Jerry is the CEO of MoneyDrome, a hybrid investment & trading platform enhanced by analytics, machine learning and artificial intelligence. He is also an entrepreneur, writer and speaker with a 30 year diversified background in finance, engineering and maritime. His main areas of interest are FinTech and digital disruptions, which profoundly impact the global economy as well as our personal lives. Mr Floros graduated from the University of Oxford and the Wharton School of the University of Pennsylvania.
High street banks are facing the biggest challenge in their existence by challenger banks and FinTech. Last year, 583 bank branches were closed in the UK setting a record that will only be broken this year again with an estimated 762 branches being closed in 2018.
Bitcoin has witnessed a meteoric rise. With every blistering ascent to the next record breaking level of Bitcoin – having breached the incredible $20.000 mark - the hype becomes bigger, and even bigger, the predictions of doom.
Today is the beginning of the upcoming media frenzy about the Paradise Papers that will reveal many more names of public individuals, public companies, politicians and many not-so-public individuals with a blatant disregard for tax laws.
Difficult and prolonged negotiations between the UK and EU27 have not resulted in any trade deal as yet and the prospects to reach a deal by 2019 look pretty slim. And how can it? When British parliament and it’s MP’s cannot even agree on a common approach to Brexit, how to move forward?