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Thinking about the Big Tech firms, most of them are enabling commerce. Amazon and Apple are building specific structures to make buying and selling easy. But one company is enabling fraud, scams and criminal activities. Meta. Meta runs Facebook, Instagram and WhatsApp, as well as many other ventures from augmented reality to their X-like idea……

Thinking about the Big Tech firms, most of them are enabling commerce. Amazon and Apple are building specific structures to make buying and selling easy. But one company is enabling fraud, scams and criminal activities. Meta. Meta runs Facebook, Instagram and WhatsApp, as well as many other ventures from augmented reality to their X-like idea……

Thinking about the Big Tech firms, most of them are enabling commerce. Amazon and Apple are building specific structures to make buying and selling easy. But one company is enabling fraud, scams and criminal activities. Meta. Meta runs Facebook, Instagram and WhatsApp, as well as many other ventures from augmented reality to their X-like idea……

I noted the other day that 60% of UK bank branches have been shuttered since 2015. A lot of people aren’t happy about this and so we see new bank hubs opening where, for each day of the week, the hub represents a different bank. But why do we need branches? I posed this question……

Things we’re reading today include … The FBI made a cryptocurrency to catch crypto scammers (qz.com) TD Bank fined $3bn in historic money laundering settlement – BBC News TSB Bank handed huge fine for failing customers in arrears (cityam.com) Monzo staff to sell shares as valuation soars again to £4.5bn | Sky News Labour’s cosy……

My family has just been through a hard time. Mother, mum, is old and losing her faculties. My brother is her full-time carer and recently organised the sale of her house. Funds were finally transferred into her bank account, and that’s where the trouble started. My brother isn’t young and, in the spirit of trying……

This week’s main blog discussions include … Why are fintechs worth more than banks? I just got the latest Finch Capital report on The State of Fintech 2024. Many of us think that fintech valuations and investments have gone through the floor, and this reports make clear that it depends where you are. The UK……

Things we’re reading today include … Poorest countries in worst financial shape since 2006, World Bank says | Al Jazeera Westpac outage causes app, online banking to stop working for Australians | Daily Mail Bank of England and FCA joint approach to the Digital Securities Sandbox | Bank of England Farther raises $72m Series C……

I just stumbled across a leap in the world. Cordless charging. Forget your cables, everything is now just charged through the air or by putting something onto a wireless charging point. It’s called induction charging and you’ve probably already used it. You put your phone down on a mouse-mat sort of base, and it starts……

Things we’re reading today include … Revolut takes on Square with payment terminal for larger businesses (cityam.com) Revolut customers say e-money firm failed them after being scammed – BBC News AI amplifies systemic risk to banks: India Reserve Bank boss • The Register How AI and ‘behavioral banking’ boosts FI revenue – Bank Automation News……