Things we’re reading today include … JPMorgan Chase Nearing Deal to Take Over Apple’s Credit Card From Goldman Sachs (linkedin.com) Cybersecurity emerges as key driver of FinTech growth worldwide (ibsintelligence.com) US regulator proposes strengthened rules for banks working with fintechs | Reuters A Move Away From Oil and Gas: Fintech’s Role in a More Diversified…
Things we’re reading today include … European governments offload €16bn of bailed-out bank stocks (ft.com) Top commercial lenders join G7 central bank-dominated digital currency trial | Reuters Metro Bank to cut hundreds of jobs as it pushes ahead with its £80m cost-cutting plan | This is Money Kearney: Digital-Only Banks Disrupt Loyalty in European Banking |…
Things we’re reading today include … Harvard Business School Spotlights DBS Bank’s AI Journey in New Case Study – Fintech Singapore (fintechnews.sg) Thought Machine boss backs London listing for $2.7bn fintech (cityam.com) Nubank Removes Nucoin Trading Capabilities as it Steps Away From Cryptocurrencies | The Fintech Times Why are Indian banks underperforming? (newindianexpress.com) Monzo vs…
This week’s main blog discussions include … What does Kamala Harris think of crypto? It seems weird to debate a US presidential election based on attitudes towards cryptocurrencies but, as previously blogged, Donald Trump is very pro-crypto. His attitude turned with NFTs of his image. Nothing like narcissism. Back then, I was blogging about Donald…
Things we’re reading today include … Bank of England makes ‘substantial amendments’ to Basel package (cityam.com) Investment firm caps work hours for junior staff at 80 a week after outcry over young banker’s shocking death | The Independent Chinese banking giant’s London HQ targeted by cybercriminals, threatening to leak millions of files | TechRadar New…
Things we’re reading today include … Innovation may slow amid bank-fintech partnership scrutiny: analysts | Banking Dive UK fintechs warn tax hike could undermine global fintech status – The Banker FIS draws fintech startups into accelerator | Payments Dive New bill introduced in Parliament to clarify crypto’s legal status – GOV.UK (www.gov.uk) Cryptocurrency-Linked Scams Surge…
Things we’re reading today include: FBI: crypto fraud losses hit USD 5.6 bln in 2023 – ThePaypers Pulse of Fintech (kpmg.com) Full implementation of Open Banking roadmap paves way for UK’s financial tech evolution – FinTech Global Metro Bank to cancel all its customers’ credit cards today | Express.co.uk JPMorgan stock slumps as interest income…
Things we’re reading today include: Swedish fintech unicorn Klarna faces money laundering probe as it prepares for IPO – AML Intelligence Australia’s Judo Bank Goes Live with Thought Machine’s Vault Core | The Fintech Times HSBC considers cost-cutting merger of commercial and investment banking units (ft.com) Bank of London resolves tax payment glitch, raises funds…
Things we’re reading today include … The Bank of London reveals £42m fundraise days after winding-up order (cityam.com) Russia Economy: Banks Say Nation Depleted Yuan Stash As China Pulls Away – (businessinsider.com) Bank bosses brace for Downing Street meeting as windfall tax fears mount | This is Money Stripe-backed fintech warns of over-reliance on US…
This week’s main blog discussions include … The secret sauce of Stripe’s success Your morning coffee purchase travels through 15 countries in 0.3 seconds. It’s not magic. It’s a global network of invisible digital pipes and two college dropouts saw their world-changing potential. Two brothers. Meet Patrick and John Collison: the architects of our digital…
