This week’s main discussions include … Little Britain: “A rainy island with a hostile tax system is a hard sell” Many years ago, I was presenting to a country suffering sanctions. No longer able to access the SWIFT network and pretty much excommunicated by most banks worldwide, they were suffering. Of course, they could do……

Things we’re reading today include … Dutch fintech Mollie buys GoCardless for €1.1bn Governing Council proposes simplification of EU banking rules Wall Street is drooling over bank mergers EU banks should reduce their reliance on US Big Tech, top supervisor says Nubank Is Not a Bank, Despite Its Name — and That’s a Problem Fintech……

I spotted a quote this week: “All truth passes through three stages: first, it is ridiculed. Second, it is violently opposed. Third, it is accepted as self-evident.” — Arthur Schopenhauer My mind immediately moved to bitcoin and cryptocurrency and, specifically, Jamie Dimon. For years, Dimon has said that bitcoin is a scam and yet, now,……

Many years ago, I was presenting to a country suffering sanctions. No longer able to access the SWIFT network and pretty much excommunicated by most banks worldwide, they were suffering. Of course, they could do nested accounts, where you bury your bank in a pyramid of other banks, but that is pretty complicated, so I……

Things we’re reading today include … Why UK & US Fintech Must Fast-Track Quantum Resilience and AI-Proofing Now UK financial firms face tough new climate risk rules from Bank of England EY’s COP30 Report: How Climate Data Demands Reshape FinTech While Western central banks hesitate on climate, China’s acts How NatWest, Lloyds, Barclays and HSBC……

Things we’re reading today include … Jamie Dimon tells Trump Media boss ‘stop making up things’ Warren Buffett protégé quits in blow to Berkshire Hathaway Bank of International Settlements warns of US equity and gold bubble Exclusive: ECB backs simpler, not looser, bank rules A New Chapter in Banking Embracement of Cryptocurrency Why South Korea……

Jamie Dimon, the chap that runs JPMorgan, has just stirred up a big debate about debanking by accusing Trump Media, the folks that run Donald’s Truth Social platform, of ‘making up things’. What things are they making up? That they’ve been debanked by JPMorgan for their political affiliation. The thing is that Jamie then poked……

Pine Labs, backed by PayPal and Mastercard, gained 14% on its market debut.

Venmo launches a cash back program for debit card users, as credit card use declines among Gen Z.

Marquis said ransomware hackers stole reams of banking customer data, containing personal information and financial records, as well as Social Security numbers, belonging to hundreds of thousands of people. The number of affected people is expected to rise.