Remove Banking Remove Global Hiring Remove Regulations Remove Service
article thumbnail

Why the UK is Dominating Europe’s Fintech Market

Globalization Partners

challenger banks) and B2B (e.g. open banking) products finding room to grow. Many are now well-known brands, like OakNorth Bank, Revolut, Starling Bank, Checkout.com, and Monzo. What are the regulations for fintech? A clear example of this is in Open Banking. The origin of fintech in the UK.

article thumbnail

Benefits and Challenges of Expanding to Hong Kong

Globalization Partners

Though Hong Kong is small geographically compared with many of its Asian neighbors, it boasts thriving industries such as financial services, tourism, medicine, education, and creative industries. Additionally, Hong Kong-based service providers across dozens of industries receive preferential treatment in providing services to the mainland.

Banking 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Current Trends Shaping EMEA’s Tech Sector in 2022 and Beyond

Globalization Partners

The continent is constricted by a diverse language pool, different payment methods, and varying regulations across the bloc. However, the continent doesn’t have a corresponding market for services, hindering the software industry. Thirty-seven percent of women in the Sub-Sahara have a bank account.

article thumbnail

Globalization Benefits and Challenges

Velocity Global

Developing nations experience an improved standard of living—thanks to globalization. According to the World Bank , extreme poverty decreased by 35% since 1990. For example, globalization gives companies the opportunity to explore tech talent in booming markets such as Berlin or Stockholm, rather than Silicon Valley.

Payroll 119
article thumbnail

These Five Countries Lead the Worldwide Vaccine Rollout

Velocity Global

The First Abu Dhabi Bank predicts 2.5% The UK quickly authorized multiple vaccines while EU regulators went through a longer approval process. Furthermore, Prime Minister Boris Johnson entrusted vaccine distribution to the state-funded National Health Service rather than individual contractors or private companies.

article thumbnail

Learning from the Great Recession: Two Strategies That Can Help Businesses Rise Above COVID-19

Velocity Global

Financial Crisis Inquiry Commission determined multiple causes for the Great Recession, including: A general lack of financial oversight by regulating bodies. Corporate governance that allowed banking firms to take on too much financial risk. International PEO helps you maximize ROI when expanding globally. While the U.S.

article thumbnail

Benefits and Challenges of Expanding to Australia

Globalization Partners

Both complicated regulations and obscure tax processes can make navigating the waters of employment difficult for individuals unfamiliar with local laws. Its top sectors are mining, agriculture, and services, and critical areas of potential growth include renewable energy, technologies, and health and aged care. Ease of doing business.