Things we’re reading today include … Judge rules computer scientist not Bitcoin inventor – BBC News Swedish central bank calls for legislation to protect cash (finextra.com) First Manx bank note breaks record by selling for £24k at auction – BBC News From finance hub to fintech oasis: Why fintechs are flocking to the UK –…
Things we’re reading today include … Stripe reveals it passed $1 trillion in total payment volume in 2023 (cnbc.com) Global Payment Processing Solutions Market to Reach $161.9 Billion by 2030 – FinTech Futures: Fintech news With Fintech Funding Down 70%, Here’s What 11 Big Startups Are Worth Now (forbes.com) Prosecutors Say Credit Suisse Client Dan…
Things we’re reading today include … The Fintech Files: Scandals that shook the sector (fnlondon.com) With bitcoin hitting new highs, it’ll likely reach the US$100,000 milestone before 2024 is out (theconversation.com) Bank transfers could take four days under new fraud laws (telegraph.co.uk) Commonwealth Bank app crashes leaving millions of Aussies unable to access their own…
Things we’re reading today include … Deutsche Bank’s new top engineers are AI specialists and Meta alumni (efinancialcareers.com) Silicon Valley Bank one year on: Is another banking crisis around the corner? (cityam.com) Fintech-Bank Partnerships: Three Strategies for Seamless Integration and Lasting Impact | Fintech Nexus Fintech is sold as the answer to Africa’s problems, but…
Things we’re reading today include … Revolut investor slashes $5bn off valuation (telegraph.co.uk) ‘Banking as a Service’ startup Griffin raises $24M as it attains full banking license | TechCrunch Apple, HSBC Join Global Ministers at London Summit Against Fraud – Bloomberg Labour says it will use state bank to fund female-led businesses | Women in…
This week’s main blog discussions include … Introducing the Dimonsaur For the past decade, Jamie Dimon has regularly been decrying bitcoin as a scam. Here’s a few of his quotes: Jamie Dimon tells Davos that Bitcoin is a ‘pet rock’ that does nothing—except help with fraud and money laundering Jamie Dimon lashes out against crypto:…
Things we’re reading today include … So much for the challenge from ‘challenger’ banks | The Guardian Monzo bank in money laundering rules investigation – BBC News Nationwide’s Virgin Money takeover shows how incredibly difficult it is for mid-tier banks to take on the big four lenders | Sky News From start-up to unicorn –…
Things we’re reading today include … Fed likely to make ‘material’ changes to controversial bank capital proposals, Jay Powell says (ft.com) New York Community Bank shares double after it announces vital $1 billion investment and new leadership – rebounding from a 40% plunge earlier in the day | Daily Mail Report: European climate fintech startups…
Things we’re reading today include … Stop Bank Spying — Big Brother Watch US banks abandon ‘bare minimum’ environmental standards project, alarming climate groups | The Guardian Revolut UK CEO Says London’s Role as Fintech Hub Under Threat – Bloomberg Monzo secures $430m from CapitalG and others, valuation hits $5bn – FinTech Global Bitcoin: what…
Things we’re reading today include … Why we’re fighting to keep London first for fintech | Evening Standard Top fintech chiefs join Innovate Finance ‘Unicorn Council’ (finextra.com) Dutch fintech Bunq moves top exec to UK to lead post-Brexit return (fnlondon.com) European Central Bank sees supervisory boost from generative AI – Thomson Reuters Institute Starling Bank…
