Things we’re reading today include … 3 Big Moves in FinTech That Are Dominating News Headlines (finextra.com) Klarna is the only bank among ChatGPT Enterprise launch customers – Fintech Finance (ffnews.com) The Bank of Mum and Dad is dragging down Britain’s economy (telegraph.co.uk) Little evidence of ‘greedflation’ in UK, Bank of England study finds |…
Things we’re reading today include … X (Twitter) Acquires License to Add Crypto Payments (bsc.news) ‘Unpleasant smell’ at bank leaves man hospitalised and nine others unwell | The Independent JPMorgan increases stake in Brazilian digital bank C6 to 46% | Reuters What’s Next for FedNow (August 2023 Fintech Newsletter) | Andreessen Horowitz (a16z.com) CFIT boss:…
Things we’re reading today include … Why real-time transparency could have avoided the SVB bank run | News (fintechnexus.com) Challenger banks need to capture the hearts and minds of consumers – TechNative Commonwealth Bank, Westpac and St George called out over tellers’ cash questions before customer gets revenge | Daily Mail Online UK sees fintech…
Things we’re reading today include … Singapore’s OCBC bank says it is facing technical problems | Reuters UK challenger banks bemoan regulator foot-dragging on model approval | Financial Times (ft.com) More Green Dot Bank customers say they can’t access their funds, causing financial distress (nbcnews.com) Central bank efforts to cool inflation may harm innovation, study…
This week’s main blog discussions include … The best challenger bank in the world? Brazil’s FinTech giant Nubank just crushed its 2Q 2023 earnings. We have never seen growth like NU’s in any challenger bank. In fact, some would claim – including me – that this ten-year-old company is not only the strongest neobank in…
Things we’re reading today include … Nigel Farage blasts bank which allowed serial killer to KEEP her account after HIS was closed because of his political views | Daily Mail Enabling innovation through a digital pound | Bank of England Almost 9 out of 10 of purchase scams now start on social media, according to…
Things we’re reading today include … WhatsApp messages between traders lands bank with £5.4m fine | Business News | Sky News NatWest under pressure to block £11m payout to Dame Alison Rose UK fintech Zopa Bank halves losses (uktech.news) Swedish fintech Klarna booms in Europe as demand up by a quarter in the UK |…
Things we’re reading today include … Major UK bank calls on social media companies to compensate victims of scams | Euronews Government makes biggest payment to Bank of England in history to fund bond losses (telegraph.co.uk) Debanking row hits US as Bank of America shuts down account for Ultra-conservative Christian charity (gbnews.com) SEC fines fintech…
Things we’re reading today include … UK fintech investment drops to $5.9 billion in H1 2023 – KPMG United Kingdom Better, a Fintech Startup Made Famous By Crying CEO, Is Going Public | Observer Slovenia ranked as EU’s most crypto-obsessed country (finextra.com) Who’s Who in Global Crypto Regulation – Decrypt Citigroup boss reportedly considers break-up…
Things we’re reading today include … Dutch poster child Adyen’s stock dips 31% as PayPal and Stripe layoffs send ripples through fintech sector — TFN (techfundingnews.com) Crypto selloff intensifies, with XRP, Litecoin, and Bitcoin Cash among the hardest hit | Fortune Crypto No, Elon Musk didn’t spark the Bitcoin selloff | Fortune Crypto Liz Truss…
