Category Archives: Finance

25Sep/24

1.2 Million More Homes in England Will Be at Risk of Subsidence by 2050

Analysis of British Geological Survey data from LexisNexis® Risk Solutions, the data, advanced analytics and technology provider to the insurance market, reveals that with the current climate trajectory, approximately 1.2 million more homes in England are at risk of subsidence issues by 2050ii. This is a 27% increase to the estimated 4.5 million households already at subsidence risk today. Continue reading

25Sep/24

S&P Global Commodity Insights Launches World’s First Daily Carbon-Accounted Iron Ore Price Assessments

Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the metals, commodities, energy and energy transition markets, today announces the upcoming launch of the world’s first daily carbon-accounted iron ore price assessments and related carbon intensity estimates to bring greater transparency to the industry’s decarbonization efforts. Continue reading

22Sep/24

Blockchain Market to Reach $403.36 Billion by 2030, Driven by Rising Demand for Secure and Transparent Transactions in the BFSI Sector and Growing Popularity of Cryptocurrency – Exclusive Report by Meticulous Research®

According to a new market research report titled, ‘Blockchain Market by Type (Public, Private, Hybrid, Consortium), Platform (Ethereum, Hyperledger, Polygon, Solana), Organization Size, Sector (BFSI, Government, Healthcare, Professional Services, Manufacturing), and Geography—Global Forecast to 2030. Continue reading

10Sep/24

Barclays Joins Versana, Accelerating the Digital Transformation of the Global Corporate Loan Market

Versana today announced the closing of a $26 million capital raise with the addition of Barclays as an investor in its centralized, real-time digital data platform. Existing investors Bank of America, Citi, Deutsche Bank, J.P. Morgan, Morgan Stanley and Wells Fargo also participated in this round. In addition, Barclays joins as a subscriber and provider of its agented corporate loan data, becoming the tenth bank to commit to Versana’s next-generation platform. Continue reading

28Aug/24

What’s Next for AI in Banking: Better Chatbots or Something Else?

AI chatbots and Large Language Models (LLMs) such as ChatGPT have become commonplace in recent years to answer queries, whether that’s how to write a persuasive email or to request a replacement for a stolen card. According to Auriemma Group’s latest UK Cardbeat study, credit cardholders tend to be comfortable using AI chatbots to carry out basic tasks with their card issuer, but express skepticism when faced with more complex servicing needs. Continue reading

16Jul/24

Wirex and Visa Expand Partnership to Drive Web3 Payment Adoption

Wirex, the leading Web3 money app, and Visa, a world leader in digital payments, are thrilled to announce a partnership to further the use of digital currencies in the UK and the European Economic Area (EEA). Read more

04Jun/24

CEE companies anticipate a rise in insolvencies, Atradius survey finds

Companies surveyed in Central and Eastern Europe (CEE) demonstrate resilience and adaptability in navigating the challenging economic landscape. While 60% expect ongoing economic strain to trigger a rise in insolvencies over the next 12 months, nearly 33% also anticipate facing short-term and long-term challenges shaping the overall business landscape. This explains why 10% more CEE companies than last year are shifting focus to strategic credit risk management to protect their financial health. Continue reading

12Apr/24

“Show Her The Money,” A Groundbreaking New Documentary About The Power Of Funding Women Entrepreneurs, Has Launched A 50-City Grassroots Global Tour Sponsored By Wells Fargo


Following its award-winning film festival run, producer Catherine Gray announced that the documentary “Show Her The Money” has embarked on a 50-city grassroots global tour to shed light on the plight of women entrepreneurs who aren’t getting their share of venture capital. Continue reading

06Apr/24

What is an IPO, (Initial Public Offering)

London, April 6, 2024 /Mpelembe News/ —  An IPO, or Initial Public Offering, is the first time a private company offers its shares to the public for purchase on a stock exchange. In simpler terms, it’s when a company decides to go public and sell pieces of ownership (shares) to regular investors like you and me. Continue reading