This week’s main blog discussions include … European regulation strangulation, part 2 America innovates, China replicates and Europe regulates I often find the maze of European regulations hard to follow and track. It’s ok if you’re tracking one – like that Payment Service Directives and Regulations – but when you’re trying to track many, it’s…
Things we’re reading today include … Metro bucks the bank closures trend with plan to open over 100 new branches $300 Billion Gone! What’s Really Happening in the Crypto Market? Trump supporters lose $12bn as president’s cryptocurrency coin collapses FBI fingers North Korea for $1.5B Bybit cryptocurrency heist • The Register February 2025: Top five…
Things we’re reading today include … Almost $1 Trillion Loss Rocks Crypto as Trump Excitement Wanes Lloyds Bank overstated interest-bearing deposits to BoE by £44bn Metro Bank sells personal loan book in switch to specialist lending 84% of bank customers would switch for AI-powered insights BNY Teams With OpenAI to Bring ‘Transformational’ AI to Banking…
Things we’re reading today include: Bitcoin price down: Cryptocurrency value plunges amid major market worries | The Independent Why is crypto down? Bitcoin value plunges below $90,000 HSBC invests €36m in London fintech ClearScore Is London’s IPO market due a fintech revival? | MoneyWeek German central bank plunges to record €19bn loss BofA CEO: Over-Regulation…
Things we’re reading today include … Monzo, Revolut, Starling or Chase? The best digital bank accounts, compared | The Independent How Monzo Bank Built a Cost-Effective, Unorthodox Backup System to Ensure Resilient Banking – InfoQ Banks downgrade top sustainability roles Commonwealth Bank boss makes admission about the future of cash | Daily Mail Better Cryptocurrency…
Things we’re reading today include: ‘Worst hack in history’ as $1.5bn in cryptocurrency stolen | Money News | Sky News HSBC and other banks fined after using chat rooms to discuss gilt trades Four major City banks fined more than £100 million by watchdog Michael Saylor Urges US To Buy 20% Of BTC Supply, Use…
This week’s main blog discussions include … Why are CBDCs not working? After many years we have had many discussions of many countries and many banks talking about launching many central bank digital currencies (CBDCs). Today, only three countries have a live CBDC: the Bahamas, Jamaica and Nigeria. Doesn’t that feel a bit strange? Well,…
Things we’re reading today include … Eurosystem expands initiative to settle DLT-based transactions in central bank money European Central Bank Takes Step Toward Blockchain-Based Payments System – Decrypt European Central Bank’s annual loss hits record €7.9bn SEC rebrands cryptocurrency unit to focus on emerging technologies UK Fintech Investment Fell By Over 25% In 2024, But…
Things we’re reading today include: HSBC net zero goal delayed 20 years, as CEO offered 600% bonus HSBC hit by fresh Hong Kong row: Bank accused of ‘shrugging its shoulders’ in the face of Chinese oppression | This is Money Top 10: Challenger Banks | FinTech Magazine After raising $1 billion, fintech Varo closes another…
Things we’re reading today include … The 50 Hottest Fintech Startups In 2025 Argentine president defends his $LIBRA cryptocurrency tweet after crash, comparing losses to gambling | CNN UK capital of European fintech, despite four-year investment low – Tech.eu DBS, HSBC have best-performing mobile banking apps in Asia, according to a new report | South…
