Things we’re reading today include: Potential health hazards of cryptocurrency mines laid bare by scientists Commonwealth Bank forced to refund millions of customers | Daily Mail Labour ‘plans to take money from benefit fraudsters’ bank accounts’ as part of crackdown Concerns over Barclays Tesco Bank transfer | The Independent Debt will overshadow IMF gathering as…
This week’s main blog discussions include … Is 2025 Meta’s nemesis year? Thinking about the Big Tech firms, most of them are enabling commerce. Amazon and Apple are building specific structures to make buying and selling easy. But one company is enabling fraud, scams and criminal activities. Meta. Meta runs Facebook, Instagram and WhatsApp, as…
Things we’re reading today include: Donald Trump’s $300M Crypto Venture Faces Backlash (msn.com) Siam Commercial Bank launches stablecoin cross border payments – Ledger Insights – blockchain for enterprise Russia Economy: Moscow Blocking Sale of Western Bank Assets to Local Firms – Business Insider Stripe in talks to acquire fintech startup Bridge for $1B – SiliconANGLE…
Things we’re reading today include … Tesla moves $760M in Bitcoin amid cryptocurrency surge (turkiyetoday.com) UK to raise bank ringfencing threshold to ‘improve competitiveness’ (ft.com) Wall Street hits new highs on better-than-expected bank results | Shares Magazine Bank Stocks Shine While Tech Giants Face Setbacks – Finimize Top 10 Digital Wallets Revolutionising Payments in 2024…
Things we’re reading today include … How did a ‘bank snooping’ scandal ensnare politicians in Italy? | Explainer News | Al Jazeera Fintech App Trap: Enraged Customers Struggle To Cancel Their Subscriptions (forbes.com) Natural disasters wreck FinTech infrastructure, proving cash is still king BaaS is dead, long live BaaS 2.0 – FinTech Futures: Fintech news…
Things we’re reading today include … Revolut takes on Square with payment terminal for larger businesses (cityam.com) Revolut customers say e-money firm failed them after being scammed – BBC News AI amplifies systemic risk to banks: India Reserve Bank boss • The Register How AI and ‘behavioral banking’ boosts FI revenue – Bank Automation News…
Things we’re reading today include … Poorest countries in worst financial shape since 2006, World Bank says | Al Jazeera Westpac outage causes app, online banking to stop working for Australians | Daily Mail Bank of England and FCA joint approach to the Digital Securities Sandbox | Bank of England Farther raises $72m Series C…
This week’s main blog discussions include … Why are fintechs worth more than banks? I just got the latest Finch Capital report on The State of Fintech 2024. Many of us think that fintech valuations and investments have gone through the floor, and this reports make clear that it depends where you are. The UK…
Things we’re reading today include … The FBI made a cryptocurrency to catch crypto scammers (qz.com) TD Bank fined $3bn in historic money laundering settlement – BBC News TSB Bank handed huge fine for failing customers in arrears (cityam.com) Monzo staff to sell shares as valuation soars again to £4.5bn | Sky News Labour’s cosy…
Things we’re reading today include … I am not Bitcoin inventor, says man named in HBO film – BBC News Sectors that are Warming up to Cryptocurrency Payments (cryptotimes.io) The big league: The most funded European fintech companies of 2024 so far – Tech.eu Regulators targeting challenger banks as new fraud rules are introduced –…
