The New Payments Platform may mean faster transactions, but it won’t be safer

The New Payments Platform may mean faster transactions, but it won’t be safer

News
Australians will finally enjoy the ability to send each other money in “real time”, with the launch of the New Payments Platform (NPP) today. The platform is a mixture of new processes for settling transactions between banks, guided by the Reserve Bank of Australia. But while this may make payments faster, it could also make them less safe. And data from the United Kingdom’s real-time payments platform, Faster Payments, show the take-up of Australia’s system may not be that strong. Although it was launched 10 years ago, Faster Payments has not yet become the most popular payment method in the UK. The most popular is still the traditional system, which takes three days to clear. Research into the Faster Payments platform shows it is rife with fraud and scams. Part of the problem in the…
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How is entrepreneurialism affecting China and its businesses?

How is entrepreneurialism affecting China and its businesses?

News, Publications
Watch Phil Harris discuss the influence of entrepreneurship in China, exploring Jackie Ma and the success of Alibaba, the new generation of Chinese entrepreneurs and the expansion of Chinese brands. Bringing together SAGE’s bestselling authors and leading figures in the field, and developed in partnership with academics, societies and practitioners to deliver cutting-edge pedagogical and research-oriented video within the social sciences, the full Business & Management Video Collection contains: More than 140 hours of tutorial, case studies and documentaries Tools to embed full videos or create custom clips for course management systems and other websites. FIND OUT MORE  
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Football’s cash derby

Football’s cash derby

News
Manchester in the north of England has a number of claims to fame. The birthplace of the industrial revolution; a fountainhead of musical outpouring and two football clubs amongst the planet’s best-known teams in a sport often referred to as ‘The World Game’. In the blue corner we have Manchester City; in the red Manchester United. Not only do the two teams have different coloured shirts, their business models are also very different, even if they both seek to maximise returns from the investments of their owners. [caption id="attachment_942" align="alignnone" width="640"] Raheem Sterling of Manchester City and Marcos Rojo of Manchester United (Photo by Robbie Jay Barratt - AMA/Getty Images)[/caption] "The different models represent differences of opinion as to whether football clubs are to be ‘cash cows’ to fund other…
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How the Game-based Learning Market is set to grow and grow…

How the Game-based Learning Market is set to grow and grow…

News
By Steven Markham According to research conducted by Ambient Insight, the global Game-based Learning market is on target to hit US$ 7.3 billion by 2021. Add to this, the projected figures for Simulation-based learning technologies of US$11.3 billion and it is clear that Game-based learning is on the rise. These figure represent a 22.4% and 17% rise over 2016 figures respectively. In 2015, private investors worldwide invested US$165.9 million in 35 Game-based Learning companies, an unprecedented figure at the time. However, only six months into 2016 saw US$325 million of investment in 37 Edugame suppliers. At the top of this was 'Age of Learning', a California-based company and developers of 'ABCMouse.com - Early Learning Academy', a digital learning resource aimed at ages 2-8. 'Age of Learning' received US$150 million of…
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Are you one of the best businesses in Cheshire?

Are you one of the best businesses in Cheshire?

News
Are you one of the best businesses in Cheshire? Nominations are now open for the High Sheriff’s Awards for Enterprise. The High Sheriff’s Awards for Enterprise 2017/18, Cheshire’s most prestigious business awards, are now open for entries. In its 12th anniversary year, the Awards offer thousands of pounds worth of prizes, as well as access to a network of support across Cheshire and a promotional opportunity for local businesses. The winners will be announced at a presentation evening on March 22, 2018 in the stunning surroundings of Chester Racecourse. Guests will include business leaders, judges and the finalists. The winner of the High Sheriff’s Award for Enterprise, sponsored by LDF and O2, will receive a free place for one of its appropriately qualified managers on the award-winning MBA programme at…
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Alibaba, fintech & techfin

Alibaba, fintech & techfin

News
In late June Chinese behemoth Alibaba said its revenue for the year ahead would increase by just less than 50 per cent. The following day the market added $US42.25 billion to its value - a figure roughly equivalent to the size of Barclays Bank. Alibaba is essentially a technology company described by some as ‘a big-data conglomerate’. The company’s vertically and horizontally integrated services include online shopping, music streaming, photo sharing, logistics, news and finance - all of which contribute information on customer spending, locations and viewing. This data is collected, collated and fed back to the merchants who use Alibaba’s ecommerce platforms, enabling them to better target customers. "Techfins see data as not just something to help grow their business but as the core of their business.” -Steve Worthington In 2014, Alibaba created…
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Chester Forum VIII

Chester Forum VIII

FEATURES, News
The eighth Chester Forum entitled "UK and China Business: The Marco Polo Initiative and Belt Road Initiative (BRI)" was held at Churchill House on the University of Chester's Queen's Park Campus on Monday 10th July 2017. The proceedings were opened by Dr Fran Hulbert, Chairman of Chester Forum and University Business Advisory Council and Professor Phil Harris, Executive Director of the University of Chester's Business Research Institute. The Vice Chancellor of the University of Chester, Professor Tim Wheeler welcomed the delegates and guests in an opening speech which set the scene for the day ahead. Simultaneous translations were given throughout the day. Delegates from China and UK received presentations and took part in discussions within four main topics: Review of the Economy, Politics, International Economy and Partnerships with China Reflections…
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