Author: INDEPENDENT

Payrow is a Business Reporter client.The UK’s fintech sector has transformed in the past five years thanks to technological advancements, evolving consumer expectations, and regulatory changes. Despite challenges such as Covid-19 and Brexit, the sector has shown remarkable resilience. Aleksei Glukhov and Evgeny Mishchenko, co-founders of the British FinTech company Payrow, provide their insights on the industry’s evolution.The impact of Covid-19 on UK fintechCovid-19 accelerated the digital transformation of the financial sector. As businesses and consumers shifted online, fintech companies saw a surge in demand for innovative solutions. Traditional banks, burdened by legacy systems and physical branches, struggled to adapt quickly.…

Zelensky says China trying to undermine Ukraine peace summitFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking news emailsRussia’s president Vladimir Putin has insisted a new partnership struck with North Korea’s Kim Jong Un – including a mutual defence clause – is “peaceful”, according to state news.Mr Kim hailed the new agreement struck during Mr Putin’s first visit to Pyongyang in 24 years as heralding a “new, high level of alliance” between their countries, and claimed it would “become a driving force accelerating the creation of…

Sign up to Miguel Delaney’s Reading the Game newsletter sent straight to your inbox for freeSign up to Miguel’s Delaney’s free weekly newsletter A Germany fan suffered a broken arm after being hit by a wayward Niclas Fullkrug shot on Friday, but the supporter is set to be back in the stands on Wednesday.Kai Flathmann was struck during the warm-up for Germany’s Euro 2024 opener against Scotland, and he was forced to watch the rest of the game from a hospital in Munich. That has not deterred him from seeking a swift return to the stands, though, with Flathmann due…

UCISA is a Business Reporter client.Traditionally, IT has been seen as a technology delivery service: business strategy and operating models have been developed and approved, then passed to IT to deliver the tech elements. In some cases, decisions on how and where to invest technology budgets have already been made before IT gets involved.Not long ago, reputable universities, institutions and companies invested most of their capital in physical assets. Today many of these organisations have replaced “bricks” with “clicks”, rapidly accelerating into the online world – one which requires greater agility, scalability and continuous improvement at pace.Organisations are now often…

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inboxGet our free Inside Washington emailThe White House canceled a meeting with Israel on Iran after Israeli Prime Minister Benjamin Netanyahu accused the US of withholding weapons as the war in Gaza rages on, according to a report.Netanyahu released a video on Tuesday, claiming he had told Secretary of State Antony Blinken that it was “inconceivable that in the past few months, the administration has been withholding weapons and ammunitions to Israel.”President Joe Biden’s top advisers were angered by Netanyahu’s public statement —…

Albanian fans snap spaghetti in front of Italians at EurosCroatia and Albania will face off in Hamburg as both sides look to grab their first points of Euro 2024. Zlatko Dalic’s Croatia team were deservedly beaten by Spain in their opening game, with a disappointing display leading to a 3-0 loss, but their recent overachievements in tournament football mean that their spirits won’t be too dampened by that result. The Croatians, led by 38-year-old Luka Modric, will be fully aware that three points against their Balkan neighbours will stand them in good stead to qualify in second or even third…

Get the free Morning Headlines email for news from our reporters across the worldSign up to our free Morning Headlines emailUK inflation slowed to 2 per cent in May, dropping to its lowest level since July 2021, according to new official figures.It has matched the target rate of inflation set by the Government and Bank of England after a slowdown in price rises over the past two years.Chancellor Jeremy Hunt said he hopes the Bank of England will now cut interest rates so mortgage costs can come down.But experts said, despite inflation returning to target, the Bank of England is…

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emailsSign up to our free breaking news emails Hundreds of people died during this year’s Hajj pilgrimage in Saudi Arabia as temperatures have touched 51 degrees Celsius.Saudi Arabia has not commented on the death toll amid the heat during the pilgrimage, required of every able Muslim once in their life, nor offered any causes for those who died. However, hundreds of people had lined up at the Emergency Complex in Al-Muaisem neighborhood in Mecca, trying to get information about their missing family…

Germany laid down a marker in their demolition of Scotland in Munich (Getty Images)Julian Nagelsmann’s vibrant Germany side face Hungary in Stuttgart looking to move one step closer to the last 16 of Euro 2024. The hosts won many plaudits after their display in the 5-1 victory against Scotland in the opening game, with Jamal Musiala and Florian Wirtz in particular signalling a new generation of German talent to go alongside established greats including Toni Kroos and Ilkay Gundogan. And while Germany further consolidated their status as one of the tournament favourites, Hungary – who some touted to be among…

Autodesk is a Business Reporter client.An entirely new wave of automation is now taking root in the design and manufacturing industry—and for good reasons. Finding skilled labor remains a challenge, margins are becoming increasingly smaller, speed to market is imperative to success, and the supply chain and consumer demand remain in flux. But what problems can automation help manufacturers address? How can busy companies even start to leverage new technology without becoming overwhelmed?Kelvin Hamilton, Senior Innovation Manager at Autodesk, leads a team of engineers that looks at the future of manufacturing. His team strategizes how manufacturers can solve industry-wide problems…