Category: FinTech

  • Check fraud to reach $24B in 2024

    Industrywide, financial institutions are seeing an uptick in synthetic identities, scam activity and check fraud even as digital channel adoption grows.   In fact, check fraud is expected to reach $24 billion in 2024, according to a Jan. 3 newsletter from Frank McKenna, chief strategist for AI-driven fraud detection platform Point Predictive. As consumers lean into…

  • Can you close the gate after the horse has bolted?

    We need global regulation of all technology … but can we? Building on yesterday’s piece, there is a call in many circles for the global regulation of Big Tech. In fact it goes far further than Big Tech. It’s a call for regulating everything online. From cryptocurrencies to social media to artificial intelligence … it……

  • Things worth reading: 8th February 2024

    Things we’re reading today include: ‘I lost my house, I lost all my money’: the retiree taking on the banks over crypto fund loss | HyperVerse | The Guardian Minister warns over a ‘computer says no’ stance to buy now, pay later (msn.com) Burnley’s Bank of Dave nominated for Hollywood award | Lancashire Telegraph Regulating……

  • Could we run the banking system outside the banking system?

    I’ve asked myself this question often recently: could the banking system be run outside the banking system? I guess the start point of this discussion is: what is the system? Just like to be or not to be, that is the question. What is the system? It’s a debate I’ve been having for years –……

  • Could we run the banking system outside the banking system?

    I’ve asked myself this question often recently: could the banking system be run outside the banking system? I guess the start point of this discussion is: what is the system? Just like to be or not to be, that is the question. What is the system? It’s a debate I’ve been having for years –……

  • Could we run the banking system outside the banking system?

    I’ve asked myself this question often recently: could the banking system be run outside the banking system? I guess the start point of this discussion is: what is the system? Just like to be or not to be, that is the question. What is the system? It’s a debate I’ve been having for years –……

  • Could we run the banking system outside the banking system?

    I’ve asked myself this question often recently: could the banking system be run outside the banking system? I guess the start point of this discussion is: what is the system? Just like to be or not to be, that is the question. What is the system? It’s a debate I’ve been having for years –……

  • Could we run the banking system outside the banking system?

    I’ve asked myself this question often recently: could the banking system be run outside the banking system? I guess the start point of this discussion is: what is the system? Just like to be or not to be, that is the question. What is the system? It’s a debate I’ve been having for years –……

  • Could we run the banking system outside the banking system?

    I’ve asked myself this question often recently: could the banking system be run outside the banking system? I guess the start point of this discussion is: what is the system? Just like to be or not to be, that is the question. What is the system? It’s a debate I’ve been having for years –……

  • Could we run the banking system outside the banking system?

    I’ve asked myself this question often recently: could the banking system be run outside the banking system? I guess the start point of this discussion is: what is the system? Just like to be or not to be, that is the question. What is the system? It’s a debate I’ve been having for years –……