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The Finanser’s Week: 22nd June 2020 – 28th June 2020

The main blog headlines are … Is FinTech getting it wrong? Focus on needs and wants A friend of mine, Alessandro Hatami, wrote an interesting piece on Sifted that I shared in my news yesterday. He claims that neobanks like Monzo and Starling are not reinventing banking at all. They’re just modifying and improving it….

Things worth reading: 26th June 2020

Things we’re reading today include … US Treasury sent $1.4bn of pandemic aid to dead people The IMF downgrades its global growth forecasts How Wirecard fooled most of the people all of the time Reserve Bank warns of 25% GDP loss by 2100 unless action taken on climate change Inside Wirecard Wirecard: Scandal-hit firm files…

Things worth reading: 25th June 2020

Things we’re reading today include … Zopa granted full banking licence Bank staff accused of ‘interrogating’ and turning away pensioners who travelled miles, claiming their visits weren’t essential Britain nearly went bust in March, says Bank of England 3 APIs That Could Revolutionize Banking Banks: back to the office SoftBank: what goes around, comes around

Things worth reading: 24th June 2020

Things we’re reading today include … Wirecard: Former boss arrested over €1.9bn scandal Twitter apologises for business data breach White household income in UK 63% higher than black households, ONS finds ‘You can’t pay cash here’: how our newly cashless society harms the most vulnerable New Zealand seizes £72m of assets from alleged Russian cyber…

Things worth reading: 23rd June 2020

Things we’re reading today include: Dear Monzo, Starling and co; We’re still a long way off the perfect neobank Wirecard crisis looms large over Europe’s fintechs How banks are planning to bring staff back to the office Big tech expected to shake up wealth management industry The new face at the FCA needs to keep…

Things worth reading: 22nd June 2020

Things we’re reading today … … are all about Wirecard … Wirecard versus The Financial Times: a FinTech poster child on trial Wirecard’s Missing Billions Forces Out CEO, Panics Lenders Why was Frankfurt so blind for so long about Wirecard? … and a few other things … ‘Having my identity stolen cost me £10,000’ Tokyo…

The Finanser’s Week: 15th June 2020 – 21st June 2020

The main blog headlines are … This is no Black Swan (Part Two) I was having a bit of ding-dong over my article about the coronavirus pandemic being perfectly predictable and not a black swan. There are many who believe the reaction to the pandemic is a black swan, as in the lockdown of Planet…

Things worth reading: 19th June 2020

Things we’re reading today include … European Central Bank hands out 1.3 trillion euros in loans Wirecard shares slump over missing €1.9bn To understand the new wave of small investors, look to China The successes of the Fed’s dollar-swap lines Barclays, HSBC and Lloyds among UK banks that had links to slavery Bank of England…

Things worth reading: 18th June 2020

Things we’re reading today include … Visa predicts ‘permanent’ shift in consumer spending habits Commerzbank fined £38m by UK watchdog for money-laundering failings HSBC to press on with 35,000 job cuts Coronavirus: Money printer hopes virus crisis boosts demand for fresh bank notes Dollar and yen gain on worries about virus and economic outlook UK…

Things worth reading: 17th June 2020

Things we’re reading today include … Banks ‘could share branches’ in bid to rescue access to cash Visa hails ‘permanent’ shift in consumer spending habits Banks must treat debt-laden firms fairly to avoid replay of 2008, says FCA chair New trials planned for cash-stricken communities UK Finance boss resigns as Amanda Staveley high court case…

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