This week’s main blog discussions included … Financial sanctions: a reality check Some friends were applauding Visa and MasterCard’s decision to throw Russia off their payments networks over the weekend. Both companies handle 90% of all debit and credit card payments outside of China – and their announcements will deal another significant blow to the Russian…
Things we’re reading today include … Credit Suisse was caught trying to shred evidence of Russian loans backed by yachts Goldman Sachs and JPMorgan Chase are winding down in Russia Deutsche Bank defends decision not to exit Russia: It’s not ‘practical’ right now Get Ready for a Talent Migration From Banks to Fintech White House’s…
Things we’re reading today include … Russian banks offer yuan accounts as Putin turns to China Use Russian money to rebuild Ukraine, says bank chief Money transfer fintech launches in London to take on Wise and PayPal Which countries are using, launching or piloting CBDCs? Brexit loophole confirmed as cause of new UK-France Sepa bank…
Things we’re reading today include … Russian central bank imposes $10,000 limit on foreign cash withdrawals MPs urge inquiry into bankers jailed for ‘rigging’ rates Scammers use a BANK’S phone number to tell customers their account has been suspended and steal their cash Digital Banking Survey: How Americans Prefer To Bank Inflation to accelerate far…
Things we’re reading today include … Fintech Funding Takes A Tumble Meet The London Fintech That Wants To Be Investors’ One-Stop Crypto Shop Africa’s 2022 Fintech Giants War reactions and recent deals in Ukrainian fintech Russia’s banks turn from global ambitions to survival Deutsche Bank tests IT operation resilience amid potential loss of Russian centre…
Things we’re reading today include … Britain freezes more Russian bank assets than any other country in the world British MPs urge global banks to close Russian offices ‘without delay’ Russian banks rush to switch to Chinese card system Fintech Specialists Predict Ethereum Price Hitting $6,500 This Year Before Rising to $26,338 by 2030 Banks…
The main blog discussions this week include … A SWIFT slap on the wrist During the weekend, there was some real action against Russia and specifically Vladimir Putin. The aim is to freeze Russia’s assets, worth around $630 billion, around the world. ‘A global financial pariah’: how central bank sanctions could hobble Russia The ban…
Things we’re reading today include … Central bank sanctions strike at the foundations of Russia’s economy Russian firms rush to open Chinese bank accounts as sanctions bite Ukraine’s banking system remains resilient despite war, says central bank governor Bank of England’s new logo features ‘nervous’ Britannia and no English flag Bank of England goes ‘woke’…
Things we’re reading today include … Supporting the people of Ukraine: Here are all the fintech initiatives to help Russian banking liquidity shortage widens to 7 trillion roubles, central bank says The Bank Of Russia Is Desperately Trying To Prevent A Run On Banks JPMorgan Is The First Major Bank To Join The Metaverse –…
Things we’re reading today include … Russian banking system ‘on the brink’ as Putin bans cash exports exceeding $10,000 Mastercard and Visa cut off Russian banks from their networks Could Putin be exploring cryptocurrencies to bypass western sanctions? Europe’s fintech finest are fleeing to crypto. Why? Is it time to worry about fintech valuations? More…
