Now that it is all but official that the UK will leave the EU on the 20th March 2019, there will doubtless be a flurry of activity by firms, particularly within the financial sector, to try to establish what the various scenarios and implications of Brexit will mean for them.Read More →

Amidst all the recent discussion and hand-wringing around the new GDPR regulations, it’s easy to forget that it was only in January this year that the updated Payment Services Directives, a set of EC-wide regulations designed to make it easier, faster and less expensive to for customers to pay forRead More →

The Department for International Trade has published its annual set of figures outlining the number of foreign direct investment projects currently being operated in the UK. The total of 2,072 projects represents a 9% year on year drop, and whilst the total number of jobs created, 75,968, represents a 1%Read More →

Filipino workers in Hong Kong, of which there are more than 180,000, received a potential boost to their finances this week as Jack Ma, the billionaire co-founder of Alibaba, which counts fintech firms Ant Financial and Alipay as subsidiaries, made good on a promise he had made years ago toRead More →

In a recent article in Finextra, Lakshmi Narayanan at Travelex discusses the contrasting approaches taken by the Pakistan and India governments to the problems inherent in their countries remittance industries. India is the largest market for inbound remittance in the world, receiving more than $72bn of inbound money transfers fromRead More →

Prince William told The Times last week about how he recognises the importance of Britain’s SMEs trading overseas, and praised the Commonwealth, describing it as “the mother” of all business networks.Read More →

I recently returned from an event of bucket-list ticking importance in my life. It may have “only” been Thursday Free Practice, it may have been the cheap seats (home straight, watching the cars come blasting out of Anthony Noges, the last corner) but my brief and surprisingly affordable experience ofRead More →

Research published by the Higher Education Policy Institute (HEPI) and Kaplan International Pathways has revealed that international students in the UK are worth more than ten times more than the costs associated with supporting their studies; £68,000 per typical EU-based student, and £95,00 per non-EU student – a total ofRead More →

It’s been an eventful week in the world of international money transfer. Whilst Trump launches trade wars with Europe, China, Canada, and Mexico (to name a few), which is guaranteed to lead to tricky exchange rate calculations for many businesses (don’t forget to check the latest rates and save upRead More →

Modern technology, and mobile tech especially, is making a multitude of lifestyle services easier to deal with; provided you are up to speed with the latest tap, swipe, scan and track technology, many things, including sending money overseas, can be done faster, easier, and cheaper using apps.Read More →

Britain may be on the verge of leaving the EU, but figures from the Office of National Statistics show that Brits made more trips abroad in 2016 than ever before; more than 70.8 million; whilst Britain itself attracted more tourism; 37.6m visits; from overseas, with total tourist spending also atRead More →

London, May 15th Medifinance, the Intelligent Financial Lender for Healthcare Professionals, and The Money Cloud, an award-winning provider of international money transfer price comparison, are delighted to have agreed a partnership to supply medical professionals with a real-time, sophisticated and reliable overseas money transfer solution.Read More →

Donald Trump rose to power in the US in large part due to his promises to revitalise and grow the country’s economy, and business and trade and industry infrastructure. Whilst, where Trump is concerned, it is almost impossible to separate the reality from the “fake news”, many indicators have providedRead More →

Brits of all ages, backgrounds and salary brackets flock to Spain every year; some with retirement in mind, others for work or lifestyle reasons. Many of whom, seduced by the Spanish way of life, decide to emigrate permanently to the country.Read More →

There is nothing unremarkable about a shipment of soybeans from Argentina to Malaysia; nor is it surprising when a transaction of this nature is financed using a letter of credit, issued by one bank, on behalf of the buyer, to another.Read More →

I’ve recently returned from the Costa Del Sol -Benalmádena, to be precise. I am a freelancer, an avid Airbnb’er and, providing I abide by all the various regulations, from time to time, when somebody decides to book my central London property, I can swap London living for some exotic far-flungRead More →

When it comes to relocating abroad, British citizens certainly seem to know what they like, and stick to it, if data released by the Office for National Statistics last week is to be believed.Read More →