Things we’re reading today include … Retail and digital customers ‘dissatisfied ‘ – which banks rank lowest? Lloyds bank rapped for forcing small businesses desperate for Covid loans to open fee-paying business accounts Chile bank shuts down operations after being hit by ransomware How philanthropy benefits the super-rich When banks step in to save fraud…
Things we’re reading today include … Customers turn their backs on Monzo and Revolut as fears mount over profitability Crime agency under fire over bank signature forgery UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash Equity fund managers dump banks for software stocks Global regulatory body to harmonise ‘plethora’ of ESG…
Things we’re reading today include … Payments are blocked as banks’ new security check becomes a name game Blackstone and Advent pay for Covid-19 tests and taxis to bring staff back to work Thirteen sued for £178m over alleged fraud at London Capital & Finance Ex-World Bank head Robert Zoellick: ‘The world could look like…
The main blog discussions this week include …. Why big banks get bigger (it’s all about Pac-Man) I’ve spent a long time writing about how bad banks are with technology and digital transformation … but I’ve never said banks will be eaten by technology. So many other companies and industries are destroyed by technology, but…
Things we’re reading today include … Phishing scam targets Lloyds Bank customers Citi poached a Goldman MD for one of the hottest tech jobs in banking Atom Bank cuts losses despite collapse of backer Woodford Tandem Bank due for major ‘restructuring’ as it winds down credit cards Tech stocks slide as Wall Street goes into…
Things we’re reading today include … Why can’t I shop online without mobile banking? Bank of England’s Bailey slams EU barrier to investment banking services after Brexit Europe’s FinTech Mafia: Meet The Employees Who Became Founders Swiss regulator escalates inquiry into Credit Suisse spying scandal Head of German financial watchdog resists calls to resign over…
Things we’re reading today include … China’s Mega Banks Post Worst Profit Slump on Bad Debt Wave Warning over six apps that can access your bank account Monzo to introduce new fees for UK cash withdrawals and card replacements Nobody Wants An Online Bank Re-Examining The Role Of Correspondent Banking Australia in first recession for…
Things we’re reading today include … Credit Suisse to set up bank hub in Madrid post-Brexit UK banks convert branches to avoid restaffing big offices Health concerns swirl around Europe’s obese and addicted banks Bank of America Meshes Merrill Into Its Mobile App BDO Unibank: Proving That Digitalisation Is The Best Path To Inclusive Banking…
Things we’re reading today include … Santander hit by online banking outage ahead of holiday weekend ‘Stupid’ Lloyds Bank customer adviser sold over 80 account details for £50 each Banking class of 2020 start their lucrative careers in the bedroom Bank of England to stay in emergency mode until recovery ensured, says governor Bank of…
This week continued the focus upon the challenges for challengers: [Monzo + Starling + Revolut] – Pandemic = The End? Over the past week or two, the neobank and challenger bank sector has been issuing financial reports. If you haven’t noticed: WHERE WERE YOU? Monzo got a particular hammering for warning that the coronavirus pandemic…
