Category Archives: Business

13Dec/22

The Swiss financial industry has successfully traded and settled tokenized investment products

December 13, 2022FinanceBlockchain, Counterparty, Cryptocurrencies, Economy, Finance, Futures contract, Moneyadmin

For the first time, key players in the Swiss financial industry successfully developed and tested a novel settlement mechanism for tokenized investment products on a public blockchain testnet infrastructure. A smart contract, developed by the Capital Markets and Technology Association (the CMTA), allows for streamlined processes, reduces complexity, raises security, and eliminates counterparty risks from trades. The CMTA’s proof of concept marks a milestone for the Swiss financial industry. Continue reading

13Dec/22

Global economy on the brink of a recession amid several headwinds

December 13, 2022EconomyEconomic historyadmin

Facing an unprecedented mix of challenges, the global economy is facing a sharp deterioration of growth. After 2023, the picture is slightly better, as we expect that current actions of central banks and normalisation of supply chains help to alleviate price pressures. Continue reading

10Dec/22

Balenciaga’s controversial new campaign and the long history of ‘shockvertising’

December 10, 2022MediaAdvertising, Balenciaga, Benetton, Benetton Group, Brooke Shields, Calvin Klein, Carl W Jones, Clothing, Companies, Creative Commons, Demna Gvasalia, fox tv, French Connection, Gabriele Galimberti, Kim Kardashian, Marketing, Oliviero Toscani, Sex in advertising, Shock advertising, United Kingdom, United Statesadmin

Carl W Jones, University of Westminster

Kim Kardashian is refining her personal brand. Right-wing news outlet Fox TV is gaining viewers through attention-grabbing headlines. Photographer Gabriele Galimberti is gaining notoriety. All this is due to a recent advertising campaign from leading global fashion brand Balenciaga that has caused widespread controversy.

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09Dec/22

79% of risk pros prioritize credit risk transformation in race to digitalize banking

December 9, 2022FinanceActuarial science, Analytics, Articles, Bank, Bhutan Centre for Media and Democracy, Credit risk, Economy, Finance, Financial law, Financial risk, Manitoba Provincial Road 272admin

Regulatory demands, calls for greater transparency and accessibility, plus customers jumping ship to more agile fintech counterparts – banks are feeling pressured to enact a digital revolution, according to risk professionals on the ground. A key pillar of this modernization, credit risk transformation (CRT), is the focus of a new risk technology study by the Global Association of Risk Professionals (GARP) and analytics leader SAS. Continue reading

07Dec/22

Wirex Launches 52 Tokens for Accessing Web3

December 7, 2022FinanceArticles, Cryptocurrencies, Decentralization, Economy, Financial technology, Money, Token coin, Uberisationadmin

Wirex, a banking alternative built for Web3, has listed 52 new tokens on their app. The cryptocurrencies will provide their 5 million customers straightforward access to the benefits of DeFi. Continue reading

01Dec/22

FTX collapse crushes crypto dreams in Africa and beyond

December 1, 2022FinanceAlfred Lee, Bahamas, Bangkok, Binance, Bitcoin, Cryptocurrencies, Cryptography, Economy, Edward Choy, Elisha Owusu Akyaw, Ghana, Japan, Kenya, Lagos, monetary authority of singapore, Money, Morocco, Nigeria, Osarieme Aghedo, Sam Bankman-Fried, Singapore, South Africa, South Korea, Stablecoin, Thomson Reuters Foundation, TikTok, United Statesadmin

FTX’s bankruptcy hurts small investors across the world
Young African crypto backers fret about damage to sector
Regulators repeat warnings about risks of crypto dealing

LAGOS/BANGKOK – Days before his FTX cryptocurrency exchange collapsed, co-founder Sam Bankman-Fried tweeted “Hello, West Africa!” – his latest nod to a region where a growing number of kitchen table investors had put their faith, and savings, in FTX.
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01Dec/22

Research shows nearly three-quarters of social housing residents would not be able to cope with an unexpected expense

December 1, 2022FinanceUnited Kingdomadmin

The Resident Voice Index™ (RVI), a project that gathers the views of social housing residents from across the UK, released its latest report, Cost of Living: Crunch Time, which indicated most respondents are experiencing a lower quality of life. Based on a survey of 5,700 respondents, the report reveals that almost three-quarters (73%) said they would not be able to cope with an unexpected expense, such as a higher-than-expected household bill. Continue reading

18Nov/22

2022 Gallagher Research Finds “Appealing to a Diverse Workforce” is the Top Challenge for U.K. Organisations Competing for Talent

November 18, 2022BusinessEmployee benefits, Human resource management, Multiculturalism, United Kingdomadmin

New research from Gallagher, a global leader in insurance brokerage, risk management, and consulting services, reveals that “appealing to a diverse workforce with different preferences” is the top challenge U.K. organisations are facing. “Increasing cost of benefits within tight budgets” ranks second, followed by “communication” in third place. The top three benefits challenges identified have remained the same the last three years – although this year, first and second have swapped places – putting “appealing to a diverse workforce” on top. Continue reading

05Nov/22

New in Peach: Send ads to Netflix

November 5, 2022MediaAdvertising, Australia, Brazil, E-commerce, France, Germany, Italy, Los Gatos, California, Marketing, Mexico, Netflix, Online advertising, Peach, Spain, United Kingdom, World Wide Webadmin

Peach, the global market leader in video advertising workflow and delivery has announced support of Netflix’s new ad-supported service Basic with Ads.

To coincide with the launch of the service, Peach has launched new destinations enabling clients to deliver ads to Netflix across multiple territories including UK, Australia, Germany, France, Italy, Spain, Mexico, Brazil with more to follow. Peach provides a connected advertising workflow, enabling clients to get their ads delivered to Netflix straight from the edit suite, while ensuring the highest possible quality, formatting and accuracy. Continue reading

01Nov/22

The startup Nooka Space brings innovation to airport terminals by introducing the concept of flex office booths on demand

November 1, 2022TransportAutomotive industry, Cars, Los Angeles International Airport, Motor vehicles, Office, Pittsburgh International Airport, Smartadmin

Nooka Space, the company who designed the first smart proximity office network in the world, back in 2020, introduces the concept of flex office on demand in airport waiting areas, to provide passengers with private spaces to work or relax, while waiting for their flight. As such, Nooka Space launches Nooka Air, a smart office booth designed to offer better airport experience during the waiting hours in terminals. Continue reading