Increasing amounts for travel, entertainment and socializing in restaurants and cafes, gradually recovering the physical shopping adopting at a large scale the e-payment solutions – these are few of the trends noticed amongst above 1.5 million customers of Revolut financial app, last year, in the Romanian market. In the last 12 months, Romanian users counted 107 million transactions and the […]

Global business leaders harbor major concerns over the decisions and omissions made by Artificial Intelligence (AI) systems – despite the fact that 60% of companies now use them. Dentons, the world’s largest law firm, has conducted a survey of global business leaders on their organizations’ use of AI, as well as on the risks and opportunities presented by AI technologies. […]

Mazars, the international audit, tax and advisory firm, with research partner DataGalaxy, announces the release of its first global study on data – The race to data maturity: Is your business as far ahead as you think? Over 1,100 business leaders from 21 countries, working in different size organisations in various industries and sectors participated in an online survey. The […]

People across the globe see national governments as primarily responsible for tackling climate change (54%), followed by the UN (40%), according to the results of a new Vodafone Institute survey conducted by Kantar, which included 17,000 people from 17 countries, including Romania. And digitalisation is considered by most to be a solution for achieving climate goals, as mentioned by almost […]

A new report released today by KPMG in Romania reveals that today’s consumers have high standards. They expect to receive great value for money for the products and services they buy, and to have excellent interaction with employees as well as flawless service. The Value for Money Economy We are wrapping up 2021 with a look at the state of […]

Last week, the European Commission published the VAT Gap report for 2019. The good news is that, at the European Union (EU) level, the VAT collection rate has increased again, and Member States have lost about €7bn less than the previous year. However, if we look at the absolute value of the VAT amount that the tax authorities have failed […]

The number of businesses globally considered ‘Fit for the Future’ (FFTF) and better prepared to deal with future challenges – such as increased competition, changing employee expectations, and rising customer demand – has grown, according to a major new study from Vodafone Business. An overwhelming majority (94%) of FFTF businesses believed they were well-prepared for the risks facing them, compared […]

Data from a survey conducted by Revolut Junior, the account for kids and teens with 1 million users all over the world, reveals European parents’ habits and attitudes towards finances for their children. The data comes from a survey conducted by Revolut Junior, with almost 5,000 participating European parents. The data shows, among other things, how much weekly pocket money […]

Investments in property in Central & Eastern Europe (CEE) for H1 2021 were down by a whopping 22% compared to the same period a year earlier, which may come as no surprise, given the immense economic repercussions of the COVID-19 international health crisis on most sectors. Indeed, real estate development, investment and lending to the sector have taken a beating […]

Mazars, the international audit, tax and advisory firm, launched the ‘Unlocking trust: why global compliance is on the business agenda’ study. Based on a survey of 892 senior accounting and tax compliance professionals working in multinational companies from 25 countries, the study highlights the opportunities and risks associated with compliance now and in the future. Opportunity to create value Compliance […]

The third annual edition of the Digital Quality of Life Index (DQL) ranks Romania 34th among 110 countries. Covering 90% of the global population, the DQL study is conducted by the cybersecurity company Surfshark and evaluates countries based on a set of five fundamental digital wellbeing pillars. Romania ranks within TOP 30 internet affordability (ranks 27th), e-security (22nd), and internet […]

A new report by Juniper Research has found that the enhanced capabilities of 5G are driving enthusiasm and awareness of private cellular networks; bringing annual spend on network hardware and services to almost $12 billion globally by 2023, growing 116% from the $5.5 billion expected for 2021. 5G deployments have a key role to play here: over 60% of base […]