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
Where have we heard this story before? A bunch of apparently smart business leaders investing in vehicles that they didnt understand, run by unscrupulous businesses, with asset valuations that didnt make sense. Valuations based on a bunch of assets that had nebulous value, which could collapse easily collapse in a recession........... If we dont study history we are destined to repeat it (ad nauseam)....... On the up side, and again, there will be people who have, surrepticiously or overtly, trousered millions of dollars and walked away.... Oh the UK is reducing banking security limits too!!! Triple's all round!
20 Jan 2023 16:38 Read comment
Ah - Pay-by-link option then?
20 Jan 2023 11:43 Read comment
A Russian owned and managed, Chinese domiciled Crypto currency exchange operation? Not sure how many legitmate customers they would have attracted, but if they did have some, then sadly their funds are locked up too! Crypto is still the Wild Wild West.... Or should that be Wild Wild East?
19 Jan 2023 10:06 Read comment
If i read this correctly the NFT traded market value managed to reduce to only $3.00 for every $100.00 traded in the spring of 2022........... therefore its probably safe to assume that the value of these assets will also have dropped by a similar amount (supply/demand) if thats the case then another massive ponzi scheme has had its effect on consumer assets? please correct me if i am wrong?
09 Jan 2023 15:32 Read comment
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