Things we’re reading today include … Global fintech investment falls to $51.9 billion in the first half of 2024, says KPMG data | Fortune UK government woos Revolut as fintech favours US for potential IPO (ft.com) Commonwealth Bank to stop financing fossil fuel companies that don’t comply with Paris climate goals | The Guardian ‘Best……

I find it weird as my news waves have recently been drowning in pay-by-bank PR and marketing. Finally, I decided to see what this pay-by-bank news was all about and it turns out that it’s the USA finally allowing A2A payments. Wow, big news … not. The thing about the USA is that their payments……

When I was a lad, we had one bank account that we opened when we were going to university and you stayed with that bank for life. Today, I have many bank accounts and credit and debit cards. I use Wise, Revolut, Monzo, Lloyds, American Express, Millennium, HSBC and more. Then you add in pensions……

Things we’re reading today include … Chris Packham tells Barclays customers to set fire to themselves (msn.com) 1 Top Cryptocurrency to Buy Before It Soars 1,600%, According to Chamath Palihapitiya | The Motley Fool Floki becomes official cryptocurrency partner of Nottingham Forest F.C. (cointelegraph.com) These fintech companies are hiring, despite a rough market in 2024……

This week’s main blog discussions include … Is the fintech bloodbath over? I find it hard to believe that two years ago I was writing about a fintech bloodbath and, two years later, it continues. The drying up of funding, the post-pandemic recession, the way in which the markets were moving from funding to divesting….…

Open banking regulation is quickly approaching but financial institutions are asking the Consumer Financial Protection Bureau to extend the timeline for implementation.  FIs are expected to have an open banking framework in place within six months, according to the CFPB’s proposal. However, trade groups including American Bankers Association and The Clearing House, are requesting that…

Revolut Ltd. said a secondary share sale that allowed the company to give employees liquidity for their stakes valued the company at $45 billion. The round was led by investors Coatue, D1 Capital Partners and Tiger Global, according to a statement. Morgan Stanley served as sole placement agent on the deal. The new valuation is…

Discover Financial Services is tapping generative AI to speed up call center agent response and strengthen client experience.  Using Google Cloud’s AI platform, Vertex AI, Discover has reduced response times for call center agents by 70%, Szabolcs Paldy, senior vice president of enterprise operations at Discover, told Bank Automation News. Questions in the call center…

I find it weird as my news waves have recently been drowning in pay-by-bank PR and marketing. Finally, I decided to see what this pay-by-bank news was all about and it turns out that it’s the USA finally allowing A2A payments. Wow, big news … not. The thing about the USA is that their payments……

I find it weird as my news waves have recently been drowning in pay-by-bank PR and marketing. Finally, I decided to see what this pay-by-bank news was all about and it turns out that it’s the USA finally allowing A2A payments. Wow, big news … not. The thing about the USA is that their payments……