The 10 Places In London You Are Most Likely To Spot A Billionaire

Edmund Ingham lifestyle and fashion, Travel

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If billionaire spotting is one of your favourite past-times, then London is a great place to live!

Well, to be precise, it is the fifth best city to inhabit, or visit, because, according to Forbes, there are more billionaires residing in New York (82), Hong Kong (75), Moscow (73), and Beijing (54), than in London, which is home to “just” 50. Read more “The 10 Places In London You Are Most Likely To Spot A Billionaire”

Finding Neom; Saudi Arabia’s Plan To Transform 26,500 Sq. Km Of Untouched Land Into The World’s Most Futuristic City

Edmund Ingham Breaking News, lifestyle and fashion

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You may think of Saudi Arabia as an oil-rich nation of unrivalled wealth, strict religious observance, and even stricter civil laws that tend to reinforce a male-dominated society, but if the current Saudi leadership has its way, your children almost certainly won’t.

Saudi Arabia has been on a charm offensive over the past six months, as it promotes 2 of the most ambitious sounding projects the world has ever heard of. Read more “Finding Neom; Saudi Arabia’s Plan To Transform 26,500 Sq. Km Of Untouched Land Into The World’s Most Futuristic City”

Pay With Google? New Service From Search Giant Unveils Surprise New Feature

Edmund Ingham Payments, Personal Finance

It’s probably safe to assume that nearly every person in possession of a credit, debit, or even a store card, has shared those card details with Google on at least one occasion.

Maybe you have made a purchase at the Google Play store. Perhaps you have added a card to Android Pay, or shared your details with YouTube, or almost certainly used them whilst browsing using Google Chrome. Read more “Pay With Google? New Service From Search Giant Unveils Surprise New Feature”

The Top 3 International Money Transfer Apps In Asia You Need To Know About

Edmund Ingham Breaking News, money transfer

This content is brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies

A new wave of disruptive remittance startups have sprung up in Asia, providing workers and families who need to send money overseas to support loved ones with a cheaper, and easier process than ever before. Read more “The Top 3 International Money Transfer Apps In Asia You Need To Know About”

UK Is Third Most Cashless Country In The World, China Sixth, According To New Study

Edmund Ingham Breaking News, Payments

This content is brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies

The UK is reputed to be one of the most tech-savvy economies in the world, with digital banking, payments systems and finance platforms to rival anywhere in the world.

A new report from Forex Bonuses has ranked the UK as the third most cashless society in the world, behind only Canada, in first place, and Sweden. China, often thought of as the next global leader in fintech disrupted services, thanks to home-grown ecommerce giants like Alibaba and its affiliated payments service Alipay, and mobile wallet integrated full-service apps like WeChat, ranked sixth. Read more “UK Is Third Most Cashless Country In The World, China Sixth, According To New Study”

Latest Figures Show The UK Economy Is Suffering But Could It Just Be A Blip – Can Technology Save Us?

Edmund Ingham economy, Personal Finance

This week, we have learned a lot about the state of the economy in the UK, and what it means for the woman or man in the street. 

Firstly, we have learned that inflation hit its highest level since 2012 in October, rising from 2.9%, past the psychological barrier of 3%. Bank of England governor; Mark Carney, has warned that is is likely to rise further.

The main reason that inflation has risen as much as it has is of course Brexit; lest we forget, last June’s vote to leave the EU caused the pound to drop more than 13% against the euro, to a 31-year low, making imports far dearer, and pushing up the prices of nearly all goods produced outside of the UK, and especially fuel, food and transport costs. Read more “Latest Figures Show The UK Economy Is Suffering But Could It Just Be A Blip – Can Technology Save Us?”

Buying Property Overseas: 10 Crucial Things To Consider Before You Take The Plunge

Edmund Ingham General, Moving Abroad, Property Purchase

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Welcome to our guide to buying property overseas.

It’s around this time of year, with winter well and truly descending upon us, and daylight-saving time rearing its ugly head, that many of us, those that can afford it, consider the possibility of either relocating overseas, or acquiring a property overseas.

Wouldn’t it be just great to know that, faced with a particularly grim weekends’ weather, we can simply jump on the Eurostar or into the family car, or onto a direct flight to France, Spain, Portugal, Italy, or even Croatia, Bulgaria, Montenegro, Albania…or even further afield?

A ski-chalet in the Swiss Alps. A beachside villa in Sitges. A small finca in the Balearics. It’s not as much of a pipe dream as you might think.

All you have to do is to break the process down into small steps, set targets, timeframes, price limits, and devote a decent chunk of time to researching – or better still, visiting – the places where you’d most like to purchase a second home. Here’s how. Read more “Buying Property Overseas: 10 Crucial Things To Consider Before You Take The Plunge”

WorldRemit Make Move Into Lucrative Far East Remittance Market After Joining Malaysia Bank Negara’s Exclusive Sandbox Programme

Edmund Ingham Breaking News, money transfer

This content is brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies

We may have returned from Malaysia nearly two weeks ago now, but relations between the Far Eastern Fintech hub of Kuala Lumpur and London are clearly getting even stronger!

World Remit, the London-based money transfer company that says it is handling more than 700,000 transfers to 140 receiving destinations every month, has announced that it is launching in Malaysia. Read more “WorldRemit Make Move Into Lucrative Far East Remittance Market After Joining Malaysia Bank Negara’s Exclusive Sandbox Programme”

Fintech In Asia – 2 New “Regulatory Sandboxes” Announced in Hong Kong, Whilst A Third Gets An Upgrade. Good News For Customers Worldwide?

Edmund Ingham Breaking News, Fintech, General

This content is brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies

As anybody who regularly reads our blog posts and breaking news updates will probably know, we have recently been travelling in Asia, visiting Malaysia, Singapore, and Thailand, and exploring the countries’ fintech and international money transfer ecosystems.

Fintech in Asia is booming; along with London, New York, and parts of Africa, places like Singapore, and, not to be underestimated, Bangkok and Kuala Lumpur are forging ahead with truly disruptive services and products that will change the face of banking forever.

But in this post we are going to look at some news from Hong Kong, courtesy of Open Gov Asia; last week, not one, not two, but three financial regulators announced plans to introduce “sandboxes” to aid the development of disruptive startup fintech firms. Read more “Fintech In Asia – 2 New “Regulatory Sandboxes” Announced in Hong Kong, Whilst A Third Gets An Upgrade. Good News For Customers Worldwide?”

In London, Even IMF Chief Christine Lagarde Is Suggesting Digital Currencies Could Be The Future!

Edmund Ingham blockchain, Breaking News, Payments

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When it comes to debating digital currencies, increasingly it seems to be the case that we must ask “whose side are you on?”

Are you a sceptic, like JPMorgan Chase CEO Jamie Dimon, or billionaire hedge fund veteran Ray Dalio, or Nobel prize winning economist Robert Shiller, all of whom have bashed bitcoin recently, calling it a “a fraud”, and “a bubble”?

Or are you a “believer”, like Fidelity CEO Abigail Johnson, or even International Monetary Fund chief and economist Christine Lagarde? Read more “In London, Even IMF Chief Christine Lagarde Is Suggesting Digital Currencies Could Be The Future!”

Safaricom Mobile Money Vehicle M-Pesa Rolls Out “1-Tap” Mobile Payments System After 90,000 Sign Up During Trial Period

Edmund Ingham Breaking News, Payments

This content is brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies

Near Field Communications (NFC) technology is the driving force behind M-Pesa 1Tap, which is making it possible for Safaricom’s customers in Kenya to pay for goods and services with their mobiles in a single step. Read more “Safaricom Mobile Money Vehicle M-Pesa Rolls Out “1-Tap” Mobile Payments System After 90,000 Sign Up During Trial Period”

Thailand’s TrueMoney Continues South East Asian Fintech Firms Push Towards The Unbanked With Move Into Myanmar

Edmund Ingham Breaking News, General, money transfer

TrueMoney, the Thai Fintech company, is to enter the market for mobile money in Myanmar, adding the country to an impressive cross-border network that includes Thailand, Cambodia, Vietnam, the Philippines, Indonesia and Malaysia.

TrueMoney allows its users to deposit cash in mobile accounts or at point of sale outlets and transfer cash via a network of agents either domestically or overseas. Read more “Thailand’s TrueMoney Continues South East Asian Fintech Firms Push Towards The Unbanked With Move Into Myanmar”

“Top 10” Remittance Receiver & Sender UK Targeted By Hong-Kong Based TNG After Record Raise As Governments Sign Agreement

Edmund Ingham Breaking News, General, money transfer

This content is brought to you by The Money Cloud – comparing the best rates for sending money overseas offered by hand-picked, regulated brokers and money transfer agencies

As expected, and following a raise of a record $115 million dollars completed in Hong Kong where the business is headquartered, fintech startup TNG is extending its strategic global money transfer partnership with Tranglo Europe Ltd, the cross-border gateway specialists, into the UK.

At the same time TNG will invest $20 million US dollars in the launch of an accompanying e-wallet service. Read more ““Top 10” Remittance Receiver & Sender UK Targeted By Hong-Kong Based TNG After Record Raise As Governments Sign Agreement”