News

Digital money is here to stay and stakeholders are working hard to propel the transition from cash to electronic transactions. The rapid proliferation of smartphones and social messaging services has served as a powerful driver for the growth of the digital economy. More so, there's a remarkable growth in the Fintech world as innovators try to create digital solutions for financial services. A market report from MasterCard shows that digital money accounted for about 45% of monetary transaction in the...

The Conservative candidate for the former seat of murdered Jo Cox joked yesterday that the campaign is going well as ‘we have not yet shot anybody’. Dr Ann Myatt, running for election in Batley and Spen, has apologised after making the comment during a hustings debate held for constituents before the General Election on June 8th. She said: "We have here people of all faiths, we have here people from different parts of the community, and we have not yet shot...

Telephone banking and online banking are rapidly changing the global financial landscape. Consider that in the UK alone, 461 bank branches will be closing in 2017, owing to changing customer preferences. The rapid growth of Internet banking has revolutionized the industry, and changes are taking place at a rate of knots. In fact, since 2015, a dramatic reshaping of banking has occurred. The rise of Internet-only banks is gaining in prominence as tectonic shifts in customer preferences take root. The...

Former US President Barack Obama enjoyed a round of golf before giving a major address at a charity dinner today. His private jet touched down at Edinburgh Airport on Friday morning, with a full motorcade leaving shortly afterwards. He then made his way to the Old Course in St Andrews, Fife. Some locals were lucky enough to meet the former White House resident. One such person was Danielle Clark Bryan, 26, who is a student at University of St Andrews....

Liam Gallagher has said Tony Walsh's This is the Place is the best thing to come out of any Mancunian's mouth ever. Originally penned as a commission for the charity Forever Manchester, a charity that funds community activity in the city, Walsh recited a version of it in front of a crowd of thousands at the vigil to remember victims of the Manchester terror attack. Oasis front man Gallagher said: "I want it placed on record that it's the best thing...

Bookies have slashed Labour's odds of gaining the most seats in the General Election from 16/1 to 7/1 in just two weeks. A strong display from Corbyn and Co has led to a revival of Labour's chances at getting a result in June. May's dementia tax and a "strong and stable" message that has been impeded by u-turns  has also dropped the odds, although the Conservatives are still sitting pretty at 1/16. Betway’s Alan Alger, said: “Jeremy Corbyn leading the UK...

A drowning man was saved in a dramatic rescue after lifeboat crew pulled him from the Thames - just five seconds away from death. Lifeboat crews rushed to his rescue after he was spotted struggling by the crew of a Thames Clipper boat. The Tower RNLI crew launched immediately and saved the life of the 36-year-old man, who had been pulled downstream by the fast-moving tide towards Blackfriars bridge. After pulling him from the river to safety just after 5am...

An 18-year-old Iranian immigrant who is a self-made millionaire is donating €100,000 to victims of the Manchester terror attack. Alireza Dehghan, CEO of DPPM Holdings in London, gave the huge donation following Monday night's attacks which killed 22 people and wounded 64. So far over £4 million has been raised for the victims of the Manchester terror attack. In addition, Alireza has created a hotline for victims who need help. This help may include medical coverage, housing, transportation needs or just someone to talk...

Armed police will be deployed on board trains nationwide for the first time as security is stepped up to unprecedented levels in the wake of the Manchester bombing. From this afternoon (THURS), specially trained firearms officers will be patrolling on board train services all over the country. This mobilisation is part of British Transport Police's plan to ensure that passengers are safe on the rail network. Senior officers say passengers who regularly use train services may see a 'firearms presence'...