Things we’re reading today include … Banks May Need To Replace Executive Suites To Succeed At Digital Zopa steps up digital bank war with fixed term savings account launch Tandem Bank acquires green lending business Rise of the central bank digital currencies: drivers, approaches and technologies China’s Banks Hire Tens …

There are some iconic lines in films. Stop the world, I want to get off. I’m as mad as hell, and I’m not going to take this anymore. Do you want to take the red or the blue pill? I’ll have what she’s having. And, right now, during these lockdown …

Things we’re reading today include … Watch stunning video of galloping black horse being filmed for ‘Lloyds Bank advert’ Digital banks race to turn profit JP Morgan prepares to launch UK digital bank next year Revealed: the banks selling failing Isa funds Why a bank account can be key to …

This week focused upon the challenges for challengers: [Monzo + Starling + Revolut] – Pandemic = The End? Over the past week or two, the neobank and challenger bank sector has been issuing financial reports. If you haven’t noticed: WHERE WERE YOU? Monzo got a particular hammering for warning that …

I saw an article the other day: Top 10 startups offering ‘banking as a service’ in Europe by Silicon Canals. It’s an interesting article that completely misunderstands what Banking-as-a-Service (BaaS) is, as most of the firms listed are companies offering just an API or a few APIs. 11FS did a …

Things we’re reading today include … These banks will raise overdraft charges to nearly 40% next week Silicon Valley Bank hiring bankers in UK despite Covid-19 crisis Can Dubai enter the premier league of financial centres? America’s fiscal federalism is less superior than you might think The links between politics …

Carl Howard asked me to look at the challenger and neobanks we discuss today and those of twenty years ago … Have you ever done a piece comparing Smile, IF and FD with latest challenger banks. The cynic (cynic moi?) in me feels intuitively there’s an interesting story there. — …

Things we’re reading today include … HSBC shoots down Bank of England’s optimism over the economy UK neobank Atom Bank plans to raise £150m via share sale Sajid Javid: Why has the ex-chancellor been allowed to work for JP Morgan? EU regulator’s proposed reforms could damage UK fund sector Apple …

After the last two blogs, various comments highlight other questions, with the commonest one being: will any of these new banks make a profit? The answer to that is yes. Some already are, such as Shawbrook, OakNorth, Aldermore … the ones you hear less about. Monzo, Revolut, N26 and others …

Things we’re reading today include: Bank of England to consider digital currency in key meeting Central banks should not rush into digital currencies Monzo tops latest official banking league table Lloyds’ price target trimmed as analysts disagree on best banks in sector Former Chancellor Javid returns to JP Morgan Norway’s …

Someone asked me about the other challenger and neobanks after yesterday’s blog. I guess we focus upon Monzo, Starling and Revolut, because they are the front-runners. But there’s also Aldermore, Atom, Tide, Tandem, Lintel, Metro, Monese, OakNorth, Zopa and more. Well, I don’t have enough time to write about all …

Things we’re reading today include … Standard Chartered mulling second digital-only bank in Asia Banks step up plans to close branches and cut jobs High Street banks face digital stress as online rivals’ slick software wins over customers U.K. Economic Scars Could Be Deeper Than Bank of England Thinks Best …

Over the past week or two, the neobank and challenger bank sector has been issuing financial reports. If you haven’t noticed: WHERE WERE YOU? Monzo got a particular hammering for warning that the coronavirus pandemic could impact the company as a going concern. Some argue this is just accounting and …

This week’s challenge was created by various tweets between myself and Barb MacLean. She offered to duet with me but, considering I’m here in Poland she’s in Canada, that could be difficult. Anyways, the song we picked was Island in the Stream or, as it is now, Apps in the …

Things we’re reading today include … EU warns City it faces longer wait for market access after Brexit Making billions v making ends meet: how the pandemic has split the US economy in two Who’s in the bigger hole when an ethical investor divests from BHP? Chinese bankers in Hong …