Things we’re reading today include … Meet Froda, the unique morph between a tech company and a bank – Maddyness UK Statistical release: BIS international banking statistics and global liquidity indicators at end-December 2023 Royal Bank of Scotland and its sad, sad tale of hopes dashed | The Herald (heraldscotland.com) 3-year-old British fintech Abound becomes…
Things we’re reading today include … HSBC CEO Noel Quinn to Retire in Surprise Announcement – Bloomberg Starling Bank’s SaaS business can be bigger than the bank, says its boss, who has no ambitions to be a future Starling CEO – Tech.eu SoFi reports strong Q1 revenue and profits | Fintech Nexus Top 10 fintech…
Things we’re reading today include … Stripe’s big changes, Brazil’s newest fintech unicorn and the tale of a startup shutdown | TechCrunch Digital bank Monzo expands fundraising to £500m in deal with top tech investor | Business News | Sky News Volt: Meet the fintech taking on Visa and Mastercard’s duopoly (cityam.com) Capital levels are…
This week’s main blog discussions include … I just debanked my bank … before they debanked me There’s a huge furore in Britain about debanking: the process where a bank says we cannot trust you anymore so get lost. It happened to Nigel Farage, a high profile figure, and now it’s happened to me. What…
Things we’re reading today include … Consensys sues SEC over Ethereum crackdown (crypto.news) Stripe Brings Back Cryptocurrency Payments Via Circle’s USDC Stablecoin (coindesk.com) Enhancing fintech programs, empowering innovation | Mastercard Newsroom Walmart-backed fintech One launches ‘buy now, pay later’ services, source says | Reuters Deutsche Bank first-quarter 2024 earnings (cnbc.com) “This way for modern banking”:…
Things we’re reading today include … JPMorgan in U.S-Russia sanctions war after overseas court orders $440M seized from bank (cnbc.com) Chase Bank down as customers say app signing them out and website crashes blocking them from cash – Mirror Online Barclays profit falls as mortgage lending and investment bank squeezed | Evening Standard Swiss National…
Things we’re reading today include … Goldman Sachs becomes latest bank to withdraw from London – The CFO (the-cfo.io) JPMorgan’s Jamie Dimon Has a Tech Rival: Silicon Valley Bank – Bloomberg UK bankers warned of ‘severe losses’ if they fail to monitor private equity exposures | Private equity | The Guardian The Fintech Files: Has…
Things we’re reading today include … Billionaire Mark Cuban Issues Post-Halving Bitcoin Warning Amid ‘Unprecedented’ Crypto Fee Price ‘Chaos’ (forbes.com) HSBC-backed fintech Monese plots break-up amid mounting losses | Business News | Sky News Central banks embark on tokenisation project (finextra.com) Shadow banking collapse would ‘put millions of jobs at risk’ (telegraph.co.uk) Anger in the…
Things we’re reading today include … Brazilian woman arrested after taking corpse to sign bank loan: ‘She knew he was dead’ | Brazil | The Guardian Blair Institute sets out ‘progressive vision’ for fintech (finextra.com) What Is the World Bank, and What Does It Do? (investopedia.com) What is the Bank of England and why does…
