Shaping the future of finance
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…
The main blog discussions this week include … A new Payment Services Directive, PSD3: what’s in it? In June, the EU put forward proposals for a new Payment Services Directive, PSD3. Having been involved in these developments since their inception in the 2000s, I was intrigued to read the text of PSD3, particularly as the…
Things we’re reading today include … Deutsche Bank to hold crypto for institutional clients | Reuters Cash payments rise for first time in 10 years – BBC News Why the over-regulation of banks needs to stop (fnlondon.com) London fintech bank announces 144 per cent growth ahead of US expansion plans | Bdaily Ant Group’s AI…
Things we’re reading today include … European fintech funding drops 70% in first half of 2023 (thenextweb.com) 2023 “painful” for European fintech but longer-term outlook positive, says leading European VC – Tech.eu European BaaS and embedded finance fintech Swan raises €37m Series B – AltFi US bank reform is going backwards | Financial Times (ft.com)…
Things we’re reading today include … European fintech funding drops as investment discipline returns (finextra.com) Citi spins out its fourth fintech startup, Bridge (axios.com) World Bank spent billions of dollars backing fossil fuels in 2022, study finds | Fossil fuels | The Guardian Metro Bank admits capital relief delayed | Financial Times (ft.com) Deutsche Bank…
Things we’re reading today include … Open banking, shadow banking and regulation | Bank of England JPMorgan CEO Jamie Dimon blasts draft US bank capital rules | Reuters Challenger bank Kroo targets £70m Series C (uktech.news) Is the UK still a hotbed for fintech innovation? | News (fintechnexus.com) Secrets Behind Building a Successful Fintech Company…
Things we’re reading today include … More than 2.2million people live in constituencies with ZERO bank branches | The Sun Barclays seeks climate director after protests over fossil fuel finance | Barclays | The Guardian Net zero and ageing populations risk higher taxes, warns BNP Paribas (telegraph.co.uk) Fintech faces its reckoning: It’s only a matter…
Things we’re reading today include … GFT – Over Half of Americans (58%) Aren’t Happy with Their Banks (ffnews.com) Technological Boom of LatAm: Fintech and Brazil Lead the Change (contxto.com) African fintech space saw 26 acquisitions in last two years – Disrupt Africa (disrupt-africa.com) Visa makes history with solana blockchain integration – The Street Stripe…
Things we’re reading today include: G20 summit to develop roadmap for crypto rules | Mint (livemint.com) Six bitcoin (btc) billionaires in the world, new crypto super-rich report says (cnbc.com) Fintech Market Will Soar To $1T, Crypto Asset Management To Reach $3.1B: New Economic Titans By Benzinga (investing.com) India central-bank chief urges fintech firms to form…
