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Things we’re reading today include … HSBC profits fall 14% as bank takes hit from Madoff lawsuit provision Starling Bank launches AI tool for customers to spot purchase scams Zelle to Enable International Payments via Cryptocurrency Why I will be opposing the ‘cryptocurrency freedom’ bill Understanding the Role of ISO 20022 in Cryptocurrency Payments Fintech……

My friend Ron Shevlin was putting some shade on Starbucks app this week. The reason is that some claim Starbucks is a bank because their prepaid app is so popular. Ron claims it is just PNBL – Pay Now, Buy Later – and is nothing to do with being a bank. The thing about his view……

Warning: if you work for a bank, this is a rant and you probably won’t like it Over the last decade or so, there’s been a big rise of Greentech and Green Fintech. Unfortunately, the banking industry isn’t listening. I wrote a book about it, along with over twenty other contributors, and the gist is……

Things we’re reading today include … Barclays acquires US lender Best Egg in $800m deal American adventure for Barclays: It is good to see a British bank on Wall Street UBS third-quarter profit soars, trouncing expectations HSBC warns it could take years to settle Madoff case as bank takes $1.1bn hit AWS Outage Shows Fintech’s Need……

I find it so interesting the debate about CBDCs (Central Bank Digital Currencies), stablecoins (a digital currency backed by real world assets) and cryptocurrencies (a digital currency backed by the decentralised network of everyone). This is the biggest battleground for the future of how we trade and are paid, and the losers appear to be……

Things we’re reading today include … More than a million current account switches in year as bank apps attract savers HMRC ‘taking money from bank accounts’ sounds ‘alarming’ says expert The key steps to take to protect your pensions and investments if the AI ‘bubble’ bursts US fintech giant Fiserv stock plummets over 44% after……

I’ve written for years about “the end of …” somethings a lot. The death of cards; the end of cash; the branchless future; the murder of the keyboard; and more … and they’ve all come true. We are cashless, cardless and branchless today, although I still love my keyboard. Sure, I can record voice memos……

The two-year-old sales tax startup Numeral is now valued at $350 million.

OpenAI is acquiring the CEO of Roi, an AI financial companion. Roi will sunset its service as its talent heads to OpenAI, ostensibly to help boost revenue in consumer apps.