Things we’re reading today include … Timings of Basel 3.1 implementation in the UK | Bank of England Bank of England delays final Basel bank capital rules to July 2025 | Reuters It’s not all doom and gloom, says London fintech chief citing ‘shoots of positivity’ (cityam.com) Fintech loses UK funding crown as VCs bet…
Things we’re reading today include … The Bank’s latest blunder is costing billions (telegraph.co.uk) Europe’s banks helped fossil fuel firms raise more than €1tn from global bond markets | Banking | The Guardian JPMorgan’s UK digital bank blocks customers from buying crypto (cnbc.com) British Business Bank makes £135mn loss as tech valuations drop | Financial…
Things we’re reading today include … Bank of England costing taxpayers eye-watering £24bn to cover huge losses | Politics | News | Express.co.uk Bank of England launches hunt for ‘unconscious bias’ in finance industry (telegraph.co.uk) Coinbase (COIN) Entered Into Bank of Spain’s Crypto Registry (coindesk.com) Are “everything apps” the future of fintech? – Tech.eu Former…
Things we’re reading today include … A crypto firm sent a disability worker $10m by mistake. Months later she was arrested at an Australian airport | The Guardian State-owned British Business Bank makes £147m annual loss – BBC News ‘China’s World Bank’ plans to triple climate change lending by 2030 | Financial Times (ft.com) NatWest…
This week’s main blog discussions include … Can you answer these four questions? It made me laugh. Someone posed the question: what is the hiring process for fintech? After a short thought, my reply was to ask the candidate four questions: What do you think about banks? Define Python for me. Why did Schrodinger have…
Things we’re reading today include: EU bank chief warns against ‘Colonialism 2.0’ as green transition progresses – EURACTIV.com U.S. FSC supports the “Anti-Central Bank Digital Currency (CBDC)” bill – Fintech Org Blog (fintechinfo.org) Bitcoin (BTC) Price Slides as USD, Interest Rates Surge (coindesk.com) Launching a new digital proposition: Lloyds Bank 360 – Lloyds Banking Group…
Things we’re reading today include … Monzo to be leading banking app by 2024 (fintech.global) ‘No proof’ bank accounts being closed over views, says watchdog – BBC News Germany will become the sick man of Europe without change: Deutsche Bank (cnbc.com) Ex-Deutsche Bank Employee Pleads Guilty to Crypto Fraud – Decrypt Fintech giant Ant Group…
Things we’re reading today include … Deutsche Bank struggles with fallout after huge Postbank IT migration | Financial Times Majority of Americans are concerned about bank branch closures | Daily Mail Online Nigel Farage fury as regulator finds no evidence of bank account closures due to political views | Business News | Sky News Revolut…
Things we’re reading today include … Sibos 2023: The era of instant payments – global banks must turn to the latest technology – FinTech Futures Citigroup Token Service Is Bank’s Latest Digital Assets Move – Bloomberg Mark Carney’s attack on Liz Truss has disgraced the Bank of England | The Spectator “The French bank I…
Things we’re reading today include: Bank chiefs relish prospect of AI boost to productivity | Financial Times (ft.com) Liz Truss turned Britain into ‘Argentina on the Channel’, says ex-Bank of England governor Mark Carney | UK News | Sky News Teen becomes ‘accidental multi-millionaire’ after finding £8.9m in his bank account – Daily Star Why…
