Things we’re reading today include … Ripple Will Launch Dollar-Pegged Stablecoin (pymnts.com) Clearbank reports first annual profit as deposits double and customers boom (cityam.com) Goldman Sachs’s UK gender pay gap widest in six years (ft.com) Chinese fintech Ant Group targets global growth without Jack Ma (ft.com) At Indonesia’s biggest bank, customers’ savings can vanish with…
Things we’re reading today include … The EU wasted €60M on a pointless fintech fad — but the Belgians won’t let it die – POLITICO Scayl comes out of stealth with its “fintech for fintech lenders” and €100M funding – Tech.eu Bitcoin Is Soaring This Year. This Goldman Sachs Skeptic Isn’t Biting. – WSJ Deutsche…
Things we’re reading today include … Citi report reveals 42% of energy clients lack climate transition plans – FinTech Global Pastor created ‘worthless’ cryptocurrency targeting Christians to support ‘lavish lifestyle’: Authorities – ABC News (go.com) Bitcoin prices fall more than 7% as cryptocurrency market expected to remain volatile – UPI.com Lloyds Banking Group invests £3…
Things we’re reading today include … Bank of England investigating claim Metro Bank put customers’ data at risk | The Guardian Are global bank capital rules possible? | The Asset Rakuten Could Combine Bank and FinTech Operations (pymnts.com) Pairing cryptocurrency mining with green hydrogen could boost deployment of renewable energy – MINING.COM Swiss banking giant…
This week’s main blog discussions include … Wouldn’t it be wonderful if the oldest bank in the world became the newest? I’m working with a cryptobank start-up, and we’re looking at options for licensing. Various countries have various attractions, with some more attractive than others. I won’t go into the nuances of the details as…
Things we’re reading today include … Cryptocurrency prodigy Sam Bankman-Fried may get 40-50 yrs in jail for $10bn fraud – Firstpost French fintech ditches remittances in favour of DeFi (finextra.com) Bulgaria’s Paynetics acquires UK neobank Novus – FinTech Futures: Fintech news UK Treasury staff worked at Chinese bank accused of communist links – BBC News…
Things we’re reading today include … Barclays bank payments restored after app went down in outage – BBC News Generative AI’s Rise Adds to US Bank Uncertainty – Bloomberg Ethiopia’s CBE bank recovers $10m taken during technical glitch – BBC News fintech: Fintech is making global payments its business – The Economic Times (indiatimes.com) The…
Things we’re reading today include … Irish fintech investment plunges 94% amid global decline, KPMG says – The Irish Times Amid Fintech Slowdown, Goldman Sachs-Backed Startup Considers Sale (forbes.com) Is Chime Ready For An IPO? It Has More Primary Customers Than Chase (forbes.com) SWIFT planning launch of new central bank digital currency platform in 12-24…
Things we’re reading today include … EU Anti-Money Laundering Laws Ban Provision of Services for Anonymous Cryptocurrency Accounts – Regulation Bitcoin News Solana blockchain overrun with racist memecoins in latest cryptocurrency trend | Mashable Atom Bank boss on growth, IPO and ‘dying breed’ of high street challengers (cityam.com) The big bank backlash! Why more and…
The main blog discussions this week include … The Dunning-Kruger effect, as inspired by a bank robbery I had never heard of the Dunning-Kruger effect until the other day. Inspired by a bank robbery, Professor David Dunning worked out that people sit at opposite ends of a spectrum of confidence. Some are hugely confident and…
