Things we’re reading today include … Bank of England makes ‘substantial amendments’ to Basel package (cityam.com) Investment firm caps work hours for junior staff at 80 a week after outcry over young banker’s shocking death | The Independent Chinese banking giant’s London HQ targeted by cybercriminals, threatening to leak millions of files | TechRadar New…
Things we’re reading today include … Innovation may slow amid bank-fintech partnership scrutiny: analysts | Banking Dive UK fintechs warn tax hike could undermine global fintech status – The Banker FIS draws fintech startups into accelerator | Payments Dive New bill introduced in Parliament to clarify crypto’s legal status – GOV.UK (www.gov.uk) Cryptocurrency-Linked Scams Surge…
Things we’re reading today include: FBI: crypto fraud losses hit USD 5.6 bln in 2023 – ThePaypers Pulse of Fintech (kpmg.com) Full implementation of Open Banking roadmap paves way for UK’s financial tech evolution – FinTech Global Metro Bank to cancel all its customers’ credit cards today | Express.co.uk JPMorgan stock slumps as interest income…
Things we’re reading today include: Swedish fintech unicorn Klarna faces money laundering probe as it prepares for IPO – AML Intelligence Australia’s Judo Bank Goes Live with Thought Machine’s Vault Core | The Fintech Times HSBC considers cost-cutting merger of commercial and investment banking units (ft.com) Bank of London resolves tax payment glitch, raises funds…
Things we’re reading today include … The Bank of London reveals £42m fundraise days after winding-up order (cityam.com) Russia Economy: Banks Say Nation Depleted Yuan Stash As China Pulls Away – (businessinsider.com) Bank bosses brace for Downing Street meeting as windfall tax fears mount | This is Money Stripe-backed fintech warns of over-reliance on US…
This week’s main blog discussions include … The secret sauce of Stripe’s success Your morning coffee purchase travels through 15 countries in 0.3 seconds. It’s not magic. It’s a global network of invisible digital pipes and two college dropouts saw their world-changing potential. Two brothers. Meet Patrick and John Collison: the architects of our digital…
Things we’re reading today include … Trump Pledges To Make US The ‘World Capital’ In Cryptocurrency | Barron’s (barrons.com) ECB to challenge American, Chinese payment systems with digital euro (crypto.news) Visa to launch pay-by-bank payments, an alternative to credit cards (cnbc.com) ‘I used Bank of Mum and Dad to fund my start-up – I lost…
Things we’re reading today include … Bank fraud reimbursement limit set to be slashed by thousands under new plans | Personal Finance | Express.co.uk Why is the UK slashing the maximum banks must refund to fraud victims? | Banking | The Guardian Deutsche Bank chief tells Germans: Work longer and harder – POLITICO Chinese banks’…
Things we’re reading today include … BBVA secures UK approval to acquire TSB Bank in hostile takeover bid (cityam.com) UK reportedly poised to slash amount banks must refund to fraud victims | Banking | The Guardian Lloyds Bank hit by online service issues as Microsoft reports outage (cityam.com) Chinese central bank’s $56bn debt purchase sparks…
Things we’re reading today include … Viral ‘Chase Bank ATM Glitch’ promised people free money – but left them in thousands of debt and facing jail | The Independent Ukraine is working to legalize cryptocurrency to fill its coffers. – UBN Lloyds Bank partners with Cleareye.ai to provide trade finance tech solutions (retailbankerinternational.com) Lloyds Bank…
