Slave to the algo: facial recognition and fraud in a Covid-19 world February 19, 2021 “There will come a time when it isn’t, ‘they’re spying on me through my phone’ anymore. Eventually, it will be, ‘my phone is spying on me’.” American author, Philip K. Dick, warned us about the rapid advancement of technology. Incredibly, this warning was given long before his death in 1982, when mobile phones were the [...]
Big Bang 2.0 will only succeed with a revolution in the back-office of financial services February 19, 2021 Negative news about the new post-Brexit challenges for the UK’s financial services currently dominates headlines. The market structure is still far from settled ahead of upcoming talks between the UK and the EU on equivalence. Whatever level of equivalence is agreed upon will dictate the direction for UK financial services, with some eyeing up an [...]
Speedy vaccinations give more UK SMEs hope of a revenue rebound in 2021 February 19, 2021 Small and medium sized enterprises (SMEs) across the UK have been offered a glimpse of hope this morning, as nearly a quarter have surpassed their pre-pandemic levels of output.
New £800m UK science research agency called Aria to open in 2022 February 19, 2021 The government will today announce a new £800m military research agency that was spearheaded by former Boris Johnson aide Dominic Cummings. The Advanced Research & Invention Agency (Aria) will be “tasked with funding high-risk research that offers the chance of high rewards” and is set to be launched next year. A statement from the Department of [...]
Pound sterling in touching distance of $1.40 as currencies enter ‘post-Covid world’ February 18, 2021 Pound sterling in touching distance of $1.40 as currencies enter 'post-Covid world'
Posh puffer maker Moncler gets a Lunar boost to offset 2020 sales slump February 18, 2021 Posh puffer maker Moncler gets a Lunar boost to offset 2020 sales slump
PureGym CEO: We should be allowed to reopen ahead of high street shops February 18, 2021 PureGym CEO: We should be allowed to reopen ahead of high street shops
New City lobby: Big bank influence is holding UK financial services back post-Brexit February 18, 2021 A new pro-Brexit City of London lobby group has taken aim at competitor The CityUK, saying that the established body is “dominated by multinational banks” that do not care about the UK’s prosperity. The CityUnited project was formed earlier this week by a group of Eurosceptic City figures and politicians, with the group aiming to [...]
Labour thinks its ‘market competitive’ bonds proposal will ‘tap into Captain Tom spirit’ February 18, 2021 Sir Keir Starmer’s proposal for a new UK recovery bond would be sold at “market competitive rates” and would aim to “tap into” the spirit shown by the public when supporting Captain Tom Moore last year. Starmer unveiled two new policies today, announcing that a Labour government would give 100,000 loans to start-up businesses and [...]
How sports teams are using blockchain to recoup 2020’s losses February 18, 2021 Sports teams the world over are now looking at blockchain to help replace lost revenues.