The Finseta Blog

It has been a big week in the EU with plenty of data and political action. The ECB has increased interest rates by 0.5%, the first rate rise in the Eurozone since 2011. It comes at a time when inflation has hit record highs of 8.6% and the economic gulf between member states is widening. […]

You’ve heard of Bitcoin, but what about … Bank of England Coin? As finance continues to digitise, one of the few things that have stayed the same has been the use of cash. Although many of us use digital tools to manage our finances, cash is still a central part of a country’s financial life. […]

Unsurprisingly, inflation continues to be the topic of the moment with figures announced Wednesday showing US prices rising 9.1% in June compared to a year ago, the highest rate in 40 years. Wednesday’s result was surprisingly higher than consensus estimates of 8.8%. Inflation continued to be led by large food and fuel price increases but […]

The European Union hasn’t finished expanding, there are actually several countries who are in the process of joining right now! Any country who joins is legally obliged via EU treaty to replace their own domestic currency with the Euro. Following recent news that both Ukraine and Moldova were granted ‘EU candidate status’ we’ll take a […]

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that Chief Executive Officer (CEO), Julian Wheatland , has decided to step down from his role with Cornerstone with immediate effect. He has agreed to facilitate an orderly handover of his responsibilities to the […]

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, provides an unaudited update on trading for the six months ended 30 June 2022. As announced on 20 April 2022, the Group achieved its highest ever quarterly revenue for the first three months of the […]