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 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…
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 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 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…
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 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 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…
Things we’re reading today include … Is your account safe? Banks issue new sort codes in ringfencing of high street operations China’s bank regulator lets crackdown deadline slip over stability worries Australian bank: Buggy software made us miss money laundering scam Consumer spending suffers longest decline in four years, raising hopes interest rates will be…
This week’s main blog headlines are … FinTech and the world of investment banking Some people talk about FinTech disruption and how payments and banking is being attacked and unbundled by start-ups, but we often look at banking too simplistically. Global banks and investment banks are far more complex creatures than their high street counterparts,…
