As the Government begins to ease the Covid-19 lockdown, a small level of normality is being resumed for some. But with mistrust in the stock market and financial anxiety high, what have we learned about planning for later life and how can investors be guided through this stage of financial planning in a time of such uncertainty?
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Online crime gangs were quick to capitalise on Coronavirus. So much so that almost 3% of global spam is estimated to be Covid-19 related, according to internet security company Sophos, and 36% of people in the UK have been contacted by scammers since the start of the pandemic, according to Citizens Advice.
So, in this dangerous era its important to be aware of the most familiar scams that have been re-booted over the last few months so that you can keep yourself and your business safe.
Push payment fraud
Brits are more concerned about COVID-19’s impact on the NHS and the UK economy (61%) than their own personal health (41%); British consumers are less worried about online threats, with concerns about hacking and using online services falling drastically compared to 2019, while the majority are working from home
Mastercard has formed a coalition with The Joseph Rowntree Foundation, Good Things Foundation, The APLE Collective, Clean Slate Training & Employment CIC to tackle digital and financial exclusion in the UK, with emergency support focussing on those hit hardest by the economic impacts of COVID-19.
CubeLogic, the market leading provider of enterprise risk management solutions for the energy, commodities and financial markets today announces that they have closed a significant minority investment deal with Growth Capital Partners (GCP) fo
Zumo, the Edinburgh-based cryptocurrency wallet and exchange platform, has taken its first step towards the creation of a seamless fiat-to-cryptocurrency payments system with the launch of a sterling (GBP) functionality, powered by Modulr, the digital payments platform.
From mid-July, the partnership will allow Zumo users in the UK to hold GBP funds within the Zumo wallet, as well as buy and sell cryptocurrencies Bitcoin (BTC) and Ether (ETH).
Financial IT interviews Nick Jones, CEO of Zumo
Financial IT: Can you please tell us more about your background? What’s the story behind the founding Zumo?
VTB group has received a patent for a mechanism developed by the bank's specialists for validating complex data structures in a microservice architecture. This solution reduces the cost and complexity of checking the correctness of data that is either filled in by a user or transmitted to the system via the interface.
The algorithm allows checks of varying complexity to be performed ranging from the allowed length or the presence of numbers and letters to monitoring the simultaneous fulfilment of several necessary conditions, checks by reference books, and so on.