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Things worth reading: 16th February 2024

Things we’re reading today include … JPMorgan sued by chief executive of fintech it co-owns (ft.com) At least six Australian banks hit by network outages including Ubank and Bank Australia | Banking | The Guardian European banks are challenging the challengers (finextra.com) Stolen Face ID scans used to break into bank accounts • The Register…

Things worth reading: 15th February 2024

Things we’re reading today include … Monzo reaches nine million customer milestone (finextra.com) Commonwealth Bank chief executive Matt Comyn makes shock cash confession | Daily Mail Standard Chartered needs drastic action, not diplomatic polish (ft.com) How investors can hold greenwashing banks to account — The Bureau of Investigative Journalism Zain Launches Innovative Fintech App Offering…

Things worth reading: 14th February 2024

Things we’re reading today include … Kanye West says he was two months away from bankruptcy after losing ‘$2billion in one day’ over anti-Semitic outbursts| Daily Mail Belgium central bank chief: Going green won’t make you richer – POLITICO The Bank of England gambled with your money — and lost – UnHerd How the Bank…

Things worth reading: 13th February 2024

Things we’re reading today include … Speech: the state of banking today – by Andrew Bailey | Bank of England Paytm: Rockstar Indian fintech start-up faces serious crisis – BBC News Maybe we’ll finally see a fintech IPO in 2024 | TechCrunch Revolut launches eSIM, a seamless way to avoid unexpected roaming charges (ffnews.com) More…

The Finanser’s Week: 4th February – 11th February 2024

The main blog discussions this week included … Do you need to be a bank in real life to be a bank in virtual life? Vitalik Buterin, the guy who created Ethereum cryptocurrency and smart contracts, blogged the other day about what happens when AI and blockchain collide. Funnily enough, that’s the theme of my…

Things worth reading: 9th February 2024

Things we’re reading today include: Santander goes to war over Nationwide attack on high street banks ‘Trendy’ Monzo now feels like a children’s bank – I’m leaving for Barclays (telegraph.co.uk) JPMorgan Survey Shows Over Half of Institutional Traders Don’t Want Crypto Exposure (coindesk.com) Fintech engineer grounded by crypto fraud caper • The Register Group pretends…

Things worth reading: 8th February 2024

Things we’re reading today include: ‘I lost my house, I lost all my money’: the retiree taking on the banks over crypto fund loss | HyperVerse | The Guardian Minister warns over a ‘computer says no’ stance to buy now, pay later (msn.com) Burnley’s Bank of Dave nominated for Hollywood award | Lancashire Telegraph Regulating…

Things worth reading: 7th February 2024

Things we’re reading today include … JPMorgan analyst praises $60 billion growth of this crypto asset class – TheStreet Fintech investment in crisis but London remains ‘European capital’ (cityam.com) DBS: Singapore’s biggest bank cuts executive pay after outages – BBC News Chase to OPEN 500 bank branches with ‘living rooms and libraries’ under a new…

Things worth reading: 6th February 2024

Things we’re reading today include … Residents warned about crypto investment scams after one victim loses nearly $5m| The Guardian Why crypto exchange Kraken’s security team lives in the shadows (fnlondon.com) PayPal launches the first FinTech stablecoin (PYUSD) (businesscloud.co.uk) Enterprise fintech market may reach $20 billion by 2030: report – The Economic Times (indiatimes.com) Y2K23’s…

Things worth reading: 5th February 2024

Things we’re reading today include … Customer data access and fintech entry: early evidence from open banking | Bank of England Letters: The Bank of England is losing credibility under Governor Andrew Bailey (telegraph.co.uk) Bank of America pays CEO Brian Moynihan $29m, down 3% (fnlondon.com) Iraq bans 8 local banks from US dollar transactions |…

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