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Movers and Shakers: Exec changes at TD
TD Bank announced a flurry of executive changes, including the retirement of its chief executive and the CEO of TD Securities. Riaz Ahmed, group head of wholesale banking and president and Chief Executive of TD Securities, will retire in January after three decades at the bank, a Sept. 19 release stated. “Riaz has helped define…
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Things worth reading: 27th September 2024
Things we’re reading today include … Is Unicredit about to kickstart a wave of European bank mergers? (cityam.com) Fintech Company Chime Taps Morgan Stanley to Handle IPO in 2025 – Bloomberg Stripe-backed TrueLayer losses mount even as revenue triples | Sifted eToro Acquires Australian Investing App Spaceship for Up to $55 Million (financemagnates.com) Rise Of……
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Apple is all about privacy (which equals trust)
During my life, there have been many iconic marketing campaigns – the Shake & Vac comes to mind (Google it) – but Apple have definitely mastered the art. Their 1997 Crazy Ones campaign comes to mind … Why mention this today? Well, some friends have been posting about these ads including Bloomberg (are they a……
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Lenders tap AI to serve niche market segments
Banks have traditionally been the lenders of choice for small businesses, but there are alternatives — at least in the legal industry. Alternative asset management firm Legalist, which has $1 billion assets under management, is tapping AI within the origination process to offer litigation finance to its clients, Eva Shang, general partner and chief executive…
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Wells Fargo applies vendor tech across business lines
Wells Fargo looks across all of its business lines when making investment decisions and selecting technology vendors. For the $1.7 trillion bank, working with vendors is “about the direction of the firm, our customer-forward focus and then thinking about intention and modernizing our core infrastructure,” Jazz Samra, head of strategic partnerships and innovation initiatives, told…
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The Finanser’s Week: 23rd September – 29th September 2024
The main blog discussions this week include … Everything you don’t understand about money combined with everything you don’t understand about computers There’s a quote I often use from John Oliver that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers”. That was 2018. It’s now 2024, and……
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Things worth reading: 30th September 2024
Things we’re reading today include … Fintech has outgrown sandboxes. Now it needs airports | World Economic Forum PayPal’s CEO Marks a Year on the Job. The Race for Change at the Fintech Is a ‘Marathon.’ – Barron’s Has the ECB cracked the code for digital euro CBDC adoption? – Ledger Insights JP Morgan’s JPM……
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Who do you think they are?
For years, we have talked about digital identities and how to make them work. The fact is that most countries are lagging behind whilst a few are leading, such as India with Aadhaar. Where it is working, it is totally transformative. For example, India moved from only 35% of the population able to access bank……
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Podcast: Esquire Bank to launch lending platform in 2025
Esquire Bank considers client needs when determining where to invest in products and innovation. The New York-based bank, which provides small businesses lending and litigation finance, is working on customized lending for its litigation platform that is expected to roll out early next year, Chief Executive Andrew Sagliocca tells Bank Automation News on this episode…
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Everything you don’t understand about money combined with everything you don’t understand about computers
There’s a quote I often use from John Oliver that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers”. That was 2018. It’s now 2024, and things are a lot worse. I’ve blogged about the confusion of money recently, and it is not only the fragmentation of money……
