When do the German regulators get named and shamed - they looked the other way too!
05 Apr 2023 14:29 Read comment
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!!!
05 Apr 2023 14:18 Read comment
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?
27 Feb 2023 09:46 Read comment
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!
24 Feb 2023 10:16 Read comment
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!
15 Feb 2023 09:14 Read comment
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!
01 Feb 2023 09:28 Read comment
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 !
30 Jan 2023 11:46 Read comment
Good luck bankers........... I think you are a day late and a dollar short. Apple got there firstest with the mostest! going to take some unseating.... Including rewards, to turn back that clock!
24 Jan 2023 09:34 Read comment
Nice story - going to be thin margin, but good for Stripe... Quality of service counts - capacity planning is vital!
24 Jan 2023 09:32 Read comment
The taxpayer was there for the banks - VCs wont be there for the crypto crowd..... Brokers shouldnt be taking on credit risk if they are holding client funds!
23 Jan 2023 13:51 Read comment
Charles WickendenSolutions Executive at FIS
David WoodroffeSVP, Asset and Auto Finance at FIS
Jagdish UdayakumarHead of New Business at FIS
Steve SabinSVP, Division Executive, Lending at FIS
Nicole PienkosHead of Regional Banking at FIS
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