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Leonard Pokrovski

added blog Business
2024-08-11 14:58:46 -

DIGITALIZATION AND INNOVATION IN THE FINANCIAL SECTOR: CURRENT TRENDS AND PROSPECTS
DIGITALIZATION AND INNOVATION IN THE FINANCIAL SECTOR: CURRENT TRENDS AND PROSPECTS Abstract: The article examines the impact of digitalization on the financial services industry and the flourishing of innovations in this area. The changes that have occurred in traditional monetary institutions and the emergence of innovative startups are investigated. Research data from UBS and BCG confirms...

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Dacey Rankins

added blog Financial Services
2024-11-08 17:04:14 -

Financial Services in the USA: An Overview of a Vital Sector
The financial services industry is one of the most crucial sectors in the United States economy. It encompasses a broad range of services that help individuals, businesses, and governments manage their financial resources, facilitate investments, mitigate risks, and access capital. From banking and insurance to investment management and financial advisory services, the financial services...

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Leonard Pokrovski

added blog Economics
2026-02-19 02:23:23 -

How Does Commerce Contribute to the Economy?
How Does Commerce Contribute to the Economy? Commerce is the system through which goods and services are produced, exchanged, transported, and consumed. It connects businesses with customers, farmers with markets, and innovators with investors. Without commerce, production would remain isolated and economic growth would be slow and uneven. In simple terms, commerce is one of the main engines...

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Leonard Pokrovski

added blog Economics
2026-02-04 21:13:27 -

What industries were most affected by Brexit?
What industries were most affected by Brexit?Finance, agriculture, fishing, and manufacturing The United Kingdom’s decision to leave the European Union in 2016, commonly known as Brexit, marked one of the most significant economic and political changes in modern British history. For more than forty years, the UK had been deeply integrated into the EU’s single market, customs...

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Mark Lorenzo

added blog Financial Services
2023-05-11 20:18:37 -

Why the private sector under invests in innovation
Key points New technology often has positive externalities—in other words, there are often spillovers from the invention of new technology that benefit firms other than the innovator. The social benefit of an invention, once these spillovers are taken into account, typically exceeds the private benefit to the inventor. Competition creates pressure to innovate....

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