The bank said the switch from physical to digital services was continuing to grow rapidly with 6.4 million of the bank’s customers now regularly used its mobile app, 16% higher than in 2017. The bank, which is majority owned by the government, said it would pay £977m to the Treasury through dividend payments. Royal Bank of Scotland has reported profits of £1.62bn for 2018, more than double the £752m it made last year. RBS profits more than double as it celebrates digital success However, it wasn’t all bad news with its digital circulation increasing by 40.5% compared to 2017 reaching 11,400 readers.įree men’s magazine Shortlist was axed last year but ended up leading the market in category as the year closed, reaching a circulation of nearly 503,300 readers, up 0.1% year on year. The worst hit title in the women’s lifestyle market was Cosmopolitan, recording a fall in circulation of 31.6% year on year, down from 302,500 in the first half financial year of 2018 to 240,400 readers in the second. The Guardian and Observer’s circulation fell by 7%, behind The Times (5%), Sunday Times (6%) and Financial Times (5%). No paper saw an increase in circulation but Metro and London Evening Standard suffered the lowest losses, with a decline of 3%. This is followed by the Daily Star, which fell 16% to 329,97. The worst hit newspaper was the Sunday People which saw a drop of 18% year on year to 159,836. The overall magazine market is in decline according the latest the Audit Bureau of Circulations (ABC) figures with newspaper’s circulation also continuing to decline. READ MORE: Amazon Moments lets developers reward customers with actual gifts, not just virtual ones Magazine market falls Amazon said its plans to build a new headquarters required “positive, collaborative relationships with state and local elected officials who will be supportive over the long term”. The u-turn is just months after the firm named New York City one of two sites selected for major expansion over the next decades.Ĭity and state leaders had agreed to provide about £2.3bn in incentives to secure the deal but the subsidies prompted fierce backlash from local politicans and activists. The news comes as Amazon announced that it will not build its new headquarters in New York, after backlash from campaigners. Amazon has created a catalog of “millions” of products that developers can choose from to incentivise customers including gifts from third-party vendors. The scheme has already got 20 companies on board including TikTok, USA Today and the Washington Post with customers on average two to three times more likely to complete actions according to results from the pilot. Once the brand has picked a “moment” it can set campaign dates, identify the target customer, add a product or reward package before customizing the promotional messages and reward landing page Every time the action is completed, the brand pays Amazon. The term “security” can refer to stocks, bonds, private equity and many other types of financial investments.Amazon launches rewards program for companiesĪmazon has launched a new loyalty program that gets companies to reward users with Amazon gifts.Īmazon Moments launched in 100 countries on Thursday (14 February) and works by allowing companies to reward certain actions or “moments” from consumers, such as a renewing a subscription, with digital and physical Amazon gifts. The DLT Pilot Regime, supervised by the European Securities Market Authority (ESMA), will test the full potential of tokenized security trading on blockchain technology. The reason cryptocurrency exchanges and traditional exchanges have not enabled tokenized stock trading is that it is still a legal gray area. To provide legal clarity on tokenized stocks, the European Commission is unleashing a forward-thinking regime in March 2023 that may usher in the “killer app” of blockchain technology. The global cryptocurrency exchange Bittrex did briefly let investors trade tokenized stocks like Apple and Pfizer, but they suspended tokenized stock trading shortly after its debut. However, these stock shares are not stored and traded using blockchain technology. Right now, it looks like the next major blockchain use case will be tokenized stocks. Today, investors are able to buy traditional stocks like Tesla from cryptocurrency fintech firms such as Bitpanda. Over the past decade, the use cases for blockchain technology have grown from money and payments to decentralized exchanges and nonfungible tokens. Blockchain technology is like a Swiss Army knife that can provide different solutions depending on the problem.
0 Comments
Leave a Reply. |