GFM Review Newsletter (WK 43)
WK 43
The end of the year is rapidly approaching and it would seem
that we have so far managed to avoid economic meltdown across the globe. That
is not to say it has been easy, who would have thought we would see major military
conflict both in Europe and the Middle East?
For our part we have seen major changes at GFM Review, a new
nomination process to ensure you, our readers are able to nominate with ease.
There is a new 'look-and-feel' coming in November to freshen
how you see the news.
By no means least we are delighted to be changing the
3-minute round up to a weekly format. Thus, giving you and the other
30,000 readers we have the best in current news and events.
So, enjoy and any feedback drop me a line
brett.hurll@gfmreview.com
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China Slows, The Region Catches a Cold
China's meteoric rise served as a catalyst for economic
growth across Asia. Countries in the region have become increasingly
interdependent with the world's second-largest economy. However, the recent
downturn in China's real estate market, marked by a 9% decline in property
investment in the first seven months of this year, has sent ripples across the
continent.
Airbnb is a significant contributor to housing shortages and
neighbourhood degradation may be more nuanced than it appears. Data from Airdna,
a firm unaffiliated with Airbnb, suggests that the correlation between the
proliferation of short-term rentals and rising housing costs is not as
straightforward as some claim.
The Art of Storytelling: Enhanced by AI
Explore how the enduring craft of storytelling intersects
with cutting-edge AI technology. Uncover how data-driven narratives can supercharge
your brand's message, captivate your audience, and provide measurable results.
Global Wealth Dips But Banks Vie For Wealth Management Dominance
The landscape of global wealth experienced a notable dip in the previous year, marking the first such decline since the 2008 financial crisis, as revealed by UBS in its 2023 Global Wealth Report. The report also highlighted a 6% contraction in the number of dollar millionaires, now standing at 59.4 million. Furthermore, individuals with net worths of $50 million or more saw an 8% decline.
Award winners were announced, but if you missed them we had
a number of really interesting organisations, I've included some of them. Check
them out, these business are all bringing something and disruptive to their industries.
Most Innovative in Payments in MENA 2023
Lamaa is a B2B fintech leader in Saudi Arabia, founded by
former digital banking veteran, Sumeet Khutale. Catering to diverse business sizes,
Lamaa emphasises financial inclusion and digital transformation. Leveraging
advanced technology, backed by significant partnerships, and a seasoned team,
Lamaa offers tailored financial solutions, aiming to revolutionise the business
ecosystem.
Most Innovative in Lending in India 2023
TradeReboot, a linchpin in India's fintech ecosystem,
empowers exporters and importers, especially SMEs, through digital
transformation. By leveraging blockchain and smart contracts, it offers secure,
transparent financial services like invoice discounting and supply chain
finance, facilitating smoother cross-border transactions. Strategic
partnerships with global banks enhance its credibility, making it a robust,
innovative platform for democratising trade finance.
Best Fintech Solutions Provider 2023
Yodaplus is a technology solutions company specialising in
secure, scalable solutions intersecting technology, finance, and blockchain. With
global capital market expertise, a proven track record of successful product
development, and recognised as leading blockchain experts in India, they
deliver enterprise solutions simplifying complex challenges for their clients.
Hope you found some of this interesting, your feedback is always welcome.
We produce this for you after all.
See you next week.
Brett
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