Bermuda is a UK Overseas Territory and has the largest offshore aircraft registry, which is also tenth in size overall compared to the 193 signatory States to the Convention on Civil Aviation. The Bermuda Civil Aviation Authority (BCAA) is responsible for the regulation and safety oversight…
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Countries Most Targeted by Significant Cyber Attacks
Over the last decade, cyber security has rapidly become a concerning problem. Rightfully so, given how a cyber-attack can compromise an organisation’s key functions and processes within a matter of seconds, exposing sensitive data to opportunistic criminals. The impact and severity of cyber-attacks can be exhibited by a report from …
Global Trade Fair Operations Off to a Successful Start
Messe Frankfurt has held its first trade fairs since the multi-month global lockdown – with great success. Taking place from 15 to 17 July, Intertextile Shenzhen Apparel Fabrics and the Yarn Expo demonstrated just how important personal encounters are, highlighting the increased need for face-to-face meetings in the current situation.
Global Private Wealth Surged by 80% in the Last Decade
Global private wealth has been growing fast in recent years, exceeding economic growth worldwide. With the number of millionaires reaching 24 million in 2019, and the Fintech industry offering new services to people with more limited amounts of disposable income, the value of assets held by the private wealth managers…
World Wealth Report 2020
Global wealth grew by almost 9% in 2019 – despite economic slowdown, international trade wars and political tectonics like Brexit, Hong Kong social unrest, and turmoil in Latin America. Capgemini’s 2020 World Wealth Report (WWR) accounts for global wealth movements in the past year and delves…
Facing Uncertainty after Wirecard Collapse: An Insider’s View on Mitigating Situation and Third-Party Necessity
On June 25th, payment processing company Wirecard filed for insolvency, leaving numerous companies in uncharted territory. ConnectPay, an online banking service provider, has shared their view on the matter and raised the question of third-party involvement in digital payments. Just recently, the payments market was struck by surprise, when Wirecard…