This week’s main blog discussions include: How a bank’s IT systems allowed £100m a day of fraud NatWest, formerly Royal Bank of Scotland (RBS), is a good example of a bank with rubbish IT. This was illustrated when I spotted the headline: NatWest fined $300 million for money laundering. They didn’t do the money laundering,…
Things we’re reading today include … Britcoin is a ‘risk to stability of the banks’, say Lords Banks Are an Odd Place to Keep Your Crypto Technology Is Only One Piece of True Digital Transformation in Banking Starling Bank tops customer experience ranking as demand for digital banking booms Nordea bank picks former RBS chief…
Things we’re reading today include … Cloud giants may resist Bank of England’s resilience tests Fifth of people not visited bank branch since before pandemic – survey Tandem Bank acquires lender Oplo to hit £1.2bn assets China new bank loans hit record $3.13 trln in 2021, despite drop in December Bank of England urges banks…
Things we’re reading today include … Revolut launches as a bank in 10 Western European countries What’s Behind the Push to Review Australia’s Central Bank? Six banks allow customers to do this one thing which could put them at risk of fraud Inside the world of clearing banks: Is the Bank of London worth the…
Things we’re reading today include … ‘Worrying security flaws’ may expose online banking customers to fraud – Which? The fraudsters breaking hearts – and emptying bank accounts UK fintech sees record investment in 2021 following pandemic slump in 2020 Get the data, from Monzo to Razorpay: The 10 biggest fintech deals of December Israel’s First…
Things we’re reading today include … What are the lessons from history for digital currency? It’s Expensive to Be Poor. This CEO Wants to Reduce ‘Antiquated’ Bank Fees and Wait Times Wall Street banks set to report record profits for 2021 China central bank needs carbon goals in new policies, says ex-IMF lead Starling Bank…
Things we’re reading today include: Bank of England answers, “Why can’t we just print more money?” Bahrain central bank trials JPM Coin Starling Bank boss denounces investors over gender funding gap China central bank launches digital yuan wallet apps for Android, iOS Could China’s north-east be home to its next banking disaster? Arab Bank Switzerland…
Things we’re reading today include … 16 Ways Banks Will Need To Change To Survive Advances In Fintech Bank Fees for Green Debt Surpass Fossil-Fuel Financing Chinese banks cut back traditional lending as concern over economy mounts Stocks Plunge After Fed Minutes Show Central Bank Could Remove More Stimulus Factbox-Trump’s Fed eased bank rules. Now…
Things we’re reading today include … Goldman Says Bitcoin $100,000 a Possibility by Taking on Gold Bitcoin at the Bank: Mainstream Lenders Dabble in Crypto Outside the U.S. BaFin imposes administrative fine on Deutsche Bank Why Some Institutions Dropped ‘Bank’ from Their Brand (and Why Most Shouldn’t) Santa Claus turned out to be Santander Former Swedish…
