History Lesson

Personal financial management has been around for a long time, before “fintech” became a thing. Scott Cook and Tom Proulx created Intuit in 1983 and Microsoft launched their own PFM service, Microsoft Money in 1990. …

Employers should care about their employees wellbeing, if not out of compassion for others, then for the impact it has on their business. Employee stress is proven to lower productivity and decrease employee retention causing businesses a significant cost, estimated at $500bn in the US alone. …

Does it feel strange making a payment via contactless technology, to then subsequently having to wait until a physical, chemically laden paper receipt is printed out? If your answer is yes, keep on reading. If not, keep on reading to have your mind changed.

Flux is a digital financial infrastructure…

What is a digital wallet?

With all of the fintech terminology around, before we dive in I thought it is worth revisiting the basics. A “digital wallet” is a device or service that allows electronic transactions from stored payment information, removing the need to present a physical card or cash…

COVID-19 is impacting the world economy of which the financial services sector plays an outsized role, especially in the UK. The lockdown means consumers aren’t spending which means businesses are suffering.

The shift to digital has been a slow process for the financial sector due to the heavy burden of…

Coming from the UK, where it is easy to open a bank account, I have 7, each with a different bank and each having a different banking app. My loans are with another bank, my credit cards are with two other institutions and my savings/investment with another. That is 11…

According to McKinsey, 60% of banks globally have an ROE below their cost of capital and even in developed markets, which have seen ROE increase from 6.8% to 8.9% post GFC, they are not in a healthy position as we come to the end of the economic cycle.

To compound…