Things we’re reading today include … Crypto and fintech groups fined $5.8bn in global crackdown on illicit money (ft.com) Commerzbank and Deutsche Bank Ressurect Merger Talks (pymnts.com) Will BlackRock Surpass MicroStrategy in Bitcoin Holdings? – Coinpedia Fintech News Ex-boss of China’s state-run bank Everbright arrested on corruption charges | Corruption News | Al Jazeera Fintech…
Things we’re reading today include … Bank valuations could rise by $7 trillion in five years, study finds | Reuters JPMorgan’s annual profit surges to record even as quarterly net income dips | Reuters Bank of America still has an issue with people leaving (efinancialcareers.com) Citi to cut 20,000 jobs, posts $1.8 billion loss in…
The main blog discussions this week include … What’s in store for 2024: The Economy Welcome to 2024! For this first week of 2024, I’m going to summarise the stuff I’ve seen around the PEST landscape. PEST? Politically, Economically, Socially and Technologically. What’s in store for 2024: The Technology I was looking for the top…
Things we’re reading today include … Child Abusers Are Getting Better at Using Crypto to Cover Their Tracks | WIRED Global fintech investment plummeted 48% in 2023, according to new data by Innovate Finance – FinTech Futures: Global fintech news & intelligence Backbase Enters Into an Agreement With Danske Bank to Enhance Its Digital Customer…
Things we’re reading today include: US SEC approves bitcoin ETFs in watershed for crypto market | Reuters Bitcoin: Crypto fans can now invest in exchange-traded funds – but what are they? – BBC News How many banks might ECBitcoin break? (ft.com) The centenary of Natwest’s first railway station bank (ianvisits.co.uk) Bank branch visits plummet as…
Things we’re reading today include … Prediction: These Could Be the Best-Performing Fintech Stocks Through 2030 (yahoo.com) The 15 new fintech unicorns of 2023 and who they hired last year (efinancialcareers.com) Crypto and fintech groups faced unprecedented fines in 2023 – ThePaypers Citi joins £25m Series A for UK fintech Zilo (finextra.com) Technology making up…
Things we’re reading today include … US and UK fintech funding falls sharply in 2023 (finextra.com) HSBC quietly hired from Revolut, Monzo & Wise for new fintech rival (efinancialcareers.com) Bank regulation on capital has made financial system more fragile (ft.com) Barclays bank cut 5,000 jobs in cost-saving drive – BBC News Bank worker wins £490,000…
Things we’re reading today include … Activist slams bank boss for telling buyers to save f… (landlordtoday.co.uk) HSBC reportedly enters race to buy Tesco’s banking business – FinTech Futures: Global fintech news & intelligence Bob Diamond says Barclays should be ‘radical’ on investment bank (cityam.com) Will AI Drastically Impact the Fintech Industry in 2024? |…
This week’s main blog discussions include … Are banks and fintechs partners, competitors or suppliers? Over the past decade+ we have seen thousands of fintechs arise. Many are challenging and disrupting, whilst many more are providing and supplying. What is the role of a fintech? My advice is that fintechs are there to fix the…
Things we’re reading today include … Revolut Growth Buoys Investors After Tough Year for Fintech, Crypto, UK Startups – Bloomberg UK and Switzerland agree to deepen ties between City and Swiss banking system | Financial sector | The Guardian Global regulators make tackling non-bank leverage a priority for 2024 | Reuters Dutch neobank Bunq launches…
