Things we’re reading today include: Alipay+ sees 67% rise in transactions during first week of Euro Championship EU prosecutors launch bombshell corruption probe into former European Investment Bank chief – POLITICO HSBC Leads $250 Million Loan to Fintech Startup FundPark – Bloomberg US Bank Capital Rules: Federal Reserve Floats Weaker Version of Planned Overhaul –…
Things we’re reading today include … Labour-backing boss of UK lender criticises banks ‘subsidised by taxpayers’ | The Independent German bank Baader to launch ‘AI-enhanced’ active ETF (ft.com) Revolut’s $40 Billion Valuation Will Outpace Banks (financemagnates.com) UK bank wants to give people £175 each for free (yahoo.com) FinTech Australia finds open banking use cases rise…
This week’s main blog discussions include … Weaponising bank branch closures The UK has an election in July. The likely winner is the left-of-centre Labour Party, after 14 years of the righter wing Conservative Party. The new leader will be Sir Kier Starmer, a guy described as a “political robot”. Nevertheless, his party has created a…
Things we’re reading today include … Citi Sees AI Displacing More Bank Jobs Than Any Other Sector (yahoo.com) Teens could lose bank accounts and driving licences for snubbing national service, Rishi Sunak says | The Independent Deutsche’s private bank cuts spending on external consultants by 70% (ft.com) Sainsbury’s sells banking arm to NatWest | Business…
Things we’re reading today include … Cryptocurrency Industry is Targeted Most in Deepfake Frauds (asisonline.org) Synapse bankruptcy puts bank-fintech partnerships on notice | American Banker JPMorgan’s Latest Fintech Fight Highlights the Pain of Sellers’ Remorse – Bloomberg National Australia Bank builds ‘customer brain’ using Pega to make digital banking more human (diginomica.com) Four-day week easier…
Things we’re reading today include … Taylor Swift’s London Eras Tour could delay Bank of England rate cut (cnbc.com) UK fintech job vacancies surge as investors flock back to London (cityam.com) Bank of England issues urgent warning to anyone with a mortgage (gbnews.com) HSBC boss knighted despite bank’s controversial links to China (telegraph.co.uk) How do…
This week’s main blog discussions include … What the Finternet? The Bank of International Settlements (BIS), the guys who create the Basel rules and control much of the way the global banking system works, released a paper the other day about the Finternet: “the financial system for the future”. The idea is that all of…
Things we’re reading today include … Trump Says ‘All’ Bitcoin Mining Should Be In The US (forbes.com) NHS chief calls for controls on cryptocurrency gambling after rise in addiction problems (telegraph.co.uk) This new King Charles £5 note sells for £11,000 at Bank of England auction | This is Money Wells Fargo fires workers over fake…
Things we’re reading today include … US widens Russia sanctions in banking crackdown – BBC News Another boost for City as Digital bank Starling plots UK flotation after profits jump 55% | This is Money Grim milestone as number of bank branches to close hits 6,000 today (yahoo.com) 5 Banking Services Gen Z Should Be…
Things we’re reading today include … ‘Consider yourselves challenged’: Monzo CEO takes aim at legacy banks (uktech.news) Co-op Bank: Anger as payments taken twice from business accounts – BBC News World’s top banks ‘greenwashing their role in destruction of the Amazon’ | Amazon rainforest | The Guardian 7 signs you need a new bank (yahoo.com)…
