This week’s main blog discussions include … Is the fintech bloodbath over? I find it hard to believe that two years ago I was writing about a fintech bloodbath and, two years later, it continues. The drying up of funding, the post-pandemic recession, the way in which the markets were moving from funding to divesting….
Things we’re reading today include … Global fintech investment falls to $51.9 billion in the first half of 2024, says KPMG data | Fortune UK government woos Revolut as fintech favours US for potential IPO (ft.com) Commonwealth Bank to stop financing fossil fuel companies that don’t comply with Paris climate goals | The Guardian ‘Best…
Things we’re reading today include … Mastercard and MetaMask Team to Launch Crypto-to-Fiat Card (pymnts.com) Trump Organization to Launch a Cryptocurrency Initiative, Eric Trump Says: Report (coindesk.com) UEFA lands first cryptocurrency sponsor for Champions League – Inside World Football Adyen’s Net Revenue Beats Estimates After Winning New Clients – Bloomberg Half of crypto ads on…
Things we’re reading today include … How female founders can shape the next generation of fintech (convera.com) a16z-Backed Fintech Startup Tally Closes Doors (crunchbase.com) HSBC UK Joins Forces With OPDA to Drive Digitisation in the Home Buying Process (ffnews.com) Challenger bank Oaknorth hands shareholders maiden dividend | Business News | Sky News Commonwealth Bank issues…
Things we’re reading today include … Jordan sues HSBC after losing eye-watering sum in ‘low risk’ investment (msn.com) a16z-backed fintech Tally, which raised $172M in funding, is shutting down after running out of cash | TechCrunch The Growing Influence of Cryptocurrency: A Deep Dive | Harrogate Informer (harrogate-news.co.uk) Beneath the Crypto Currents: The Hidden Effect…
Things we’re reading today include: Why a billionaire financier went to war with Britain’s rarest newt (msn.com) CFTC orders FTX to pay customers $12.7 billion (finextra.com) ClearBank secures Dutch banking license (finextra.com) ‘Stupidity of these people’: Trump team mocked after admitting falling for ‘phishing’ scam (msn.com) How the world’s oldest bank brought a city to…
Things we’re reading today include … Barclays becomes first UK bank to lift cap on bonuses | Barclays | The Guardian Goldman Sachs CIO on How the Bank Is Actually Using AI – Bloomberg Russia legalizes Bitcoin and cryptocurrency mining (cointelegraph.com) What Is Bitcoin’s Layer 2 Full Potential? – TheStreet Crypto-Friendly Bank Ordered by U.S….
Things we’re reading today include … “Terrifying” deepfake video alert – Santander warns fraudsters will use AI | Express.co.uk UK fintech investment hits $7.3bn in H1 2024 – almost triple the amount during H1 2023 – The Accountant (theaccountant-online.com) Piling on capital isn’t preventing bank failures – The Banker Major UK banks now better prepared…
Things we’re reading today include: The bank of Starbucks: Coffee retailer has $1.77 billion in unredeemed gift cards – MarketWatch Big UK banks need to do more to be ready for potential failure, says Bank of England | Banking | The Guardian SEC investigating Wall Street banks over ‘billions’ in lost interest payments (ft.com) Revolut…
