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We will always need intermediaries … just what kind?
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,……
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“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 nested accounts, where you bury your bank in a pyramid of other banks, but that is pretty complicated, so I……
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Things worth reading: 11th December 2025
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……
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Things worth reading: 12th December 2025
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……
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What to do if your bank tells you to f*ck off?
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……
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Pine Labs gets warm market welcome on $440M India IPO despite a valuation trim
Pine Labs, backed by PayPal and Mastercard, gained 14% on its market debut.
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Venmo launches cash back rewards program for debit cards
Venmo launches a cash back program for debit card users, as credit card use declines among Gen Z.
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Fintech firm Marquis alerts dozens of US banks and credit unions of a data breach after ransomware attack
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.
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Things worth reading: 5th December 2025
Things we’re reading today include … Lloyds Bank pushes for AI and blockchain to transform UK homebuying Crypto investor Christopher Harborne donates record £9m to Reform UK Britain unveils fast-track licensing to boost fintech growth Poland raises corporate income tax on banks as president approves government bill BBVA’s CEO underscores the bank’s commitment to expanding……
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I love my robot, but does my robot love me?
Are we giving up on dating and instead putting all of our demands onto digital people who are programmed to behave and speak exactly how we want? A new survey of 2,000 British men and women between the ages of 18 and 45 produced by Equimundo, a US-based non-profit organisation, found that men have simply……