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Location

London

Member since

2014

Marite Ferrero

Director at Lumiere LTD

Message Posts: 0 Comments: 23

Bio FINEXTRA member since 2007

Marite is Commenting on

Claro takes anti-BNPL campaign to London's streets

Most can see the link between the squeeze on interchange rates and the growth of BNPL and other credit facilities. Entities that issue payment instruments need to make money. There is more money to be made issuing credit than debit. Some BNPL schemes automatically take the payment from the customers' debit cards enabling customers to benefit from 0% credit. The merchants pay for this type of BNPL. BNPLs are not all the same. Consumers and the FCA might want to watch out for BNPLs that automatically charge interest.

24 Sep 2021 Reply Read article

UK plans fintech visa fast-track scheme

Sunak in charge of this is like having a fox right in the hen house. Big conflict of interest. His father in law founded Infosys. Also it's not good to copy the the much abused H1B visa programme in the U.S.

23 Feb 2021 Reply Read article

Wirecard AG files for insolvency

Wulf Matthias, WIRECARD's chairman of the Board from 2008 till Jan 2020 seems to have been the 'guardian' that resisted the Audit Calls. He's still sits at the Board. His successor, Thomas Eichelmann is who supported the KPMG audit. So as Chairman of the Board, is it plausible that Mr. Wulf Matthias didn't know anything about the made-up accounts in the Philippines?

25 Jun 2020 Reply Read article

CaixaBank to roll out facial recognition ATMs across Spain

Oh and how will the bank customer input the amount of money they want to withdraw? Will they have to blink as many times to tell the ATM how much they want?

23 Jun 2020 Reply Read article