Things we’re reading today include … Bank competition probe ‘a squandered opportunity’ A million British households are now millionaires – even excluding their houses US warns banks of Swift hacking threat Guy Hands sues Citigroup again over EMI World’s wealthiest people just got 5.2% wealthier PayPal wants to be more than a last resort Will…
Things we’re reading today include … Emirates NBD to create digital-only bank to target young customers McKinsey’s secret $5bn fund in spotlight Hackers target Mark Zuckerberg accounts Elizabeth Holmes’s fall from hero to zero highlights problems of rich lists Bank of England in preparations for potential Brexit British voters succumbing to ‘impulse, irritation and anger’…
Our main stories of this week includes … Regulations, Innovations, Sandboxes and #RegTech So I just attended a really interesting two day meeting that covered all things blockchain, regulations, innovation and more. I’ll blog about the bits I can in the next few days, and thought I’d start with an overview of the Financial Conduct Authority’s…
Things we’re reading today include … Bank of America worker fired after posting vile racist rant Fed Governors Signal Bigger Bank Capital Requirements Looming PayPal Isn’t a Bank, But It May Be the New Face of Banking Swift threat to suspend weak members Flash the plastic – Bank of England unveils untearable £5 note US…
Things we’re reading today include … Former Zurich Insurance CEO killed himself, says company ‘Sticky’ plastic bank notes could leave shoppers paying twice The bank boss who dreams of abolishing passwords for good What Is a Bank? FOURTH bank hit by SWIFT hackers OakNorth becomes first UK bank to move core system to the cloud…
Our main stories of this week includes … The future of banking, money and finance [Presentation] I’ve been presenting a summary of Digital Bank and ValueWeb for a few months now. It is the story of the origins of moneykind and, as many have now heard the story, I thought it’s about time to share this on the blog. If you…
Things we’re reading today include … Bankers to share desks as part of financial world’s cost-cutting Currency traders told not to lie or cheat – and they must keep chatting to the authorities Prosper Marketplace explores options Bob Diamond’s Atlas Mara stumbles to loss on African growth worries Bankers are now facing their Uber moment…
Things we’re reading today include … Eurozone reaches breakthrough on Greek bailout and debt relief – as it happened SEC probes Alibaba accounting methods, shares dive Baltic Exchange sets sail into $100m takeover talks with Singapore’s SGX TransferWise raises further £18m as it targets small business market Payday loan complaints to financial ombudsman nearly triple…
Things we’re reading today include … Google offices raided in Paris as prosecutors announce fraud probe Government considers seven-day switching service for mortgages Challenger banks accuse watchdog of naivety over big four dominance Clydesdale Bank targets young, cool customers, as Nationwide goes for the old and rich Market place lending: peer to peer pressure British…
Things we’re reading today include … Peer-to-peer lenders will never challenge the banks, says Deloitte It’s not over yet for the cheque Brexit can only damage UK’s financial hub ‘Blockchain could be transformative’ US bank branches defy transactions slump MP urges City regulator to impose caps on overdraft charges Saudi financial crisis ‘could leave oil…
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