Category: Business and Technology

Business and Technology

Revolut: Disrupting traditional banking or becoming just another bank?

“We change the way you do money” is the slogan that greets visitors to the website of Europe’s largest startup, Revolut. But does the company uphold its promise? Founded by Nik Storonsky and Vlad Yatsenko in 2015, their fintech company Revolut had one aim: to transform the way we spend and transfer money abroad. Initially, the platform enabled travelers to pay in 90 countries without a foreign … Continue reading Revolut: Disrupting traditional banking or becoming just another bank?

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Business and Technology, Economics

Benefits of R&D

Enhanced productivity arises from the efficient combination of inputs and is driven by new ideas, technological breakthroughs, and improved business models. This transformation fuels economic growth and elevates living standards and well-being. Research and Development helps to generate results in the advancements and improvements in technology, as well as deepening capital. How can Research and Development be used to drive economic growth? Research and Development … Continue reading Benefits of R&D

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Business and Technology, Economics, Finance and Markets

AI and The Future of Finance

The Beginning – Discovering a Foreign Field: Samik Chandarana, now Chief Data and Analytics Officer at JP Morgan, never planned to enter the world of finance. His journey in fact began far away from the trading floors of London, in the vibrant music scene at Manchester University. Deeply involved in the techno genre, by the late 1990s, Samik and his friends even released an album, Loop 82 – The New Style Swing, which can still be found on Spotify today. Although music was his … Continue reading AI and The Future of Finance

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Business and Technology, Finance and Markets, International, US

The Revival of US Protectionism

Throughout American history, trade policy in the United States has oscillated between periods of protectionism and free trade. Protectionism is a form of economic policy that involves reducing international trade through the imposition of tariffs and other barriers to imported goods in order to support domestic production. Tariffs, the most widely known form of such a policy, are taxes on imported goods that a government … Continue reading The Revival of US Protectionism

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Business and Technology, Economics, UK, US

Does the gig economy support sustainable economic growth?

The launch of Uber in 2009, heralded the birth of the so called “Gig Economy” involving the exchange of labour and resources through a digital platform that could actively match buyers (riders in the case of Uber) with sellers (the drivers). On such platforms, workers perform smaller jobs, commonly referred to as ‘gigs’, instead of, or perhaps on top of, a full-time job and are … Continue reading Does the gig economy support sustainable economic growth?

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Business and Technology, Finance and Markets

Amazon: A Failing Company?

Amazon was founded on July 5, 1994 by Jeff Bezos from his garage in Bellevue, Washington. The company originally started out as an online marketplace for books. However, it has quickly grown into the largest online shopping site globally now worth about $1.75 trillion. In 2023, Amazon made $575 billion through global retail sales. Despite this massive amount of revenue generated on a yearly basis, … Continue reading Amazon: A Failing Company?

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Business and Technology

Gaming Economics: Fortnite

Fortnite, developed by Epic Games, has had a profound economic impact on the modern gaming industry, disrupting traditional revenue models and breaking many records. As the most popular ‘battle-royale’ game, which is a last person standing multiplayer competition, Fortnite has achieved immense success. In 2019, Epic Games generated $3.7 billion and $5.5 billion in 2022 despite the most popular platform only being released in September … Continue reading Gaming Economics: Fortnite

Unknown's avatarJaymiel SavageLeave a comment
Business and Technology, Sport

Gaming Economics: FIFA

“EA Sports… it’s in the game.” You may recognise that iconic line which is heard as you reload FIFA – perhaps after a frustrating rage quit from a difficult round of FUT Champs! Since its kickoff in 1993, FIFA has firmly established itself as a global sports gaming sensation. Whether you’re a devoted football fan, a casual player, or someone uninterested in the sport, you … Continue reading Gaming Economics: FIFA

Unknown's avatarJaymiel SavageLeave a comment
Business and Technology, Economics, International

AI and the Workforce

Imagine a world where robots and smart computers work alongside humans, changing the way we do our jobs. Well, that world may come sooner than we think with the rapid development of artificial intelligence (AI). Ever since its invention in the 1950s, AI has been getting smarter and more common in our lives, to the point where it can now interact with humans, such as … Continue reading AI and the Workforce

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Business and Technology, Economics, Finance and Markets, International

Cryptocurrencies and CBDCs – The Future of Money

As the world rapidly adapts to huge technological advancements, the traditional way of handling money has completely transformed. The rise of cryptocurrencies and development of CBDCs (Central bank digital currencies) have sparked a financial revolution, shaping the future of financial systems worldwide. Cryptocurrencies are completely digital and can be used as an alternative form of payment. They are created using encryption algorithms that ensure their … Continue reading Cryptocurrencies and CBDCs – The Future of Money

Unknown's avatarJaymiel Savage3 Comments