News broke on Monday that Revolut are under review, after their auditing was checked by the Financial Reporting Council (FRC), the regulator of auditors, accountants and actuaries. Revolut’s auditors are BDO and the FRC said that an unidentified “financial services provider” poor audit work had created an unacceptably high risk of errors. Sources have confirmed that the…
This video was dropped the other day by JPMorgan, encouraging young people good with technology to join the bank, instead of a fintech. In case you can’t watch it, here’s the argument. We have $12 billion to spend on tech JPM offers the same challenges as a Google with scale We’re the biggest bank in…
I find the world weird these days. Maybe it’s because I’m a grumpy old man. The flakiness ranges from schemes that are obviously trash to doing extreme activities that my father and grandfather would never have done. Examples? Skydiving, hanging off skyscrapers, diving with sharks, standing by gorillas and such like. Strangely, I’ve done all…
This week’s main blog discussions include … Insuring Hell on Earth So for now this is the last of the guest blogs by Dr. Gail Bradbrook, the co-Founder of Extinction Rebellion. I do hope you have enjoyed something of the challenge, passion and alternative ways of seeing things that Gail has brought (find the others…
So for now this is the last of the guest blogs by Dr. Gail Bradbrook, the co-Founder of Extinction Rebellion. I do hope you have enjoyed something of the challenge, passion and alternative ways of seeing things that Gail has brought (find the others here). I invited Gail to contribute because I feel these difficult…
A colleague at The Financial Times picked out this quote from William Burroughs … … and it piqued my thoughts. Burroughs was a huge inspiration to David Bowie, who is a huge inspiration to me. I’ve read Naked Lunch, where this quote was taken, but they used this quote in relation to ESG. The Naked Lunch author…
I’ve written a lot recently about how technology can make the world a better place (read Digital for Good if you want to know more). It sounds esoteric but there are concrete examples from Alipay’s Ant Forest to Alandsbanken’s Baltic sea card, Green Finance is becoming a thing. So here are six FinTech firms who…
It’s thirteen years since I had the idea of using social media for insider trading. TBH, any media can be used to buck the system. These days we talk about Telegram and Signal, but a few years ago it was Blackberry Messenger and Facebook. Whenever technology develops anonymity, crime will follow. We might look for…
This week’s main blog discussions include … My data is my data Data ownership is a big battleground. Wanna know why? Check this out:* A man calls Pizza hut to order a pizza… CALLER: Is this Pizza Hut? GOOGLE: No sir, it’s Google Pizza. CALLER: I must have dialed a wrong number, sorry. GOOGLE: No sir,…
