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Things worth reading: 29th January 2024

Things we’re reading today include … Bank locks customer’s account after donation to UNRWA – SKWAWKBOX JPMorgan vs Goldman: How Jamie Dimon’s bank gains from the confidence factor (ft.com) Chime was once valued at $25 billion. What is it worth now? (yahoo.com) Chinese fintech giant Ant Group sets up AI unit led by former Google…

The Finanser’s Week: 22nd January 2024 – 28th January 2024

This week’s main blog discussions include … Old bank fears of regulators is opening massive new markets to their challengers I’ve just been through a very strange process with my main personal bank account provider who, thanks to fear of FCA and crypto, noticed that I had regular payments in and out of my account…

Things worth reading: 26th January 2024

Things we’re reading today include … U.K. to start work on ‘Britcoin’ in preparation for cryptocurrency dominated world | Morningstar Bank of England lays out how Britons can ‘pay the electrician’ using cashless digital pounds (gbnews.com) Bruised by stock market, Chinese rush into banned bitcoin | Reuters UK neobanks need to show sterling qualities, not…

Things worth reading: 25th January 2024

Things we’re reading today include … Colorado pastor says ‘Lord told us’ to pocket $1.3m in alleged crypto fraud scheme | Sky News Bank branch closures to leave 3 million without access to cash (gbnews.com) Bank of America orders workers back to office in remote working crackdown (telegraph.co.uk) Record number of bank customers ditched and…

Things worth reading: 24th January 2024

Things we’re reading today include … Satoshi Nakamoto Will ‘Erase’ Bitcoin (forbes.com) Plaid is Everywhere in Fintech Today | Fintech Nexus Swedish Fintech Klarna Eyes for an US IPO (financemagnates.com) European Central Bank staff slam Lagarde’s leadership in union survey (cnbc.com) US bank regulation needs to enter the digital age (ft.com) Bank of America rolls…

Things worth reading: 23rd January 2024

Things we’re reading today include … The tricky timing behind Citi’s bet on China (ft.com) Sainsbury’s Bank withdrawing from market – what does it mean for you? – Which? News Lagarde rated ‘poor’ by own staff at European Central Bank (telegraph.co.uk) 11:FS hires Jamie Campbell to run new fintech fund and incubator (finextra.com) Innovating Customer…

Things worth reading: 22nd January 2024

Things we’re reading today include … Online pastor charged for ‘worthless’ crypto scam says God made him do it (cointelegraph.com) UK banks prepare for deepfake fraud wave (ft.com) Could Metro Bank be the best value stock to buy right now? | The Motley Fool UK Barclays to shrink investment bank’s share of business, CEO says…

The Finanser’s Week: 16th January 2024 – 21st January 2024

This week’s main blog discussions include: We need banking that is unusual Over the week, I got an update about Revolut and their business model. It was quite interesting although a little bit macro-level. My favourite part is where the Business Model Analyst listed the competitors to Revolut: Monzo: Monzo is a UK-based digital bank that offers features…

Things worth reading: 19th January 2024

Things we’re reading today include … You can apply to be CTO of a $25bn fintech right now (efinancialcareers.com) Deutsche Bank CEO says acquisitions not a ‘priority’ as Commerzbank rumors swirl (cnbc.com) US bank profits shrink on higher deposit costs, one-time charges | Reuters Fraud Reimbursement Costs Are Likely to Rise for UK Banks (fitchratings.com)…

Things worth reading: 18th January 2024

Things we’re reading today include … Bank CEOs, huddled in private in Davos, worry about competition, economy – sources | Reuters UK Banks Brace for New Multibillion-Pound Misselling Saga: Car Loans – Bloomberg Green shoots are back on Wall Street. But banks are being careful about saying it. (yahoo.com) Challenges the fintech industry faces with…

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