Fintech Is Slowly Taking Over The Financial Industry FinTech companies are starting up across the globe, but what exactly is FinTech? What is FinTech? Financial Technology (or FinTech as it’s starting to become more commonly known as) is a new industry slowly taking over. FinTech is an industry which offers financial services to people while…
Bank Scams Are Causing Fraud To Increase Banking scams have hit the UKs financial industry; this has caused fraud rates to rise by 26%. The biggest contributor to this was remote fraud which has cost the UK consumer £168 million in 2015. Financial fraud is rising In 2015 £755 million was stolen from financial institutions…
Could The UK Be Faced With yet Another Banking IT Crisis? In 2012, the RBS Group was hit by a banking disaster due to computer system problems. Could similar complex business codes cause further disruptions? The 2012 banking IT failure The RBS Group, which includes the banks NatWest, Ulster Bank, Coutts, and Royal Bank of…
Stop lining the banker’s pockets because of your lack of knowledge Making sure that you know what you’re getting into and stay wise to any hidden potholes makes a big difference to your finances. Not knowing what your options really are can lead to you not getting the maximum possible benefit from any investments. Not…
Have We Learnt Our Lesson Or Are We Heading For Another Crash? The financial crash in 2008 caused panic and terror amongst the financial sector. The biggest fear was a complete financial meltdown which would have a knock on effect on other industries. Why would a financial meltdown cause so much damage? We live in…
Ways To Beat The Banks In a world which appears to be run by the banks, it can feel like we are powerless. However, you may have more power than you thought? Take back control of your money Money affects all of us, without money we would struggle to survive. This is why it’s so…
The math behind Wolf of Wall Street and how it could affect you There are several lessons you could take from Wolf of Wall Street, mostly including things like ‘don’t drive under the influence of drugs’ and ‘committing fraud is a really bad idea’. But there are also less general lessons to be learnt from…
Banks and brokers don’t want you to know many things. So what is it exactly that they do not want you to know? The short answer often feels like ‘everything’, possibly along with feeling like you want to tear your hair out in frustration. Unfortunately, that doesn’t help remedy the problem. What does help is…
How To Ensure The Best From Your Business Broker Business brokers can be a blessing or a curse, so it’s important that you find one that will work for you. What makes a good business broker Business brokers can be a valuable asset when buying or selling a business. A good broker will be there…
