Sunday, Nov 24, 2024

International Finance

Category : Fintech

£390mn in foreign reserves languishing in British sock drawers

International Finance Desk
by International Finance Desk
Study suggests that millions in ‘leftover’ currency from holidays and trips abroad is discarded April 18, 2016: There could be a hidden cost of travel abroad – and it’s not what many of us would expect.  According to research from Xpress Money Services, up to £390million in unchanged foreign currencies remains tucked in jars and...
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Artificial intelligence creates immense potential for innovation and growth in car industry

International Finance Desk
by International Finance Desk
Cars will recognise voices and able to optimise journey April 8,2016: Artificial Intelligence (AI) and Digitisation will change the future of cars, challenge traditional business models and create immense potential for innovation. In future, cars will be cognitive – not only will they recognize voices and be able to optimise the journey, they will also...
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IBM and SAP announce plans for major investments

International Finance Desk
by International Finance Desk
Move will drive clients’ digital transformation April 7, 2016: IBM and SAP SE announced plans across both companies to drive the modernisation of clients’ systems and processes and accelerate them into the digital economy. Specifically, the companies plan to co-innovate solutions that increase customer value through cognitive extensions, enhanced customer and user experiences and industry-specific functionality. The...
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A new kind of social post

International Finance Desk
by International Finance Desk
Enables UK adults to send embedded money on social media April 6, 2016: A new app has given a fresh meaning to the idea of posting “rich content” online by allowing users to transfer money using social channels.  Where “rich content” once meant images or video, the XOPO app enables users to send money directly...
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Money2020 Europe: Saxo Payments launches industry white paper

International Finance Desk
by International Finance Desk
63% of payments-related businesses dissatisfied with speed of cross border payments April 5, 2016: Saxo Payments, the global transactions services provider launched a white paper revealing the results of exclusive research into the cross border payments industry. Those surveyed included issuers, acquirers and PSPs as well as merchants, for a rounded view of the market,...
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Menacorp is DFM’s top brokerage firm for Q1 of 2016

International Finance Desk
by International Finance Desk
UAE’s leading financial services firm has maintained top position since 2013 April  4, 2016 – Menacorp, the UAE’s leading financial services firm, has touched another milestone after securing the top ranking position on the Dubai Financial Market (DFM) in terms of trade value and market share for the first quarter of 2016.  Menacorp has maintained...
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Startups opting for co-working spaces

International Finance Desk
by International Finance Desk
The concept is catching up in India Suparna Goswami Bhattacharya March 28, 2016: For a long time Nitesh Gupta, who resides in India’s startup capital Bengaluru, was in fix as to what to do with the big ancestral house that he owned in one of the hotspots in the city. Though he converted the house...
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Youzu acquires Bigpoint; 30m to market new game Hocus Puzzle

International Finance Desk
by International Finance Desk
Acquisition will create significant market share for the joint entity in over 200 countries March 23, 2016 – Bigpoint GMBH, a global leader in free-to-play online and mobile gaming publishing announced that an agreement has been reached for the acquisition of Bigpoint GMBH by Youzu Interactive Co, Ltd. Subject to Chinese acquisition processes, the transaction is due...
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Scott Logic launches new technology demo

International Finance Desk
by International Finance Desk
This will allow users to explore the price and performance of stocks via a novel desktop interface March 23, 2016: Bespoke software development consultancy Scott Logic has launched a new application that demonstrates its expertise in HTML5, allowing users to explore the price and performance of various stocks via a novel desktop interface. The StockFlux demo,...
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Stanley Gibbons Coin Index outperforms FTSE 100 in 2015

International Finance Desk
by International Finance Desk
1703 Anne, Pre-Union Gold Five Guineas up £50,000 to £375,000 March 21, 2016: Stanley Gibbons has released the latest version of its GB200 Rare Coin Index (the “Index”), depicting a steady 6.2% increase on 2014. In a period where the FTSE 100 lost ground, the Index shows growth and stability for rare coins as an...
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