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Things worth reading: 9th February 2023

Things we’re reading today include: Merge Or Perish: 25 Struggling Fintech Startups How Ant fell into fintech’s middle-income trap Me? A Bank CEO?: First Direct’s boss on his unusual route to the top Nine global banks invest $45 mln in carbon credit platform Hoarding ‘Britcoin’ to be banned over bank run fears under Sunak’s digital…

Things worth reading: 2nd January 2023

Things we’re reading today include … Big Banks Will Show Fintech Who’s the Big Boss How Bank of America achieved a massive comeback from the brink of collapse Banks need financial prod to tackle climate change, warns chief supervisor Retiring Fed President Challenged the Consensus Inside Central Bank India’s $50 billion fintech industry faces a…

Things worth reading: 13th December 2022

Things we’re reading today include … Former FTX CEO Bankman-Fried arrested in Bahamas after U.S. files charges What do flamingos and central bank bosses have in common? US banks named as being among least ethical UK operators US bank branch closures widen social inequality More people turn to banking tools that block them from gambling…

Things worth reading: 13th October 2022

Things we’re reading today include: Cliff edge looms for UK’s financial system UK Market Is So Bad That a Bank Is Willing to Pay to Avoid It Mervyn King: “The Bank of England made a terrible mistake” Australian banks hit with payment transfer outage as RBA blames technical error French bank BNP Paribas acquires London…

What’s your purpose?

I find the world fascinating. Humans are amazing. We just launched the James Webb Telescope to see world’s formed billions of years ago and the Elizabeth Line. Both are engineering projects of immense challenge, and immense cost, as covered by many documentaries. Then I read that Chinese social media celebrates the assassination of Shinzo Abe,…

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…

Things worth reading: May the Fourth, 2021

Things we’re reading today include … Ethereum punches through $3,000 with market cap bigger than Bank of America Central Bank-Issued Digital Coins Seen Co-Existing With Bitcoin Digital Dollar Project to launch five U.S. central bank digital currency pilots UK banks’ support for coal industry has risen since 2015 Paris climate pact NEW REPORT: Bank Use…

Five 2021 technology predictions

I was looking for any decent reports on the big tech trends for 2021 and first of all  stumbled upon an interesting report from 2017. This was for the World Economic Forum, who surveyed 800 experts on their views of the key technologies for the future, and found seven major areas to focus upon: Robots…

Fintech Saudi and Digital Banking

Like most markets worldwide, the Middle East – or is that Western Asia? – has been sorely impacted by the pandemic crisis. Luckily not as much as Europe and the Americas, thanks to strict lockdowns and border closures, but this still creates a new paradigm shift in thinking. A shift towards being truly digital. With many…

Why big banks get bigger (it’s all about Pac-Man)

I’ve spent a long time writing about how bad banks are with technology and digital transformation … but I’ve never said banks will be eaten by technology. So many other companies and industries are destroyed by technology, but banking is not one of them. I laugh when I read about The End of Banking, Banking…

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