Things we’re reading today include … Revolut chair welcomes London listing overhaul as fintech reports record profits (ft.com) Venmo down updates — Mobile payment service hit with global outage as users complain of issues with app | (the-sun.com) Customers of major UK banks hit by pay day delays (yahoo.com) Bank of England stress test reveals…
Things we’re reading today include … Revolut boss confident on UK bank license approval after record profit (cnbc.com) Monzo introduces groundbreaking security features to combat UK fraud rise – FinTech Global The relationship between states and banks that shaped modern finance (ft.com) Fed stress test results surprise by raising bank capital requirements (marketwatch.com) Dutch central…
Things we’re reading today include … HSBC, Nationwide and Virgin Money hit by payment issues – BBC News A fintech collapse is rippling through a small corner of the banking world (yahoo.com) Citi was money launderers’ favourite bank, US law enforcement officials say (ft.com) UAE’s Central Bank Sets New Standards with Open Finance Regulation |…
The main blog discussions this week include … A financial offer to die for I attended a meeting this week presenting a variety of startups and their ideas. All of them were great, but one stood out for me: Fairwill. Obviously playing on the word farewell, Fairwill provides an exit policy for humans … as…
Things we’re reading today include … MiCA laws come into effect in Europe — Here’s what you need to know (cointelegraph.com) ChatGPT-4o builds an ideal $1,000 crypto portfolio for the second half of the year (finbold.com) Digital bank tops list of 100 fastest-growing British businesses | The Independent LoopFX lands £2.6m investment from Augmentum Fintech…
Things we’re reading today include … Revolut engineers who received £80k bonuses in 2019 are now sitting on £600k+ (efinancialcareers.co.uk) Fintechs set for ‘substantial uptick’ in stock market listings as UK investment rebounds (cityam.com) Big banks pass Fed stress test as they fight stricter capital rules (yahoo.com) Central banks urged to keep pace with ‘game…
Things we’re reading today include … Barclays boss says calls for bank to abandon oil and gas are unrealistic (telegraph.co.uk) Gang posts links to ‘juicy bank information’ from Federal Reserve ‘hack’ on the dark web | Daily Mail Online Progress on the preparation phase of a digital euro – First progress report (europa.eu) City boss:…
Things we’re reading today include: Alipay+ sees 67% rise in transactions during first week of Euro Championship EU prosecutors launch bombshell corruption probe into former European Investment Bank chief – POLITICO HSBC Leads $250 Million Loan to Fintech Startup FundPark – Bloomberg US Bank Capital Rules: Federal Reserve Floats Weaker Version of Planned Overhaul –…
Things we’re reading today include … Labour-backing boss of UK lender criticises banks ‘subsidised by taxpayers’ | The Independent German bank Baader to launch ‘AI-enhanced’ active ETF (ft.com) Revolut’s $40 Billion Valuation Will Outpace Banks (financemagnates.com) UK bank wants to give people £175 each for free (yahoo.com) FinTech Australia finds open banking use cases rise…
This week’s main blog discussions include … Weaponising bank branch closures The UK has an election in July. The likely winner is the left-of-centre Labour Party, after 14 years of the righter wing Conservative Party. The new leader will be Sir Kier Starmer, a guy described as a “political robot”. Nevertheless, his party has created a…
