Bitcoin – it’s not a currency, it’s not a capital asset… so what is it?

Bitcoin – it’s not a currency, it’s not a capital asset… so what is it? Key points Digital currencies and blockchain technology may have a lot to offer – but that does not mean Bitcoin will be it. Due to extreme volatility, high transaction costs and slow processing, Bitcoin does not cut it as digital cash. But it’s not an asset generating cashflows either, which makes it impossible to value. Key for investors is not …

Client experience front and centre for AMP Bank’s latest technology enhancements

AMP Bank has launched a range of technology enhancements to boost client experience, including digital pre-application, electronic signatures and digital identification verification. Original Author: Produced by AMP and published on 04/06/2020

How fit are your finances? | Money & Life

    How fit are your finances? Wearable technology can monitor our heart rate and tell us how much sleep we’ve had, but what about our financial wellbeing? If you could benefit from a Fitbit for your finances, read on. Just like your physical health, the more you can monitor what’s happening with your finances, the easier it will be to improve your financial fitness. We all know that financial stress can have a negative …

Tech in the 2020s: what’s on the cards in the decade ahead? | AMP Capital

Tech in the 2020s: what’s on the cards in the decade ahead? As we begin a new decade, one thing is undeniable: technology bears a far greater influence on our daily lives and investment portfolios than it ever has. The impact has been so spectacular that the dispersion between companies, individuals, and investors embracing technology and those who haven’t has never been wider. It is unsurprising therefore that understanding where we are in this cycle, …

Where the money is: Jobs on the rise towards 2020

Where the money is: Jobs on the rise towards 2020 A new year can get you thinking about all sorts of lifestyle changes, including career direction. We look at the 5 industries expected to experience growth and offer the best in job opportunities in the next two years. Money isn’t the only reason we choose to work in the jobs we have. You might be following a personal passion or making the most of natural …

The rise of the gig economy and side gigs (thanks to technology)

The rise of the gig economy and side gigs (thanks to technology) Chances are you either have a side gig (a way to make money on the side of your usual job), want to have one, or you benefit from someone else’s.  While the gig economy has been bubbling away in the background for a while now, it continues to be on the rise, and people are finding new ways to make a bit of …

Are we in another 1990s tech bubble?

Are we in another 1990s tech bubble? A quick look at the valuations of the so called FAANMG group of stocks – Facebook, Apple, Amazon, Netflix, Microsoft and Google – and it certainly feels like it we’re in a tech stocks bubble a-la the late 1990s. However, if we compare valuations of this group to historical valuations during the major global asset bubbles over the last 40 years, it’s possible FAANMG and tech generally might …

Finding the winners from new technology

16 August 2017 Finding the winners from new technology A revolution happening in the energy industry and there will be winners (and losers). That’s the word according to AMP Capital Head of Investment Strategy and Chief Economist Shane Oliver. “The massive reduction in the cost of generating sustainable energy, together with energy that can be stored in batteries as battery technology evolves… is revolutionising things,” says Oliver. The rise and rise of sustainable energy sources …

How to make technology work for you

How to make technology work for you Automate the boring things Set up direct debits so your bills are paid on time without having to remember all the due dates. And if your credit card is weighing you down, set up a regular payment and pay the full amount each month if you can to avoid more interest. Or at least pay the minimum monthly amount before the due date rolls around. You’ll have peace …