Browsing: finance

Managing your finances can sometimes feel like navigating a maze, especially when you’re just starting your career. With living costs and the pressure to save for the future, it’s no wonder many young professionals feel overwhelmed. But don’t worry, taking control of your money doesn’t have to be complicated. With the right strategies and a bit of planning, you can build a solid financial foundation for yourself. Establish a budget This helps provide a clear picture of your income and expenditures so you can make informed spending decisions. You might want to try the 50/30/20 rule where you allocate 50%…

The online world offers so much now. Not only can it be used to provide entertainment for yourself or to make areas of your life more accessible. It can also be used to complete important tasks such as online banking and accessing your finances. Because of this it’s essential to know how to protect your finances when online. Whether you’re playing in an online casino or shopping online. It’s essential that you know how to protect yourself across all areas online. Use secure payment methods This is essential when it comes to protecting your finances. You’ll find that most online…

As part of its relentless pursuit to stay ahead of payment fraud, Caxton Payments has teamed up with tell.money to introduce Confirmation of Payee (CoP) services, adding yet another cutting-edge layer of security to its platform and ensuring customers’ funds are more protected than ever. This collaboration comes at a crucial time, as authorised push payment fraud for the first half of 2024, though declining, still reached 97,344 cases and caused personal losses of £166.5 million and business losses of £47.2 million.(1) The partnership will integrate tell.money’s Confirmation of Payee service, a fully managed SaaS solution, enabling both business and…

BridgerPay, a trusted global payments operations platform, are launching Hands In’s split payments as part of their payment optimisation services. This will mean their extensive network of merchants are now able to split payments across multiple cards and between multiple individuals – natively within online checkouts. Multi Card payments BridgerPay merchants now have access to Multi Card payments from Hands In, where they can split their payment across two or more cards. By splitting payments across multiple cards, credit limits are no longer an obstacle to successful payments. Customers can choose this option within the checkout or have this offered…

With the Autumn Budget just days away, concerns are mounting across all sectors about the rising cost of living and its impact on businesses and entrepreneurs. Health Secretary Wes Streeting has warned of “difficult and big choices” ahead, while Shadow Chancellor Rachel Reeves faces the challenge of addressing a £14 billion deficit in the budget. As the government prepares for this critical financial announcement, there is growing consensus that the budget must go beyond short-term investments and deliver comprehensive reforms across all sectors. Sustainable spending solutions and future-proofing measures have never been more urgent. Businesses are particularly anxious about how…

Preparing for retirement is among the most important decisions you’ll ever make. Understanding what it takes to make you financially secure for your later years will help simplify the process of good planning, knowing the rules and making wise and informed decisions. With so much to consider, it is difficult to know where to start, but advice from a pension adviser in Oxford can put you on the right path to creating a satisfactory retirement plan. Tailored Pension Advice Each person’s retirement goals are different, as is their financial situation. This is why you must get some advice. Local pension…

Agored Cymru, a prominent Welsh awarding body, has expanded its portfolio by introducing eight new accounting and financial skills qualifications, marking a significant step in its growth strategy. The qualifications have been acquired from the London Institute of Banking and Finance (LIBF), following LIBF’s decision to exit the schools and colleges market. The new courses, set to be available from September 2025, will form a key part of Agored Cymru’s vocational programme offerings. This expansion will see the body strengthen its presence across Wales, the rest of the UK, and internationally, offering learners critical skills needed for careers in finance,…

DailyPay, a leading U.S. worktech company, is set to launch its earned wage access (EWA) services in the United Kingdom this fall, marking its first international expansion. DailyPay, a prominent provider of earned wage access (EWA) solutions based in the United States, has announced its plans to expand into the UK market this autumn. This move represents the company’s first venture outside the U.S., aiming to provide financial wellness tools to workers in the UK. At launch, DailyPay’s EWA program will be available to its existing clients with operations in the UK. Josh Durodola, Vice President of International at DailyPay,…

A recent report has highlighted a significant shift in recruitment strategies within the finance sector, with 87% of employers now prioritising skills-based hiring methods over traditional resume and cover letter approaches. This figure surpasses the average of 81% seen across other industries, reflecting a growing preference for candidates with a blend of technical and finance-specific expertise, particularly in the rapidly evolving fintech landscape. The report, titled ‘The State of Skills-Based Hiring 2024 in Finance,’ was published by talent discovery platform TestGorilla. It reveals that 80% of finance employees also prefer a skills-based hiring process, while an impressive 92% of finance…

Switzerland-based investment firm 2Xideas AG has announced the expansion of its partnership with Northern Trust, a leading global financial services provider. This move will see Northern Trust’s Integrated Trading Solutions (ITS) become part of the existing collaboration, streamlining the trading processes for 2Xideas and boosting their ability to deliver high-quality results to clients. 2Xideas, founded in 2013, manages approximately US$2 billion in assets and specialises in liquid mid-cap stocks. The company first partnered with Northern Trust in 2022 to utilise a range of services including fund accounting, financial reporting, custody, depositary, and transfer agency functions. This latest development extends the…