The Finseta Blog

Shilling currencies around the world

Shilling currencies around the world

The origin of the term Shilling is debated. Some believe it is based on the Old English term ‘Scilling’ which meant 1/20th of a pound.…

How does the Bank for International Settlements work?

How does the Bank for International Settlements work?

The Bank for International Settlements (BIS) is the world’s oldest international financial organisation. It plays a crucial role in fostering global monetary and financial stability.…

Final Results for the Year Ended 31 December 2022

Final Results for the Year Ended 31 December 2022

Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and individuals, announces its final results for the year ended…

Rial currencies around the world

Rial currencies around the world

The Rial/Riyal name is based on the Latin term ‘regalis’ which literally means royal.  It shares a similar etymology to the ‘Real’ currency which can…

Completion of Sale of Avila House Ltd.

Completion of Sale of Avila House Ltd.

Further to the Company’s announcement of 23 December 2022, Cornerstone FS Plc (AIM: CSFS), a foreign exchange and payments company offering multi-currency accounts to businesses and…

Rupee currencies around the world

Rupee currencies around the world

The Rupee dates back thousands of years. It is thought to be based on the Sanskrit word r?pya which, when literally translated, means a round…

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Finseta Trading Update

Finseta Trading Update

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, provides an update on current…

Welcome to the team Tom, our new Marketing Manager

Welcome to the team Tom, our new Marketing Manager

We’d like to give a big welcome to Tom Willoughby, our new Marketing Manager.  Tom joins us after spending the last few years freelancing as…

Finseta expands to Middle East

Finseta expands to Middle East

New General Manager APAC and Middle East, Robert O’Brien, appointed to lead our new Dubai office. Cornerstone FS plc (AIM: CSFS), the cloud-based provider of…

Welcome to the team Eliza, our new Finance Assistant

Welcome to the team Eliza, our new Finance Assistant

We’d like to give a big welcome to Eliza Tang who joins the Finance Team at Finseta. Eliza will be helping to support this crucial…

We are now officially an authorised E-Money Institution

We are now officially an authorised E-Money Institution

Cornerstone FS plc (AIM: CSFS), the cloud-based provider of international payment, currency risk management and electronic account services to SMEs, announces that the Group’s primary…

Finseta establishes Asia team

Finseta establishes Asia team

New team appointed to leverage increasing foreign investment from Asia in UK and to grow direct business Cornerstone FS plc (AIM: CSFS), the cloud-based provider…

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Who actually sets interest rates around the world?

Who actually sets interest rates around the world?

Given the ongoing economic crises in various countries around the world, attention at the moment is rightly more focused on interest rate decisions than in…

Italy’s new government and the Eurozone

Italy’s new government and the Eurozone

On Saturday 22nd October following another set of early elections in Italy, a government consisting of four right-wing political parties was sworn into office. The…

How did the US Dollar become King?

How did the US Dollar become King?

When it comes to currency, the US Dollar dominates all the others. No currency comes even close to having a similar power. The dollar accounts…

Close-up on the currencies of ‘The Next Eleven’

Close-up on the currencies of ‘The Next Eleven’

In last week’s article we looked at ‘the next eleven’, those countries who are predicted to be the global economic leaders of the future. These…

Who are ‘The Next Eleven?’

Who are ‘The Next Eleven?’

Several years after the publication of the paper on the BRICS, experts and commentators began to ask the question, which are the other economies to…

How does the Office for Budget Responsibility work?

How does the Office for Budget Responsibility work?

In the last week there has been increasing disquiet about the OBR (Office for Budget Responsibility) not being allowed to publish its forecasts based on…

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Sonny Hellmers

Senior currency specialist