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A Data Breach Could Cost Your Business £98 Per Individual Record

23rd June 2017
This week, IBM Security and Ponemon Institute released the annual Cost of a Data Breach report. This year’s report found that the UK experienced a decrease in the cost of a data breach, from £2.53 million in 2016, to £2.48 million in 2017. The average cost per lost or stolen record in the UK is […]
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Investment Company Purchases Hit Record Level Over Past 12 Months

22nd June 2017
Latest research from the Association of Investment Companies (AIC) using Matrix Financial Clarity has revealed purchases of investment companies by advisers and wealth managers on adviser platforms hit a record level over the 12 months to end of March 2017 at £777m. This is 11% higher than in the year to December 2015 (£698m), which […]
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Businesses Face More Complex Due Diligence Challenges with New Anti-Money Laundering Laws

22nd June 2017
Life is about to get tougher for money launderers. One of the new government’s first tasks will be to approve draft regulations to implement EU 4MLD[i]. These new regulations, with their more rigorous approach, apply to banks and other relevant persons[ii]. One of the major changes is the need to thoroughly search for adverse information […]
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The Top 4 Strategies to Strengthening Your Brand Equity

22nd June 2017
How much is your brand worth? Donald Trump values his personal brand at more than $3billion. Shweta Jhajharia of The London Coaching Group defines a business’s brand equity as comprising all the associations, emotions, and experiences that come to mind when a consumer is exposed to the brand: basically, what kind of bond is there […]
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Financial Services Perspective on the Queen's Speech

21st June 2017
At the heart of the Queen’s speech today were an array of proposed bills that prepare the UK for a smooth exit from the European Union. Of 27 bills, eight pertain directly to Brexit and its implications for key sectors. There are bills to convert EU laws to UK laws and some measures on immigration, […]
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The 5 US Cities Where the Cost of Living is Rising Fastest

21st June 2017
American household debt totalled a record $12.73 trillion as of March 2017, so cost of living concerns are more pertinent than ever. Personal finance news and features website GOBankingRates conducted a study to identify which cities across America have seen the largest increase in cost of living expenses from 2016 to 2017. The study evaluated US […]
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FinTech Connect Live

21st June 2017
Combining the hustle and bustle of an exhibition featuring over 3000 visitors, and 200 exhibitors and partners from over 50 countries, FinTech Connect Live is the UK’s largest fintech event. Playing host to 4 strategic conference sessions with inspirational case studies from around the world, a technology buyers theatre with 50 product demos, 12 educational […]
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5 Quick Money-Saving Tips for SMEs

21st June 2017
Business of all shapes and sizes need to keep a strong eye on their financial situation. But this is especially true for small to medium-sized enterprises, lacking the resources of their larger brothers and sisters. Wink Bingo below lists 5 quick money-saving tips for Finance Monthly. The essential fragility of the SME means that - […]
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Upward Spike in Bad Business Debt

21st June 2017
The ‘TDX Group Consumer Debt Report 2017’ from the UK’s leading provider of data and technology-driven debt solutions for businesses, reveals that over a quarter (28%) of Brits fear they may not be able to keep up with repayments on their personal debt. The online survey, conducted by YouGov, also found that unsecured debt now […]
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Your Thoughts: Typical House Price Up £12,000

20th June 2017
ONS figures show that the typical home in the UK cost £220,100 in April, with a rise of £3,500 on the previous month. This equates to a £12,000 increase from the same month a year ago, the Office for National Statistics (ONS) says, despite banks and lenders reporting a stagnant property market period. This does […]
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9 in 10 Companies Plan to Hire MBA Graduates in 2017

20th June 2017
Corporate hiring plans for 2017 point to robust employment opportunities for graduates of MBA and business master's programs, according to a new employer survey report from the Graduate Management Admission Council (GMAC). Globally, 86% of companies plan to hire recent MBA graduates this year, up from 79% that hired them in 2016. Demand for these […]
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Will Your Job be the First to be Stolen by Robots?

20th June 2017
The robotic revolution is set to cause the biggest transformation in the world’s workforce since the industrial revolution. In fact, research suggests that over 30% of jobs in Britain are under threat from breakthroughs in artificial intelligence. Thanks to advances in technology, many jobs that weren’t considered ripe for automation suddenly are. Is your job […]
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Finance Monthly is a comprehensive website tailored for individuals seeking insights into the world of consumer finance and money management. It offers news, commentary, and in-depth analysis on topics crucial to personal financial management and decision-making. Whether you're interested in budgeting, investing, or understanding market trends, Finance Monthly provides valuable information to help you navigate the financial aspects of everyday life.

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