Coffee has become an essential part of daily life for many in the UK. However, in recent years, consumers have noticed their morning brew is starting to weigh on their pockets. It begs the question, “why is coffee in the UK so expensive”? In 2018, the...
Open banking is one of the most significant innovations in the financial industry for some time. It essentially gives you greater control over your finances by allowing financial service providers to access your financial data. While it seems simple on the surface,...
Payment rails join the dots between one bank account and another. They’re the invisible tracks that move money quickly and securely all around the world. In today’s interconnected economy, efficient and secure money transfers are crucial for businesses of all sizes....
Interest rates and exchange rates typically have a direct relationship. Put simply, when one goes up, so does the other. The main driver of movement in this relationship is interest rates. When interest rates fall, exchange rates fall, and vice versa. If exchange...
Harrison Sharp, Privalgo’s Business Development Manager, recently joined the Findr team on an episode of their Game Set Match Up – The Partnership Podcast. Harrison joined Privalgo in 2022 and has since built a successful career within the business. As someone...
A pegged exchange rate involves a country fixing the value of its currency to another currency, a mix of currencies (often referred to as a ‘basket’ of currencies) or a commodity like gold. Nations do it to bring stability, control inflation and improve investor...
