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Things we’re reading today include … Babies to be given $1k ‘Trump bank accounts’ Will Jamie Dimon build the first trillion-dollar bank? Fintech group launches industry-first ‘programmable money’ Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin NYC Mayor Goes Full Crypto With Council Launch and Tax Plan HSBC UK to slash bonuses……

After lots of discussions about how AI is transforming financial services as a new, foundational technology that has massive granularity of use cases, it doesn’t always work. In a very major public about face, Klarna says it doesn’t work. This is the company that saved millions by getting rid of two of five staff. Now,……

This week’s main blog discussions include … What economy would machines create? We talk a lot about AI these days or, as some call it, A1 or Al (yes, Betty, when you call me, you can call me Al) and we have now moved on to other terms including Generative AI, Agentic AI and AGI……

Things we’re reading today include … How crypto is going to cause the next great financial crisis ‘Roadmap for corruption’: Trump dive into cryptocurrency raises ethics alarm Keep some cash under your mattress, says Dutch central bank Taxpayers set for £10bn loss on NatWest as disgraced ex-boss takes £600k-a-year pension London vs New York: Who……

There’s a very interesting analysis of the cyber attacks on Marks & Spencer, the Co-op and Harrods on the BBC this week. If you have access to their iPlayer, then it’s well worth a watch: https://www.bbc.co.uk/iplayer/episode/m002d2lh/inside-the-high-street-cyberattacks If you don’t, then here’s the summary as it illustrates our fragile digital world today. In April, Marks &……

Things we’re reading today include … Open Banking Transactions Dwarfed by Card Payments in UK Why Britain’s fintech dream is faltering NatWest Eyes Acquisitions, Wealth Management Growth As UK Bank Enters New Era The fundamental flaw at the heart of the Bank of England Global central banks talk harsh new economic realities in Tokyo China……