More than half of millennials and nearly three-quarters of Generation Z are considering including NFTs into their investment portfolios, reveals a new survey.
The findings from a global poll carried out by deVere Group, one of the world’s leading financial advisory, asset management and fintech organisations, show that 52% of those born between 1980 and 1996, and 74% of those born between 1997 and 2012, would welcome the inclusion of Non-Fungible Tokens (NFTs) into their portfolio mix.
From their inception in the early 2010s, until their meteoric rise to fame in 2017 on the back of Bitcoin’s astronomical bull market, digital (crypto) currencies were relatively obscure.
Oil has been the single most important factor in human civilization’s meteoric rise over the last 150 years. Our modern way of life would simply not be possible without it, not just for transport and energy but also for great technological leaps forward, such as the development of plastics. Thus, it is no great surprise that nations have gone to war to secure and find this precious resource.
The year 2020 was a record year for the number of mergers and acquisitions in the global banking sector.
According to data presented by Finaria.it, the number of banking merger and acquisition deals hit over 1,300 last year, more than in 2018 and 2019 combined.
Vattenfall’s sustainability work is of highest quality, Platinum, according to a rating from EcoVadis, a leading source of corporate sustainability evaluation. This strengthens Vattenfall´s position as one of the most sustainability-oriented companies in the energy sector being ranked the top 1 percent among 75,000 companies.
Creating autonomous transport systems is hard enough but proving that the system is safe to customers and legislators is proving as great a challenge, says Dr. Luca Delgrossi, Head of Technology at Volvo Autonomous Solutions.
“Developing vehicles that can travel anywhere on their own is the jackpot that many manufacturers are chasing. It’s the moonshot or nothing – and that dream is blinding people to just how difficult achieving that aim is. In 2012 some companies were announcing that by 2017 there would be autonomous cars on the road. Here we are in 2021 and these cars are nowhere to be seen. And the hype is still dominating the reality: as an industry we are making good progress, but the expectations are still too high.”
How UK Companies Have Prepared for Cross-Border Payments Post-Brexit
The transitional period that has kept the United Kingdom attached to the European Union expired on the 31st of December. Although both sides managed to negotiate the new trade deal, there is still a lot of uncertainty surrounding the agreement. Marius Galdikas, CEO at ConnectPay, has shared insights on a pre-exit strategy some of the UK’s market players’ executed beforehand seeking to remain in the EU regulatory framework.
ConnectPay, an online banking service provider, has been working closely with a few UK-based firms. Marius Galdikas, CEO at ConnectPay, has shared that even before the new trade deal was announced, their UK partners had started establishing out-of-country entities in order to remain inside the European Union’s regulatory framework. This, along with the following of new rules for the Single Euro Payments Area (SEPA) payments shows UK’s companies’ aim to retain a strong connection to the EU market.
NEE: Trade finance is at the core of Euro Exim Banks (EEB) portfolio of products and services. Last year was full of possibilities, with speed, reliability and security at the core of the banks trade finance offering. However, the Covid-19 pandemic has had far reaching consequences, altering the goods consumers want, the goods they need and what defines luxuries and necessities. How has this impacted what your customers want and what solutions you can offer?
Graham Bright: Covid-19 has decimated some business, but has also presented many opportunities for companies, as international trade continues, even with difficulties obtaining finance and currency. At EEB, we are seeing an increase in the amount of proposed business in our target markets as many of the larger banks are not currently able to support smaller corporates. With a diverse team geographically, currently represented in 24 countries, we have seen an explosion of interest, traffic and proposals coming our way as we offer very competitive rates, a unique, trusted service with gearing for repeat business.
Where competitors are retracting, we have increased our headcount in our international offices. At the beginning of 2020 in Chennai, India, our affiliate office had 50 people. Now we employ 150 people there, at a time where Covid-19 uncertainty and cost cutting generally has meant major banks laying off significant number of staff.
