Shaping the future of finance
Things we’re reading today include … Regulation Proposals Fail To Calm Swiss Banks’ Worries Sentiment turns hawkish at 12 of 14 major central banks EU banking systems must be integrated Bank of England tests whether CBDCs and stablecoins can work together in a single payment, targeting the SME liquidity gap The 15 fintech startups that…
Things we’re reading today include … The European fintech American dream is being called into question CFIT’s Anna Wallace on Fintech, SMEs and Digital IDs What Bunq’s OCC Rejection Teaches Foreign Fintechs Robinhood UK Users Can Now Trade More Than 50 Cryptos UK parliamentarians question banks over refusal to provide services to crypto firms The…
Things we’re reading today include … European Fintechs Enter US Banking Market Revolut secures French bank licence in Europe expansion OCC rejects Bunq’s bank charter application Robinhood brings zero-fee digital asset trading to UK FCA Scale-up Unit Welcomes ClearScore, Modulr, and Zilch to Boost UK Fintech Growth Banks’ refusal to take on crypto firms risks…
This week’s main blog discussions include … Innovators, Imitators and Idiots Warren Buffett observed years ago that every market eventually sorts itself into three groups: innovators, imitators and idiots. It is deliberately unfair but, like most good aphorisms, it contains more than a grain of truth. The innovators invent something genuinely new. The imitators wait until…
Things we’re reading today include … New ‘digital money’ may not be the banking revolution many expect, says expert How De Novo Branch Expansion Is Reshaping Retail Banking Monzo Business Hits 1m Customers as One in Six UK Firms Bank With it Who stands behind tokenised money? Pleo in crisis: Exec exodus, unhappy staff and…
Things we’re reading today include … FDIC Floats Standard-Setting Body for Banks’ Fintech Partners FBI Agent Charged Over Alleged $1 Million Cryptocurrency Theft Robinhood Secures FCA Registration to Offer Crypto Services in the UK Dubai Duty Free allows cryptocurrency payments for purchases Citi boss Fraser says a UK bank tax would damage London Major banks’ providing…
Things we’re reading today include … Revolut founder Nik Storonsky sued over £300m superyacht sale Andy Burnham faces mounting calls to hit big banks’ windfall tax as HSBC reports £14.5billion profit Bank battle: history suggests Burnham faces fight if he opts for windfall tax Why a decade-old legal saga is still haunting Deutsche Bank Bank…
Things we’re reading today include: HSBC unveils $1bn buyback as profits mushroom on Hong Kong growth HSBC resumes share buybacks as quarterly profit soars to $10.1bn Former Barclays chief Jenkins raises £40m for tech platform 10x Banking Metro Bank profit jumps as it bucks branch closure trend Visa beefs up cybersecurity offerings with $2.4 billion…
Things we’re reading today include … Lloyds Bank to cut £2bn in costs as part of AI-powered strategy Coldcard Bitcoin Wallets Compromised as Hackers Exploit Software Flaw $20B In Cryptocurrency Transfers During World Cup Examined In New Report The State of Digital Identity Verification in Fintech Firms Fintech leaders warn innovation outpaces cyber resilience UK…
This week’s main blog discussions include … PayPal, Stripe and Adyen: three companies, three futures Back in 2021, PayPal was worth around $360 billion. Today it is worth closer to $50 billion. That’s one of the biggest destructions of market value we’ve seen in fintech, and yet it isn’t because the company stopped growing. Quite…
