flwnet

I just discovered that Ben McKenzie is taking the cryptocurrency industry head-on. Many of you will remember Ben from The O.C. but he’s now a little bit more serious. In fact, he wrote a book: Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud. Oh! That sounds a bit challenging, but why would an actor become an anti-crypto……

I just discovered that Ben McKenzie is taking the cryptocurrency industry head-on. Many of you will remember Ben from The O.C. but he’s now a little bit more serious. In fact, he wrote a book: Easy Money: Cryptocurrency, Casino Capitalism, and the Golden Age of Fraud. Oh! That sounds a bit challenging, but why would an actor become an anti-crypto……

Over the past decade, the industry has aggressively optimised for cost and digital efficiency and, in doing so, it has quietly dismantled the human infrastructure that made banking work for millions of people. Start with the facts. In the UK alone, more than 6,000 bank branches have closed since 2015, according to consumer groups and……

In a new report by Boston Consulting Group, they conclude that the CIO is now the most important role in a bank. Not long ago, the CIO was the person who kept the lights on and kept core systems stable, costs controlled, projects delivered (eventually). That world is gone. According to BCG, the CIO now……

This week’s blog discussions included … Let’s be honest: retail banking is broken Over the past decade, the industry has aggressively optimised for cost and digital efficiency and, in doing so, it has quietly dismantled the human infrastructure that made banking work for millions of people. Start with the facts. In the UK alone, more……

Things we’re reading today include … Former world champion arrested for crypto scam Goldman-backed Lendable plots US expansion after outpacing banks on loans HSBC’s US$400m hit exposes bank financing risks Britons could gain £3,500 by letting bank app give money tips, study finds If AI Owns the Decision, What Happens to Your Bank? Fintech startup……

I was wondering today what would happen if my AI tool sent money to a third party and it was fraudulent. Who would be liable? So, I did a bit of research to find the answer and here it is. The general rule is that it’s your fault, as it’s not the AI that made……

Things we’re reading today include … Binance: Nigeria orders cryptocurrency firm to pay $10bn Court Jails Lagos Resident Nine Years Over Cryptocurrency Fraud Millions stolen from ‘terrorized’ cryptocurrency owners in Bay Area British sprinter CJ Ujah arrested for alleged cryptocurrency fraud Shadow bank founder accused of stealing money to buy supercars Coinbase cuts workforce by……

I’m not big on theology but did stumble across Mammon the other day and am surprised I didn’t know more about this ancient character. He appears in the Bible quite often, and Jesus makes clear that ‘you cannot serve both God and Mammon (Matt 6.24 as well as Luke 16.9, 11 and 13). Mammon promotes the ‘deceitfulness of wealth’……

Things we’re reading today include … Switzerland’s Largest Bank Just Joined the Crypto Race of 2026 Five questions banks must ask to unlock tech value Sam Woods, Chief Executive Officer of the Prudential Regulation Authority (PRA), Speech at the Henry Thornton Lecture, Bayes Business School German Banks Freeze Russian Clients’ Accounts Citing Sanctions and Money Laundering……