UK’s ATMs disappear as digital cash edges closer
FINTECH firm Intergiro has conducted a study to find which UK regions have seen the biggest decline in cash machines since 2018.
Using data from...
Buy, sell, fire: Musk hits the ground flailing
ELON Musk has sold another 19.5 million Tesla shares.
The sell-off comes just days after his $44bn Twitter takeover. Tesla's share price has fallen by more...
Does Nanny know what’s best for us…?
By CHARLES WHITE-THOMSON
“NANNY finance” — excessive quantitative easing and rate-cutting by central banks — has dominated the world for many years. This overly soft...
Russian banker gives up citizenship over war
BILLIONAIRE Russian banker Oleg Tinkov has renounced his Russian citizenship in protest at the war in Ukraine.
Tinkov, the founder of online Tinkoff Bank, said...
More greenwashing comes to light in HSBC ads
THE UK's Advertising Standards Authority (ASA) has taken its first action against a bank for greenwashing.
It has banned two HSBC ads for misleading claims...
Are you on the rails? Vital infrastructure for payments
By TOM BENTLEY
ANY BUSINESS that deals with transactions and transfers must also deal with payment rails, which provide the infrastructure needed to carry money...
Is standardisation the next big thing in private markets?
By SERKAN FERAH
IN RECENT years there has been rapid growth in private markets — and specifically in venture capital. Investments have increased, while founders are...
Ukrainian support from ed-tech series C
UKRAINIAN-founded Preply has raised $50m in its series C, amassing more than $100m in investments since its inception.
From an education start-up, Preply has become...
Cancer treatment gets boost from med-tech development
52 NORTH Health, a UK- and US-based med-tech start-up, has raised £1m in its first round of funding from British and European specialist investors.
52...
Makeup break-up as Revlon files for bankruptcy
AFTER 90 years in business, cosmetics giant Revlon is filing for bankruptcy in the US.
The company had been brought down by a combination of...
