Things we’re reading today include … Saudi fintech sector flourishing with over 200 firms now driving innovation: SAMA chief | Arab News FedNow will expose fintech’s gaps: Compliance-by-design can help banks avoid risk | TechCrunch Woke banks rejected Farage – but it was Brussels that let them (telegraph.co.uk) Buyers sought for Signature Bank’s $33 bln…
Things we’re reading today include: Drake-Backed Crypto Casino Stake Loses $40M in ‘Unauthorized’ Transfers – Decrypt This fintech aims to sail where Google Pay sank (the-ken.com) Haldane: Bank of England printed money for too long, and recession’s 50:50 – CityAM FCA warns banks they will ‘act’ if politicians are wrongly denied services | The Independent…
Things we’re reading today include … How fraudsters are stealing ‘BILLIONS’ using chip and pin hack… because banks refuse to admit the scam exists | This is Money UK banks tighten up on work from home | Financial Times (ft.com) China’s largest banks extend billions to Russia as Western lenders exit | Mint (livemint.com) Engineering…
This week’s main blog discussions included … 50 shades of green – is your bank sustainable? I was recently wondering which banks are the most green. Names come to mind like Co-operative Bank (UK), Triodos Bank (Netherlands), Alandsbanken (Finland), MyBank (China), Amalgamated Bank (America) and more, but they are few and far between. Some are…
Things we’re reading today include … UBS breaks record with $29bn profit after Credit Suisse deal | Financial Times The Bank Of London Becomes The UK’s Fastest-Growing New Bank (ffnews.com) How to choose a bank that agrees with your values (yahoo.com) Fintech giant Wise allowed Russia sanctions target to withdraw money (cnbc.com) This Week in…
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…
