Tagged: worldfirst

WorldFirst: UK SMEs Still Positive After All the Brexit Fears

Even while the parliamentary Brexit soap opera continues and elected officials debate the optimal strategy to cut the best deal with Brussels, UK SMEs remain resolute in their focus to move onward and upward whether they are are part of the EU or not. This… Read More

China: WeiyangX Fintech Review

PBOC Bans Unauthorized APP to Access Credit Rating System Recently, the People’s Bank of China (PBOC), China’s central bank, issued a document named, “Notice on Further Strengthening the Management of Credit Information Security” (Yinfa [2018] No. 102) (hereinafter referred to as “Document No. 102”), to… Read More

Payments Firm WorldFirst Says UK SMEs Look Beyond Brexit

WorldFirst, a Fintech payment platform, is out with a report on UK SMEs. Their ninth quarterly Global Trade Barometer is putting a positive spin on the UK economy as smaller firms position themselves for the post Brexit reality. WorldFirst says more payments are beginning to… Read More

Payments Platform WorldFirst Report: Number of UK SMEs Trading Internationally Declined by Half in 2017 Compared to End of 2016

WorldFirst, a global payments provider, has published their Global Trade Tracker that provides a glimpse of UK SME activity during the quarter. According to their numbers, international trading by UK SMEs declined by almost 50% in comparing Q4 of 2017 to the same quarter in… Read More

WorldFirst Launches International Payment Platform Putting Traditional Banks on Notice

WorldFirst has announced the launch of a multi-currency payment platform that makes international banking that much easier. The new World Account is available now to UK corporate customers. The new service seeks to help SMEs trading internationally that struggle to accomplish their goals using traditional… Read More

Final Spring Budget: Alternative Finance Provides Feedback on Chancellor of the Exchequer Philip Hammond’s Announcements [u]

Chancellor of the Exchequer Philip Hammond delivered the final Spring budget today. Many policy questions persist as the UK separates itself from the European Union: Will the UK be able to maintain its leading economic status in Europe? Will the UK hold onto its dominance… Read More

WorldFirst Report: Message from UK SMEs to High Street Banks is They Just Aren’t Cutting It

Currency transfer specialist WorldFirst has published a report that measures UK SME’s attitudes towards traditional finance. According to their research, agile Fintech firms are preferred over banks – specifically when it comes to foreign exchange. Jonathan Quin, CEO and co-founder of World First, commented on… Read More