Things we’re reading today include … The Race for 650 Million Virtual Bank Accounts Does Greed Drive Deutsche Bank And Other Banks Not To File Suspicious Activity Reports? 885 Million Records Exposed Online: Bank Transactions, Social Security Numbers, and More HSBC plans retail wealth headcount boost; eyes Singapore expansion Global Payments buys TSYS in $21.5bn…
Things we’re reading today include … ‘I replied to a genuine [Metro] bank tweet and lost £9,200 to a fraudster’ China’s First Bank Seizure in 20 Years Spooks Investors Monzo on track to hit 3m customers as CEO admits the bank ‘fluffed’ the launch of its premium card The ethical hackers taking the bugs to…
The main blog headlines are … When will the FinTech bubble burst? Reading about FinTech unicorns and pizzas worth $80 million, you would think that the world was bubbling over with wealth. FinTech investments last year peaked at over $110 billion, more than double the year before, and IPOs for firms like Uber and WeWorks…
Things we’re reading today include … The Bank of England’s influence is ‘draining away because of its obsession with Brexit’ JPMorgan Chase cuts ties with Purdue Pharma over alleged role in opioid crisis Deutsche Bank shares slump further as fallout from bad press continues Morgan Stanley and Goldman Sachs: the kingpins of tech IPOs High…
Things we’re reading today include … Barclays and Santander customers suffer most service disruptions: where does your bank rank? Fraudsters are stealing £674 per MINUTE in ‘out-of-control’ bank transfer scams Deutsche Bank Says Software to Detect Money Laundering Had a Bug Facebook and City banks among highest-paying UK firms Big banks’ grip on tech IPOs…
Things we’re reading today include … FinTech Expert Chris Skinner Reveals Keys to Becoming a True Digital Bank Americans Don’t Want A ‘Digital’ Bank Kard is a challenger bank for teens Even the banking giants will have to embrace crypto and blockchain Tesco Bank to pull out of mortgage market TransferWise co-founders sell part of…
Things we’re reading today include … Bank Stress Tests Are Getting Less Stressful ABN AMRO signs on Accenture and ING Bank for its blockchain inventory platform London is still the UK’s golden goose – and that needs to change | Jack Brown Wirecard document points to reliance on 3 partners Cryptocurrency scams triple in a…
Things we’re reading today include … Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System Eye on lira, Turkey abandons plan to tap central bank reserves Bank of England built up Brexit war chest to avert possible sterling crisis Why Goldman Sachs should buy Deutsche Bank Deutsche Bank denies report it prevented Trump transactions…
The main blog headlines are … Five phases of FinTech (2005-2027) Three years ago, I blogged about three phases of FinTech. Three years later, I can expand on that theme and talk about five phases of FinTech. The five phases of FinTech are (dates are rough guide): Disruption (2005-2014) Discussion (2014-2017) Partnership (2017-2022) Integration (2022-2027)…
Things we’re reading today include … Lloyds to start paying quarterly dividends Bitcoin extends losses, down more than 20% to below $6,300 Top banking regulator stresses UK should not be ‘rule taker’ post-Brexit Mifid II critics are not seeing the big picture Metro Bank got there eventually, but this story is not over yet Fundraising…
