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JPMorgan Chase unveils request for pay service
JPMorgan Chase unveils request for pay service JPMorgan Chase has launched a product that lets its corporate clients send payment requests to its millions of retail customers through the bank's app and website. How JPMorgan Chase’s recent C-suite changes enable more, new, and quicker product launches When startups come on the podcast, we talk a […]
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US consumer watchdog takes `careful look ` at Apple `s BNPL plans
US consumer watchdog takes 'careful look' at Apple's BNPL plans Apple's entry into the buy now, pay later market is prompting the Consumer Financial Protection Bureau (CFPB) to take a "very careful look" at the implications of Big Tech moving into the sector. Australia’s consumer watchdog investigating Apple & Google app store practices | 7NEWS […]
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Atom Bank raises 75 million as IPO prospects grow
Atom Bank raises £75 million as IPO prospects grow Mobile-only Atom Bank has raised more than £75m in new equity priced at 70p per share as it continues to grow its profitability and drive to IPO. SIE Exam Prep 50 EXPLICATED Practice Questions/Performance Opportunities 33 more SIE test questions found here https://youtu.be/KegLDJJKMbcTime stamps: 00:00 Intro1:14 […]
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Westpac clamps down on abusive messages sent via payment transactions
Westpac clamps down on abusive messages sent via payment transactions Westpac is introducing new tools to clamp down on the use of payment channels to send abusive and threatening messages to recipients via the description and reference fields in online banking transactions. How to view your statements for closed accounts on Mobile View Statements for […]
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Competition between Big Tech and banks for borrowers can boost privacy – BIS
Competition between Big Tech and banks for borrowers can boost privacy – BIS Competition between Big Tech and banks in attracting borrowers can lead to greater privacy but could also result in more defaults and reduced investment, according to research from the BIS. Big tech in finance: opportunities and risks BIS Economic Adviser and Head […]
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TrueLayer takes the pain out of payouts with Open Banking
TrueLayer takes the pain out of payouts with Open Banking TrueLayer is tackling the issue of slow merchant withdrawals and refunds with the launch of a new Open Banking-based instant payouts feature. Inside Openbanking and talking Rust with TrueLayer and Luca | Enginears Podcast In this episode, we’re joined by Luca Palmieri (Lead Engineer) at […]
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Westpac automatically blocks payments to suspected scammers
Westpac automatically blocks payments to suspected scammers Westpac has started automatically blocking suspect online transactions from overseas retailers deemed high-risk of being a scam. Scam Runner – Level Up Your Scam Spotting Learn about Common Scams and what to do if it happens to you. Don’t Get Played.https://www.westpac.com.au/security/ Westpac Fraud Money Back Guarantee. We’ll repay […]
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Crypto bear roars: Coinbase to lay off 1100 employees
Crypto bear roars: Coinbase to lay off 1100 employees Coinbase is the latest crypto firm to take an axe to its workforce, outlining plans to lay off around 1100 people – 18% of its workforce – as it looks to cut costs in the face of "current market conditions". The bear and bull case for […]
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Equals Group shrinks wage packets, furloughs 20% of staff
Equals Group shrinks wage packets, furloughs 20% of staff Equals, the B2B focused e-banking and international payments group, has furloughed 20% of staff and reduced pay for all employees by 20% as a cash conversation measure as it bids to ride out the effects of the Cornavirus pandemic. Governor Can Order Furloughs, Judge Says A […]
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Halifax rebrand slammed for copying Monzo and Starling
Halifax rebrand slammed for copying Monzo and Starling Days after Halifax's attempt at a rebrand to compete with digital upstarts such as Monzo and Starling, social media users noticed that the bank's new identity may have taken the competition a little too literally. Santander £160 switch, Is Monzo a “going concern” & more (August 22 […]