Things we’re reading today include … Wall Street’s Largest Bank Is Banning Business Travel For Unvaccinated Employees Bank Groups Unite Against Biden’s Pick for Key Regulatory Post Bitcoin hits $50,000 as Bank of America says cryptocurrency just in the ‘first inning’ US Bank launches bitcoin custody service as institutions race to cater to crypto demand…
Things we’re reading today include … Early investors in Revolut back London-based fintech Crezco in £3M funding Monzo moves ahead of rival fintechs and narrows gender pay gap Bank of America launches crypto research Can a post office be a bank? Challenger Bank Cheese To Accept Alternative Forms of Identification Qatar Fintech Hub releases report…
Things we’re reading today include … Pandora papers: biggest ever leak of offshore data exposes financial secrets of rich and powerful How London Became a Global Center for Fintech and What U.S. Tech Hubs Can Learn From It Monzo withdraws US banking licence application Bank of America online banking system goes down locking thousands out…
Things we’re reading today include … Digital bank fined by regulator due to weak anti-money laundering controls Central banks lay out operating manual for digital cash Will Regulators ‘De-Bank’ Challengers, Neos, Cryptos & Fintechs? Deutsche Bank to cut Europe branches as it refocuses on wealthy clients Basel reforms to further increase European banks’ capital requirements…
Things we’re reading today include … iPhone users urged to remove Visa from Apple Pay due to dangerous contactless payments flaw iPhone users urged to remove Visa from Apple Pay due to dangerous contactless payments flaw U.K. Shoppers Have One Year to Spend £24 Billion of Old Bank Notes This bank will close its ATMs…
Thing we’re reading today include … Need to call your bank? Many can now dial 159 for safety Metro Bank techies placed at risk of redundancy, severance terms criticised Jamie Dimon says the bank is preparing for a ‘potentially catastrophic’ federal default China Evergrande to sell $1.5 bln stake in Shengjing Bank to state firm…
Things we’re reading today include … ‘If Bitcoin Is Digital Gold, Then Ethereum Is Digital Silver’: Deutsche Bank Early Spotify investor Dragoneer in talks to back $10bn digital bank N26 Barclays app and online banking down as customers unable to make or send payments Tension mounts as Monte dei Paschi di Siena nears its end…
Things we’re reading today include … IMF chief denies trying to boost China in World Bank rankings Central Banks Turning Slowly in Ending Pandemic’s Easy Money Era Bank Australia suffers outage, leaves customers stranded for hours ‘India needs at least 4-5 more banks like SBI’ Evergrande Was Credit Suisse «One-Bank» Client New bank with multiracial…
This week’s main blog discussions include … Branches, cash and cards? Get out of here! I’ve been presenting and writing about the end of branches, cash and cards for twenty years: 2007: Bank strategies are fundamentally flawed – design around IP, not branches To be clear, I’m not saying they’re dead. I’ve been saying their…
