Things we’re reading today include … UK Finance response to Bank of England discussion paper on Innovation in money & payments CFPB Releases Final Open Banking Rules: Key Takeaways for Fintech Companies US regulators must take reins on fintech oversight – bank associations Why Leading US BNPL Fintech Affirm has Staked UK Claim | FinTech…
Things we’re reading today include … Are challenger banks too ‘fun and friendly’ to really win our trust? | The Drum British fintech founder who moved to U.S.: U.K. tech’s problem isn’t taxes—it’s ambition | Fortune Europe From Code To Conscience: Humanities’ Role In Fintech’s Evolution 1 in 3 Brits Report Mental Health Struggles Due…
This week’s blog discussions include … Banks make millions from the most vulnerable As mentioned, I’m dealing with my mother’s financial affairs as she reaches end of life, and I’m finding it incredibly frustrating. The process is that there first needs to be a Power of Attorney in place. Luckily, she saw that coming and…
Things we’re reading today include … Banks’ use of AI could be included in stress tests, says Bank of England deputy governor World’s Safest Banks 2024: World’s Biggest Banks | Global Finance Magazine Lloyds shareholders could take £1bn hit over car finance crisis | Lloyds Banking Group | The Guardian BIAN launches latest version of…
Things we’re reading today include … Cryptocurrency payments have become a reality Reddit has sold most of its cryptocurrency portfolio – MarketWatch Cryptocurrency firm founder pleads guilty to fraud after novel FBI probe | Reuters Mandelson and Schwartz leave troubled fintech Bank of London Bank specialisation and zombie lending | CEPR UBS profits beat forecasts…
Things we’re reading today include … Nearly half of fintech founders mull leaving UK ahead of crunch Budget Former bank boss in Latvia jailed for ordering killing of whistleblower Cryptocurrency promoters on X amplify China-aligned disinformation ‘Pig butchering’ scammers targeting job seekers with cryptocurrency fraud – Intelligent CISO Reeves to make Bank of England put…
Things we’re reading today include: JP Morgan sues customers over viral cheque fraud – BBC News JPMorgan’s Dimon on Regulation: ‘It’s Time to Fight Back’ Bank of England presses on with retail CBDC to plug bank innovation gap HSBC profits jump as banking giant set for major shakeup – BBC News INSIGHT: Why huge flaws…
Things we’re reading today include: Bank of England to press on with digital currency in case banks fall short, Bailey says | Reuters The future of money and payments – speech by Andrew Bailey | Bank of England US moves towards open banking as financial data rights rule finalised “Open banking” rules issued, requiring data…
This week’s main blog discussions include … The Lloyds Bank Turd If you’re having breakfast or eating right now, please do not read this blog entry. I really didn’t want to write this blog, but it’s too irresistible to ignore. In fact, I cannot believe I haven’t seen this before as, the other day, guess…
Things we’re reading today include … Santander will have a full-service digital bank in US by end-2025, chair says | Reuters Kidnapped for crypto: 4 men flew from Florida to Portland, tied a man to a post before stealing his cryptocurrency, feds say On cryptocurrency, 63% of US adults not confident it’s safe, reliable |…
