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Things worth reading: 1st October 2021

Things we’re reading today include … Digital bank fined by regulator due to weak anti-money laundering controls Central banks lay out operating manual for digital cash Will Regulators ‘De-Bank’ Challengers, Neos, Cryptos & Fintechs? Deutsche Bank to cut Europe branches as it refocuses on wealthy clients Basel reforms to further increase European banks’ capital requirements…

Things worth reading: 30th September 2021

Things we’re reading today include … iPhone users urged to remove Visa from Apple Pay due to dangerous contactless payments flaw iPhone users urged to remove Visa from Apple Pay due to dangerous contactless payments flaw U.K. Shoppers Have One Year to Spend £24 Billion of Old Bank Notes This bank will close its ATMs…

Things worth reading: 29th September 2021

Thing we’re reading today include … Need to call your bank? Many can now dial 159 for safety Metro Bank techies placed at risk of redundancy, severance terms criticised Jamie Dimon says the bank is preparing for a ‘potentially catastrophic’ federal default China Evergrande to sell $1.5 bln stake in Shengjing Bank to state firm…

Things worth reading: 28th September 2021

Things we’re reading today include … ‘If Bitcoin Is Digital Gold, Then Ethereum Is Digital Silver’: Deutsche Bank Early Spotify investor Dragoneer in talks to back $10bn digital bank N26 Barclays app and online banking down as customers unable to make or send payments Tension mounts as Monte dei Paschi di Siena nears its end…

Things worth reading: 27th September 2021

Things we’re reading today include … IMF chief denies trying to boost China in World Bank rankings Central Banks Turning Slowly in Ending Pandemic’s Easy Money Era Bank Australia suffers outage, leaves customers stranded for hours ‘India needs at least 4-5 more banks like SBI’ Evergrande Was Credit Suisse «One-Bank» Client New bank with multiracial…

The Finanser’s Week: 20th September 2021- 26th September 2021

This week’s main blog discussions include … Branches, cash and cards? Get out of here! I’ve been presenting and writing about the end of branches, cash and cards for twenty years: 2007: Bank strategies are fundamentally flawed – design around IP, not branches To be clear, I’m not saying they’re dead. I’ve been saying their…

Things worth reading: 24th September 2021

Things we’re reading today include … Goldman Sachs executive who led consumer banking launch set to depart Monzo becomes first major bank to launch buy now pay later scheme – here’s how it stacks up Inflation is poised to top 4%: is the Bank of England asleep at the wheel? Data scandal taints IMF head…

Things worth reading: 23rd September 2021

Things we’re reading today include … Payments giant Nexi says it is working on digital euro with the European Central Bank Biden to Tap Crypto, Big-Bank Critic to Run Wall Street Watchdog Fed to release paper on central bank digital currency soon, Powell says Bank of England’s reputation is at stake in the interest rate…

Things worth reading: 22nd September 2021

Things we’re reading today include … Banks say draft capital rules make cryptoassets too costly to trade ‘We are not a bank – and you can take that to the bank’, says digital banking CEO Cash-strapped Evergrande missed interest payments due Monday The U.S. Is Losing the Global Race to Decide the Future of Money—and…

Things worth reading: 21st September 2021

Things we’re reading today include … Investment Banking Is Cheap If You’re Rich First-time buyers securing mortgages online as bank branches close JPMorgan Chase’s digital bank launch has a good shot at UK success Recognise Bank given green light to become UK’s newest bank DWP are checking your bank account and social media for 7…

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