Things we’re reading today include … Number of high net-worth individuals soars to an all-time high of 16.5m – collectively worth $63.5tn Wonga loses £65m but insists it is on track to be profitable again Lloyd’s of London faces $4.5bn hurricane bill after profits slide in first half Bank of England at risk from populism…
Things we’re reading today include … P2P lender Zopa set to reopen to new investors HBOS must have known of Reading fraud, Thames Valley PCC says ZhongAn surges in HK debut, boding well for future tech listings Exclusive: Royal Bank of Canada using blockchain for U.S./Canada payments – executive Hundreds of rare British Commonwealth banknotes…
Things we’re reading today include … Use more than one price comparison site, consumers told ‘Crypto’ hedge funds spring up in crowded field Equifax boss leaves after data breach 130 banks to apply for UK licence ahead of Brexit, says Bank of England Lloyds to move 1,000 Scottish Widows staff to outsourcing firm UK personal…
Things we’re reading today include … J Coin: Japanese banks’ virtual currency without the volatility City firms urge free trade agreement for financial services after Brexit Bank of England warns of ‘pockets of risk’ to growing £200bn consumer debt pile Redundancy payout nightmare after bank transfer error sends stranger money Deloitte hit by data breach…
Things we’re reading today include … Voice biometrics to be the ‘front door’ for all ANZ bank contact ABA to facilitate easier bank switching via code Using data analytics and tech in HR What Banks Can Learn From Nokia’s Demise Banks braced for Carney’s verdict on household debts ZhongAn launches insurtech concept to world Royal…
This week’s main blog headlines are … How do you see the world? I was reflecting on an interview about the role and importance of Asian, and specifically Chinese, FinTech when something exploded in the middle of my head. Not literally, of course, although you might have said that, but more an idea that had…
Things we’re reading today include … Fake website fools Equifax staff Challenger bank Paragon restructures as it bids to go mainstream Hack of Wall Street regulator rattles investors, lawmakers Invisible threat ‘Payment by vein’ trialled in supermarket Banks to carry out immigration checks on customers Young shoppers want to pay robots, not humans Co-op Group…
Things we’re reading today include … UK’s high street banks are accident waiting to happen, says report Challenger bank Tandem to buy Harrods Bank – what it means for you Government Considering Bailout Of Russia’s 12th-Biggest Bank 10x, founded by the ex-CEO of Barclays, raises $46M to take on ancient banking infrastructure Lloyd’s of London…
Things we’re reading today include … China orders Bitcoin exchanges in capital city to close Wells Fargo’s lone outsider aims to clean up bank’s reputation Massachusetts sues Equifax as hack concerns spread to Canada Dirty money? Mystery over shredded €500 notes in Swiss sewers Watchdog clears KPMG in HBOS audit investigation Insurers facing big bill…
Things we’re reading today include … Mark Carney says rate rises will be gradual and limited Finger-based payment system begins roll-out US launches criminal probe into Equifax breach RBS avoids forced sale of Williams & Glyn HSBC: We were wrong to predict slide in pound this year South Africa’s tax authority threatens legal action against…
