

Rouble weakens sharply from over 2-year high vs euro before long weekend

Rouble weakens sharply from over 2-year high vs euro before long weekend

(Reuters) -The Russian rouble dropped sharply on Friday, pulling back from a more than two-year high against the euro as the spectre o..

U.S. rate outlook hits stocks, propels dollar to 20-year highs

U.S. rate outlook hits stocks, propels dollar to 20-year highs

By Carolyn Cohn LONDON (Reuters) – U.S. stock futures were indicating a lower open on Friday following a slide in the previous s..

BoE flags risk of recession and 10% inflation as it raises rates again

BoE flags risk of recession and 10% inflation as it raises rates again

By David Milliken, William Schomberg and Andy Bruce LONDON (Reuters) -The Bank of England sent a stark warning that Britain risks a do..

Anti-money laundering startup First AML opens UK doors   to rush of inbound business enquiries

Anti-money laundering startup First AML opens UK doors  to rush of inbound business enquiries

  Increased sanctions, record fines for money laundering violations, and rise in  tax evasion creates ‘perfect storm’ Company hir..

Dollar slips before expected Fed rate hike

Dollar slips before expected Fed rate hike

By Karen Brettell NEW YORK (Reuters) – The dollar fell against a basket of currencies on Wednesday ahead of the outcome of a Fed..

Dollar on track for best month since 2015

Dollar on track for best month since 2015

By Karen Brettell NEW YORK (Reuters) – The dollar slipped from 20-year highs against a basket of currencies on Friday but remain..

Analysis-Banks lag bond yield surge as recession worries trump cheap valuations

Analysis-Banks lag bond yield surge as recession worries trump cheap valuations

By Danilo Masoni MILAN (Reuters) – Expectations of rising interest rates have failed to lift valuations of European bank shares ..

Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan

Dollar hits 20-yr high as yen tumbles on dovish Bank of Japan

By Karen Brettell NEW YORK (Reuters) – The dollar hit a 20-year high against rivals on Thursday as the Bank of Japan doubled-dow..

Closer U.S. ties would ‘reboot’ UK finance after Brexit, says report

Closer U.S. ties would ‘reboot’ UK finance after Brexit, says report

By Huw Jones LONDON (Reuters) -Britain should move further and faster in reforming its financial rules to ‘reboot’ after B..

Analysis-Euro peers over the cliff at dollar parity as recession looms

Analysis-Euro peers over the cliff at dollar parity as recession looms

By Saikat Chatterjee LONDON (Reuters) – The euro’s drop to a five-year low is rekindling the possibility the currency will..

BoE set to walk the line between inflation and recession

BoE set to walk the line between inflation and recession

By William Schomberg LONDON (Reuters) – The Bank of England next week will try to walk what Governor Andrew Bailey calls a ̶..

Economic growth risks jolt inflation-obsessed markets

Economic growth risks jolt inflation-obsessed markets

(Refiles to fix date to April 27 not April 26) By Sujata Rao and Dhara Ranasinghe LONDON (Reuters) – After months focusing on ce..

Discount Supplements sports 87% increase in revenue through partnership with Visualsoft

Discount Supplements sports 87% increase in revenue through partnership with Visualsoft

  87 percent year-on-year increase of new visitor revenue 50 percent increase in site sessions  78 percent year-on-year increase of re..

METAVERSE STARTUP CHALLAU RAISES FRESH VC FUNDING FROM OCULUS INVESTORS TO TAKE ON FACEBOOK’S META 

METAVERSE STARTUP CHALLAU RAISES FRESH VC FUNDING FROM OCULUS INVESTORS TO TAKE ON FACEBOOK’S META 

26 April 2022, LONDON – Challau, the metaverse platform which enables users without a VR headset or high-end computer to enter immersi..

Britain says EU will struggle to shift euro clearing from London

Britain says EU will struggle to shift euro clearing from London

By Huw Jones LONDON (Reuters) – Britain’s financial services minister said on Tuesday that the European Union would find i..

Be simple in bank capital, Bank of England tells global regulators

Be simple in bank capital, Bank of England tells global regulators

By Huw Jones LONDON (Reuters) – The complex system of bank capital buffers could be radically simplified to encourage banks to k..

U.S. dollar rallies to more than 2-year hike on steep Fed rate hike outlook

U.S. dollar rallies to more than 2-year hike on steep Fed rate hike outlook

(Adds bank affiliation BNP Paribas in analyst quote in 5th paragraph) By Gertrude Chavez-Dreyfuss and Stefano Rebaudo NEW YORK (Reuter..