Things we’re reading today include … What Generation Z Wants From Financial Technology Mobile users warned over dangerous hacker bug that can EMPTY your bank account and ERASE your phone Russia’s Finance Ministry Opposes Central Bank Call for Crypto Ban Russia’s central bank just highlighted 3 valid crypto flaws that U.S. billionaire bulls are ignoring…
Things we’re reading today include … Fintech’s ugly month of losses may offer a ‘fantastic opportunity’ to bargain hunt, say analysts Fintech startup Milo is offering 30-year ‘crypto-mortgages’ Bank of America Says a Digital U.S. Dollar Is ‘Inevitable’ Banks Handed New ESG Reporting Requirements by EU Watchdog US judge rules HSBC, Toronto-Dominion Bank stand trial…
Things we’re reading today include … Bank Pulse: Banks are reducing their exposure to more polluting activities American banks boost EU workforces as post-Brexit scrutiny escalates Bank investors face a new ‘black box’ quandary The unstoppable rise of the challenger bank: Canary Wharf’s retail giants have reasons to be worried Challenger bank Shawbrook enters talks…
This week’s main blog discussions include … A great list of central bank thinking about digital currencies (#CBDC) Madhvi Mavadiya, Head of Content at Finextra, just posted a great list of developments in Central Bank Digital Currencies (CBDCs). She promises to keep it updated and the link is here. It covers every country from Antigua…
Things we’re reading today include: High street banks ‘losing vice-like grip on UK’s current accounts’ Zopa Bank hits £1bn deposits in just 18 months Big U.S. banks say spending patterns show consumers are in good shape Central Banks Face a Moment of Truth on Crypto ECB Climate Test Goes Easier On Bank Trading Books Than…
Things we’re reading today include … Bank-Fintech Partnerships Are Under-Performing: What’s Going Wrong? Lords warn on Bank of England digital currency Price rises may last until 2023, warns Bank of England governor Top Wall Street banks paid out $142bn in pay and benefits last year Wall Street banks eye ‘new normal’ for trading revenue after…
Things we’re reading today include … Brexit Gives €200 Billion Boost to Balance Sheets of Irish Banks Bank of America Says UK CBDC Would Be More Than a Digital Form of Cash SoFi Can Launch Bank Provided It Doesn’t Touch Crypto SoFi stock soars after clearing final regulatory hurdle to become a bank Risk of…
Things we’re reading today include … £4 million-a-year bank chief quits after breaking Covid rules with trips to Wimbledon Santander, Lloyds and TSB ‘have the most unreliable online banking’ Bank of England questioned on the nation’s financial stability Bank of England set for more powers over clearing and settlement House of Lords committee argues no…
Things we’re reading today include: CBDCs: Here’s what every central bank in the world is working on Dorsey fintech firm Block wants bitcoin mining for all Wise stock makes comeback after Citi urged clients to dump fintech Dow closes lower after disappointing bank results Credit Suisse Chairman to Leave After Breaking Covid Travel Rules JPMorgan’s…
This week’s main blog discussions include: How a bank’s IT systems allowed £100m a day of fraud NatWest, formerly Royal Bank of Scotland (RBS), is a good example of a bank with rubbish IT. This was illustrated when I spotted the headline: NatWest fined $300 million for money laundering. They didn’t do the money laundering,…
