Things we’re reading today include … Eurozone reaches breakthrough on Greek bailout and debt relief – as it happened SEC probes Alibaba accounting methods, shares dive Baltic Exchange sets sail into $100m takeover talks with Singapore’s SGX TransferWise raises further £18m as it targets small business market Payday loan complaints to financial ombudsman nearly triple…
Things we’re reading today include … Google offices raided in Paris as prosecutors announce fraud probe Government considers seven-day switching service for mortgages Challenger banks accuse watchdog of naivety over big four dominance Clydesdale Bank targets young, cool customers, as Nationwide goes for the old and rich Market place lending: peer to peer pressure British…
Things we’re reading today include … Peer-to-peer lenders will never challenge the banks, says Deloitte It’s not over yet for the cheque Brexit can only damage UK’s financial hub ‘Blockchain could be transformative’ US bank branches defy transactions slump MP urges City regulator to impose caps on overdraft charges Saudi financial crisis ‘could leave oil…
Our main stories of this week includes … Social KYC: far easier than passports and utility bills I just received a white paper about Social KYC from Fintech startup Veridu. The idea is to use our social media profiles to authenticate and onboard as a new 21st century KYC process. It’s an interesting idea I thought…
Things we’re reading today include … How much of the UK does the Queen own? Golfer Phil Mickelson embroiled in insider trading scheme VIDEO: Can revamped banking app help blind people? The psychology of money – podcast France airs fears over London Stock Exchange merger with Deutsche Börse Late payment problem? Take it to auction…
Things we’re reading today include … More than 25,000 Madoff victims now eligible for $4 billion fund Why financial regulators are always fighting the last war Bank of England’s chief economist calls for more simple pension system The bank account that gives you a shock London Stock Exchange to wait until after EU referendum to…
Things we’re reading today include … Financial technology start-ups need power of the EU behind them Costs of overdrafts to fall as part of UK banks overhaul Big Four banks benefit from regulator’s featherlight approach Lloyds shares yield £130m for Treasury Chinese bank buys London gold vault Lending Club shares dive on regulatory probe Europe’s…
Things we’re reading today include … US bankers could lose bonuses in clawback plan Lending Club given grand jury subpoena African lenders use mobile phone data Chinese bank buys secret London vault which can store $80bn of gold Failed hack via SWIFT on Vietnam bank tried to send funds to Slovenia: central bank HSBC starts…
Things we’re reading today include … ‘Nearly 1m’ over-75s living in poverty Lending Club: from disruptive outsider to traditional financier Vocalink seeks to cash in with China’s UnionPay deal Rise of the billionaire robots: how algorithms have redefined hedge funds Banks await decision on proposals to cap overdraft charges Revealed: none of Britain’s ‘unicorns’ openly…
Our main stories of this week includes … The African Mobile Revolution, Part One Last week I chaired the inaugural Dot Finance Live conference in Nairobi, Kenya. It is Africa’s premier FinTech event, drawing people from all over the countries of sub-Sahara Africa. What struck me as I listened to lots of keynotes about mobile innovation and…
