Shaping the future of finance
Things we’re reading today include … UK regulators warn banks on use of AI in loan applications Europe’s biggest banks provide £24bn to oil and gas firms despite net zero pledges Why are cryptocurrency adverts taking over the Super Bowl? HMRC seizes NFT for first time in £1.4m fraud case Fintech Roundup: Proptech’s roller coaster,…
This week’s main blog discussions are … A banker responds to Extinction Rebillion’s call I had quite a lot of response to Gail Bradbrook’s post on February 1. It would be too much to share all, but this particular email from a friend (former CxO at a Big Bank) was the most detailed and illuminating,…
Things we’re reading today include … Big Tech’s Next Move? Taking on Big Banks Andrew Bailey attacks Brussels over plans to cut City off from European banks Is the modern, bank-light financial system better than the old one? Bank of Dave gets the Netflix movie treatment Credit Suisse ‘failed to freeze cocaine-smuggling wrestler’s bank account’…
Things we’re reading today include … 17 FinTechs most likely to be acquired in 2022 GoCardless becomes UK’s latest fintech unicorn after $312m Permira-led raise Britons urged to abandon high street banks for apps like Monzo Behind the Scenes of Central Bank Digital Currency Putin ‘will hit US and European BANKS with cyber attacks to…
Things we’re reading today include … European, U.S. regulators tell banks to prepare for Russian cyberattack threat Bank of England failures leave Britain ‘just one shock from recession’ Treasury Official Says Stablecoin Issuers Must be Banks to Ensure Security Four in ten people have had same current account for more than 20 years Spanish pensioner…
Things we’re reading today include … UK-based financial tech firms won sevenfold funding rise last year to $37bn Fintech startup Railsbank seeks to raise $100M Intesa Sanpaolo to launch digital bank with four million existing clients Perfecting ESG disclosures via the banking book taxonomy alignment ratio The Paradox of the Small Swiss Private Bank Couple…
This week’s main blog discussions include … FinTech’s growing pains and toxic cultures I find it interesting reading the articles about toxic cultures at Revolut. If you Google “Revolut Culture”, the second search item is this one: “You’re nothing but a number to them with dollar signs attached.” That’s how Revolut, one of the fastest…
Things we’re reading today include … Crypto Worth Over $320 Million Taken in Wormhole Hack How India Is Emerging As The Crypto Capital Of The World Fuelled By Increasing Demand “I was sexually harassed in a bank. I wish I never reported it” Russian central bank registers nation’s first digital asset manager Barclays plans to…
Things we’re reading today include … The impossible choice facing central banks Janet Yellen Says Higher Bank Capital Rules for Climate Risk Are ‘Premature’ Joe Biden’s nominee for top Fed watchdog signals tough stance on banks Digital Bank Monzo Officially Lands in US PayPal Admits 4.5 Million Accounts Were Illegitimate As Fintech’s Fraud Problem Grows…
