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Tragic. what a waste of two lives

IF TRUE.... they have been VERY naughty. Manipulating refund and chargeback rates does not target consumers.... it targets the schemes themselves.   Wonder what sanctions may ensue.

Gaming and Adult is always high risk - but investors didnt understand that  - Regulators did and looked the other way - even though the stench rising from the WC business must have been overpowering 

When do the German regulators get named and shamed - they looked the other way too!

Surely a massive CYA effort is an Asset recovery effort.... the fact that the vulnerable young female stood to make over $30M from the deal would indicate that she was a very well advised vulnerable young female!!!  I wonder how much her advisors have walked away with (without being subject to any SEC recourse?)   I am sure there are triples all round!!! 

The removal of physical cash from the world - to be entirely replaced with digital funds is equally threatening.  The question is around the possible benefts to society, weighed against threats.....  as well as the populaces willingess to kow-tow....  Isnt the Driving licence in the USA an ID card by proxy? 

The potential allocation of a Telephone-number-for-life, tied to your digital identity card and National Insurance number would be an interesting thought-experiment....Big brother could watch you, but equally any criminal or illegal activity could be very carefully monitored and only known individuals could access digital infrastructure.  That should provoke some debate?   happy to hear it! 

Helps to manage the consumer debt burden if BNPL is managed within an overall (managed) line of credit,  The UAE banks are masters of integrated Installment loans  or 'Easy Payment Plans' operating within a line of credit.... CDB is a thing there... grabbing as much of it as possible is a good thing from the banks perspective! 

Have to say..... Well done Barclays... I am not a customer but finding ways to overcome the declining use and availability of ATMs by reducing the amount of cash handled through branches is a good one, reducing Merchant cash deposits is also great (as deposit location disappear, and the Pods also seem to be cost-effective solution for the under-digitally-banked.   Bravo! 

Moody's performance in predicting risk of systemic failure with regard to CDO and CDS etc. was not great.

Lets see if they can do better here !