This week's main stories are … Have banks made a fatal mistake with Apple Pay? In the good old days, if something was big and challenging, banks would get together and create a co-operative to solve the problem. SWIFT, Visa and MasterCard were all bank created co-operatives. Admittedly, times have changed, but how come they…
Things we're reading today include … Contactless payment cards 'put millions at risk of fraud' Maxwellisation must not stop the HBOS report from being published Martin Wheatley still has 'unfinished business' at financial regulator FCA Financial Times offloaded to Japan’s Nikkei for £844m Lawsuit accuses 22 banks of manipulating U.S. Treasury auctions Visa adds to…
Things we're reading today include … Lloyds shareholders launch £350m HBOS lawsuit The biggest companies in the world in 2015 Under 40s 'cut out of owning homes' Bankers should stop worrying about being liked – they never will be RBS 'to launch new probe into treatment of small businesses' Bank of America replaces CFO in…
Things we're reading today include … The big name banks losing the most customers Citizens Bank profits plunge Challenger banks Handelsbanken and Secure Trust report surge in profits as consumer confidence grows Iran deal offers faint hope for Iranian-American banking woes Banks take on Bloomberg with new instant messaging service Barclays' next chief will have…
Things we're reading today include … Barclays was visited by City watchdog nearly 200 times last year Banknotes to feature all UK nations JP Morgan told to raise $12.5bn more capital Paypal worth $50bn in Nasdaq return Barclays insiders question scope for job cuts New Brics bank launched in Shanghai Greece debt crisis: The euro…
Things we're reading today include … Banks face 'uphill battle' to ringfence high street operations, expert warns Manage, meddle or magnify? China's corporate debt threat Greece debt crisis: Hollande calls for a 'eurozone government' to further integrate member states – but what will it mean for Britain? StanChart CEO Winters grabs reins in management shake-up…
This week's main stories are … Is Fintech really so special? Maybe … or maybe not So everyone’s excited about Fintech, but Fintech is nothing new. Fintech is actually pretty old. I could claim that if Fintech is about providing technology platforms to exchange finance, then that’s been around since banks first implemented technology platforms…
Things we're reading today include … Lord Green of Hurstpierpoint: Ex-HSBC chair says sorry for Swiss and Mexican failures Britain's banks face £40bn bill as a result of George Osborne's extra taxes Sir Mike Rake to leave Barclays Britons are happier with their banks than they have been for years Profits up as JP Morgan…
Things we're reading today include … Apple Pay about to launch in the UK Market Report: JPMorgan puts Just Eat top of its European online stocks London-listed lender hit by crackdown in Poland Lehman creditors' recovery may soon reach $7.8 billion Stock market rout another blow to fading 'Chinese Dream' Bank of England plans to…
This main stories over the past fortnight are … Something better change A true story. The year is 1990 As robo-advisors take over, how do the incumbents respond? Yesterday I said something better change, and it is. This blog has covered extensively how things are changing in payments, retail and commercial banking, but I haven’t…
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