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The Finanser’s Week: 21st August – 27th August 2017

This week’s main blog headlines are … Is Amazon About to Burst Banks? I get press releases all the time and generally ignore them. In fact, I don’t know why they email me, as I never post them on the blog. Uh-oh. I just got one that I’m posting on the blog. Floodgates opening.  …

The Finanser’s Week: 14th August – 20th August 2017

This week’s main blog headlines are … How often does your bank refresh its apps and architecture? I was talking with a few FinTech firms the other day. They are all fully licensed banks, and are less than 15 years old. They all seem to have one thing in common: refreshment. What I mean by…

How Banks and Fintechs are partnering for Financial Inclusion

I received an email the other day pointing my attention to a report from the Center for Financial Inclusion at Accion (CFI), a think tank that engages and challenges the industry to better serve, protect and empower for financial inclusion. I had not heard of CFI before, but their website and content is interesting, especially their new…

Things worth reading: 14th August 2017

Things we’re reading today include … Technology is making banking human again Interview: Matteo Cassina, Saxo Bank – is digital banking the new Big Brother? Gradual steps to control shadow banking problem How US sanctions against North Korea could affect Chinese banks Commonwealth Bank to refund $10 million to customers Commonwealth Bank head to retire…

The Finanser’s Week: 7th August – 13th August 2017

This week’s main blog headlines are … Banks are failing digital due to legacy and leadership (Harvard research) Just found an interesting document from Harvard Business Review with the title: How financial services views the digital agenda. It is the result of research conducted by the Harvard Business Review with the Genpact Research Institute, looking…

Things worth reading: 11th August 2017

Things we’re reading today include … Animal fat to stay in future banknotes, Bank of England concludes Mifid vies with Brexit as City traders’ main problem Co-op Bank’s losses narrow to £135m despite uncertain first half   SEC pushes back on Chinese-led takeover of Chicago Stock Exchange RBS to issue polymer £10 banknote in October…

Things worth reading: 10th August 2017

Things we’re reading today include … I was a trader on the day of the financial crash – this is what really happened ‘Trapped’ consumers miss out on £10m by not switching banks Here’s the ‘snoozing’ giant that could crush bank stocks The 10 rarest and most valuable British coins in circulation ‘We’re going to…

Shape the future of European FinTech regulations

It was interesting to see the release of a discussion paper by the EBA (European Banking Authority) last Friday. As a regulatory body, they have decided that they need to take action on FinTech, and are asking for input on what action to take. The EBA is taking forward work in relation to FinTech and…

Things worth reading: 9th August 2017

Things we’re reading today include … Santander blocked trans woman’s bank account because she ‘sounded like a man’ Why are Britain’s banks blaming customers for online banking fraud? Bank of England covered up failed WW1 loan deal Worldpay agrees £9.3bn tie-up with Vantiv Standard Life chief brushes off outflows as merger edges closer Bank of…

Things worth reading: 8th August 2017

Things we’re reading today include … Tandem app in deal to take over Harrods Bank Lending Club: overbanked Funds target ‘unknown’ stocks as Wall Street cuts analyst jobs Worldpay granted second deadline extension for Vantiv deal Bitcoin soars to record high value Monitise shareholder slams revised £75m offer from American suitor The firms that went…

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