Things we're reading today include ...
UK
(UK's new) ID card hacked, cloned in 12 minutes (Computerworld)
Bank trial offers faster payments to suppliers (Telegraph)
The banks are squeezing small businesses and nobody seems to care
(Telegraph)
Mandelson takes charge and resolves to reject Darling 'defeatism' (Times)
Europe
Documents show how Kaupthing turned a shambles into a crisis
(Telegraph)
Germany still in credit crunch ‘danger’
(Financial Times)
Dueling Plans on Regulation in Germany
(WSJ)
Swiss ministers interrupt summer holidays for special meeting on UBS
(Telegraph)
Biannual information on euro banknote counterfeiting
(ECB)
USA
Will Direct Edge Lose Its Edge?
(WSJ)
The secret history of TARP: How Goldman bailed out Goldman…
(Prison Planet)
Social Finance
The Future of Banking? Deposit Checks via iPhone
(Mashable)
Kids want to own, not stream, their music says survey
(The Next Web)
One Team, Two Twitters Strong
(Wells Fargo/Wachovia)
Facebook acquires FriendFeed
(Financial Times)
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
