Glint – The App That Lets You Buy, Spend & Share Gold – Launches In London

Ever since the global financial collapse of 2008, banks, currencies, and even governments seem to have gone down and down in our estimation – in fact, it’s quite possible that they have never before been held in such low regard.

First the public’s money was used to bail out the banks, then we were forced to accept record low interest rates, high inflation, and “austerity” as the norm.

This financial malaise has carried on for nearly a decade, but, luckily, the emergence of fintech and the disruption of services that it has wrought has suddenly put us all back in charge of our finances. Now it is the banks that must pander to our needs; now, if they slip up, we, the public, have options. Read more “Glint – The App That Lets You Buy, Spend & Share Gold – Launches In London”

Standard Chartered Is Introducing A Chatbot In Hong Kong With The Brains To Manage Your Money – Just Don’t Expect Miracles

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.

Not so long ago, chatbots were the most talked about new tech on the block. It was believed that soon we would be able to conduct conversations with digital assistants as easily as we could with our PAs.

Well, things haven’t quite turned out that way. Microsoft’s attempt to launch a “twitter bot” in 2016, known as Tay, was nothing short of disastrous, Hackers were quickly able to disrupt and distort the bot’s conversational gambits until Tay began to spout offensive gibberish. Read more “Standard Chartered Is Introducing A Chatbot In Hong Kong With The Brains To Manage Your Money – Just Don’t Expect Miracles”

WalletHub’s Infographic Reveals Top 3 Stocks That The World’s Hedge Fund Billionaires Are Buying & Holding

With more than $6 trillion of assets under management, the world’s 50 largest hedge funds control as much wealth as the GDP of the United States’ 25 smallest states combined.

So when hedge funds take long positions in securities, it’s worth paying attention to who they are backing, and why. Read more “WalletHub’s Infographic Reveals Top 3 Stocks That The World’s Hedge Fund Billionaires Are Buying & Holding”

Art Basel Miami; World Renowned Art Fair Where The Creative Showcase & The Well-Heeled Spend Big

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.

Art Basel, founded by gallerists Ernst Beyeler, Trudi Bruckner and Balz Hilt, staged its first international art fair, in Switzerland, back in 1970. The event attracted tens of thousands of visitors, and work from some 90 prestigious art galleries, and 30 art publishers. Read more “Art Basel Miami; World Renowned Art Fair Where The Creative Showcase & The Well-Heeled Spend Big”

Is The Digital Payments Industry Facing A Backlash From The Pro-Cash Lobby?

If you were to glance at the latest tech or payments industry news, you could be forgiven for thinking that the days of hard currency, or actual, physical, cash were numbered.

But, away from the front line of the digitalisation of all things banking related; bitcoin, e-wallets, online or mobile only accounts; peer-to-peer money transfer services; a group of organisations with a vested interest in the continuing use of physical currency are forming an alliance to secure teh future of notes and coins. Read more “Is The Digital Payments Industry Facing A Backlash From The Pro-Cash Lobby?”

Blockchain Startup R3 Building First Cross Border Payments Platform Using Distributed Ledger Technology

R3, the fintech startup that raised $107 million dollars of investment earlier this year has announced that it will collaborate with 22 of its member banks to build a blockchain-based platform that will enable cross border payments for both central bank and digital currencies.

R3 says that it expects the prototype to be launched before the end of 2017. The company also insists that the new platform will be the first of its kind anywhere in the world. Read more “Blockchain Startup R3 Building First Cross Border Payments Platform Using Distributed Ledger Technology”

The Singapore Fintech Festival Is In Full Swing This Week – Here’s What You Need To Know

When it comes to fintech, the Monetary Authority of Singapore (MAS) is one of world’s most forward thinking organisations.

The agency not only enables local fintech startups to thrive and prosper, but reaches out globally, signing deals with its equivalent local authorities all over the world, from Australia, to the Caribbean, to neighbouring countries in South East Asia – as well as the Financial Conduct Authority in London – with the purpose of collaborating, sharing technologies, and comparing regulatory regimes. Read more “The Singapore Fintech Festival Is In Full Swing This Week – Here’s What You Need To Know”

Visa / IHS Markit Survey Reveals UK Consumer Spending Is Declining At Fastest Rate In 4 Years

Despite Brexit, Britain’s shoppers had been displaying admirable resilience over the past 12 months in the face of a fallen pound, uncertain markets and static wage growth, but now it looks as though conditions may be worsening irreversibly.

Read more “Visa / IHS Markit Survey Reveals UK Consumer Spending Is Declining At Fastest Rate In 4 Years”

6 Reasons Why Saudi Arabia Is The Focus Of The World’s Attention Right Now

They say a week is a long time in politics; it certainly must have felt that way in Riyadh, capital of Saudi Arabia this week. it has truly been one of the most turbulent weeks in recent Saudi political and economical history.

In an unprecedented and unexpected move, an anti-corruption crackdown, authorised by the King, Salman, and carried out by his son, the Crown Prince Mohammed bin Salman, the head of a recently formed anti-corruption unit, saw many of Saudi Arabia’s most powerful and richest people held at the Ritz Carlton hotel in Riyadh. Read more “6 Reasons Why Saudi Arabia Is The Focus Of The World’s Attention Right Now”

Is The UK World’s Best Place To Buy Luxury Goods?

The luxury goods market is back on track. According to research recently compiled by Bain & Co, the consultancy firm, worldwide sales of luxury goods look set to increase, driven by demand from Chinese customers as well as millennial and “Generation Z” shoppers.

Worldwide revenues from personal luxury goods sales are expected to rise 6 percent in 2017, beating forecast projections which indicated a 2-4% increase. Read more “Is The UK World’s Best Place To Buy Luxury Goods?”

New Zealand Tops World Bank List For Ease Of Doing Business, UK Ranks Seventh

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 has held on to seventh place in the World Bank’s annual rankings for Ease of Doing Business; New Zealand topped the list, with Singapore, Denmark, Hong Kong and South Korea claiming the next four spots; the US leapfrogged the UK to take 6th. Read more “New Zealand Tops World Bank List For Ease Of Doing Business, UK Ranks Seventh”

Internations Reveals The Best and Worst Places For Expats in 2017

It’s all change amongst the top 3 nations in the world that are most popular with expats, according to a survey released earlier this year by Internations, the global expat networking platform and events organiser. 

None of 2016’s top 3 retained their spot in 2017, whilst the world’s highest rated destination this year has made the jump from 19th to 1st spot. Read more “Internations Reveals The Best and Worst Places For Expats in 2017”

Tax Affairs Of World’s Rich, Elite & Famous Under Scrutiny Again After Release of “Paradise Papers”

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 secretive world of offshore tax havens and the complex webs of companies they create in order to allegedly help the wealthy avoid paying tax on many of their assets will be brought firmly back into focus again this week thanks to a leak of more than 13.4m files from two offshore service providers.

The latest leak has been dubbed the “Paradise Papers”. At 1.4 terrabytes, the leak is roughly half the size of the “Panama Papers”, which sent shockwaves around the world in 2016, after an anonymous source sent private communications and files from the offices of Mossack Fonseca, a Panama based law firm, to the German newspaper Süddeutsche Zeitung. Read more “Tax Affairs Of World’s Rich, Elite & Famous Under Scrutiny Again After Release of “Paradise Papers””

Alpine Independents Latest Firm to Partner With The Money Cloud By Hosting Unique Money Transfer Comparison Widget!

The Money Cloud are pleased to announce their latest partner who will carry their unique, ground breaking overseas money transfer comparison tool Alpine Independents.

Alpine Independents is a one-stop-shop online ski portal that curates the best independent ski chalet and ski holiday operators into one site – saving you time and energy.

The company, founded by successful entrepreneurs and ski-fanatics John McFetridge and Finlay Kerr, evolved from an earlier business the two founded, the Winter Adventure Company, that organised ski-breaks for the more discerning, independent traveller. Read more “Alpine Independents Latest Firm to Partner With The Money Cloud By Hosting Unique Money Transfer Comparison Widget!”

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

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

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

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

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

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

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

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?

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?”