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6 min read

LOOKING AHEAD: 2022 Fintech Predictions and Reflections

2021 was the year of recovery and opportunity for many, following months of disruption caused by the pandemic. But whilst many industries have struggled to bounce back from the disruption, many Fintechs have managed to thrive in a somewhat hostile economic climate as a result of innovation, digital disruption, lucrative funding and a vision for how products can change the lives of consumers whilst helping businesses grow. From a personal perspective, it’s been wonderful to see that as an industry...
5 min read

Set your business up for sales success in a post-pandemic world

Dean Fiveash, Head of FinTech Sales, IFX Without doubt the Coronavirus pandemic impacted every aspect of our lives and fundamentally changed the way in which we all conduct business. From the widespread adoption of working from home, to the amplified...
5 min read

Why international business presence is the key to post Brexit success

As the clocks turned 2020 into 2021 the UK left the European Union after 47 years. The decision divided the country, and businesses were forced to adapt to – and comply with new regulations. Certain industries were clearly more affected...
5 min read

Championing women in business

Engaging women in taking up roles in the business sector and the advancement of female talent has long been at the top of business agendas and conversations. Despite this, reports are still showing that only 1 in 3 UK entrepreneurs...
5 min read

The Trials of Developing a Fintech Product

The emergence of FinTech disrupters and innovators has given customers and companies better ways to pay online, as well as the ability to make cross-border payments and book foreign exchange in more secure and simple ways than ever before. The...
3 min read

IFX Payments appoints Tony Brown as new Head of Compliance

The appointment looks to bolster the company’s standing as a champion of regulation in the payments industry London, 30 August 2021. IFX Payments, the global fintech company, today announces the appointment of Tony Brown as its new Head of Compliance...
3 min read

IFX Payments enhance Partnership with Brentford FC.

Official FX Partner become a Platinum Partner with new deal agreed. Brentford Football Club are pleased to announce that IFX Payments has strengthened its relationship with The Bees to become an Official Platinum Partner ahead of the 2021/22 Premier League...
4 min read

Embracing innovation in payments & technology

Embracing innovation in payments & technology After years of building a successful telephone brokerage business, it became clear to us that the foreign exchange industry was becoming increasingly saturated. More and more market entrants were offering what was swiftly becoming...
2 min read

IFX Payments promote Will Marwick to CEO role

IFX Payments promote Will Marwick to CEO role IFX Payments, the global fintech company, today announces that Nick Williams will step down as CEO after successfully leading the business for 16 years. He will transition to the role of executive...
1 min read

Over £3,000 raised in IFX Rowing Challenge

In the spirit of light-hearted competition, our Head of Fintech Dean Fiveash, and Head of 360 Simon Hughes, battled it out in a half-marathon row to raise money for Great Ormond Street Hospital Charity in support of the incredible work...
1 min read

IFX Payments proudly supports GOSH

IFX Payments proudly supports Great Ormond Street Hospital (GOSH) Children’s Charity. Every day, 619 children and young people from across the UK arrive at GOSH for life-changing treatments. The incredible work undertaken by this extraordinary hospital has always depended on...
markets

Market report

Tuesday 29th November 2022

After a week of the dollar weakening against the major currencies, the greenback gained some ground back as the Covid unrest in China pushed investors into safe havens. The Covid unrest comes after their ‘zero cases’ lockdown rules sparked mass protests, something rarely seen in China after a tower block fire killed 10 people and was blamed on residents not being able to escape quickly enough because of lockdown security issues. The World Trade Organization say that Global trade has shrunk from 100 down to 96.2 as export orders weaken and demand for container shipments and air freight drops. GBPUSD fell to around 1.1920 from 1.2140 last week, whilst EURUSD fell a little less from 1.0496 last week to around 1.0365. However overnight Beijing has announced they will step up rolling out vaccines to the elderly which has boosted the demand for riskier assets and GBPUSD rose to around 1.2030 this morning. The BOE do not usually comment on NHS waiting lists however the UK avoided big job losses at the height of the pandemic but, since Covid-19 lockdowns lifted the number of people of working age who are economically inactive who are neither working nor looking for a job, has risen by more than 630,000 since 2019 and this does not look like recovering anytime soon. This has not necessarily been driven by long-term physical health issues which have not been treated due to long wait times at hospitals but can be attributed to mental health issues too. There is no key data today however two BOE policymakers are speaking, the notable one is Andrew Bailey at 3 pm today. The ECB’s Isabel Schnabel is also speaking at 13.30. GBPUSD currently resides at 1.1990 GBPEUR currently resides at 1.1570 EURUSD currently resides at 1.0356
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