Things we’re reading today include … Should I switch to a digital-only bank? Massive protest breaks out in China as bank scandal leaves thousands unable to cash out Banks closing branches early to dodge law protecting cash The world’s first fintech sitcom is just what you’d imagine Revolut faces its moment of truth as fintech…
This week’s main blog discussions include … FinTech Forces of the Future, Part One: Economics and Finance I worry sometimes that my writing these days about how finance, technology and ESG combine will alienate many in finance and technology. It shouldn’t, as these two industries hold the keys to the solutions, but it has moved…
Things we’re reading today include … Should I Sell My Crypto? Voyager Bankruptcy Has Shaken True Believers New Zealand central bank warns NAB unit on money laundering Urgent bank warning to thousands of customers as payments ‘disappear’ Fintech Flutterwave has accounts frozen in Kenya amid court probe Can banks benefit from the wave of fintech…
Things we’re reading today include … Goldman Sachs people are quitting en masse for this fintech UK nabs top spot in open banking league table The banks offering hundreds in cash to entice consumers to swap accounts Most Lloyds Bank customers have under £500 in savings as demand for debt services jumps 30%, says boss…
Things we’re reading today include … Will the crypto crash derail the next web revolution? Bank of England warns that economic outlook has ‘deteriorated materially’ Are Africans ready for WhatsApp banking? Bank of America Sees Enormous Decline in Crypto Users How the Emergence of Fintech Paved the way for a Retail Investor Boom eToro and…
Things we’re reading today include … UK banks ‘take Brexit in their stride’ as they outgun French rivals for the first time since 2015 Rakuten shares climb 2% on bank unit listing progress Augmentum Fintech remains bullish on fintech, despite slashing investment Layoffs could signify the fintech bubble is about to burst Higher interest rates…
Things we’re reading today include … Australian bank collapses with thousands of customers told to withdraw funds IMMEDIATELY before it closes all accounts on Tuesday Pensioner disappointed after 3 local bank branches close – ‘No one to actually speak to!’ ECB to discuss blocking banks from multibillion-euro windfall as rates rise How banks can protect…
This week’s main blog discussions included … The neobank era is just beginning Good friend Ron Shevlin sparked off a great debate about neobanks with his snarky column on Forbes the other day. His basic argument is that neobanks are over. A few choice passages: The 10 leading neobanks in the US grew by a little more than…
Things we’re reading today include … Deutsche Bank Sees Bitcoin Returning to $28,000 by Year-End Crypto Loves Its Shadow Banks Volt, Australia’s first online-only bank, shuts down due to fund-raising woes Investment bank fees fall by $24bn as deal boom loses steam Scams up 40 per cent, but don’t expect your bank to bail you…
Things we’re reading today include… Goldman Sachs reportedly warns of $1.2B loss from consumer banking unit WorldRemit becomes latest fintech to slash jobs as outlook darkens Fintech Amount, which was valued at $1B last year, lays off 18% of staff Europe’s banks are priced for economic Armageddon One way to make a huge difference: the…
