The Digital Pound Are Currencies Going Digital? In the first half of 2023, the Bank of England and the UK finance ministry announced a consultation paper for the design of a central bank digital currency, also known as a CBDC. When this was published, the officials speculated that a digital pound could be implemented during the […]
There are lessons to be learned from the recent FTX collapse that has put the entire industry on the edge of their seats gnawing at their fingernails. The collapse comes as the latest in a series of bankruptcies of multi-billion-dollar companies this year, and it raises valid questions around sound financial management while warning that […]
Have you ever thought about asking a chatbot a question about opening a savings account or the status of your account? Then you will have noticed that artificial intelligence in Financial Services is booming. No sector or industry can remain untouched by this game-changing, advanced technology – and the world of Finance is no different. […]
Deep tech is an umbrella term for technologies that do not focus on end-user services and include AI, blockchain, robotics, biotech, etc. Surprisingly, it has existed as an investment category since the tech industry was first established. However, its favourability amongst investors is dependent on the climate of the moment. When mainstream technology is at […]
For many years now, financial technology, or fintech, has been an exceedingly well-capitalised sector. However, the first quarter report of 2022 indicated that the global fintech market experienced its largest funding drop in 3 years. The problem is relatively obvious considering this period of economic uncertainty we are currently in. Investors are anxious about the […]
Recently, a new kind of client has been seeking out homes in Portugal, and real estate developers are noticing. Typically young and male, sometimes with partners and/or children, this client comes to the country with deep pockets. These new fortunes they have secured came via an interesting method: crypto. Why Portugal? Traders, business leaders, and […]
A Cashless Society Considering the rate at which technology is progressing, it is clear we are living in the golden age of technology. Financial technology, or fintech, especially has had a profound impact on the way we navigate through our day-to-day lives. The days of cheques, paper statements, and bills sent by post are soon […]
Human or AI? You decide.