The Financial Conduct Authority (FCA) today warned that some financial technology (fintech) firms present an ‘unacceptable risk of harm’ to customers and to the broader financial system as a result […]
If there’s one country where Revolut is an indispensable part of the payments landscape, it’s the Republic of Ireland. But Revolut’s Irish success comes at the expense of uncertainty regarding […]
On Friday night the USDC stablecoin fell to 10 percent below its $1 per share target value. On Saturday, the stablecoin’s issuer said it would continue to redeem USDC at […]
Shortly after Silicon Valley bank was shut by US regulators, e-money firm Revolut prevented a UK start-up from making a large cash withdrawal, the start-up firm’s venture capital (VC) backer […]
Got funds on your Revolut card? If you do, you may wish to know what do the firm’s recent accounting problems say about the safety of its clients’ money. Read […]
Sanctions imposed on Russia after its invasion of Ukraine have caused London, the world’s major bullion trading market, to shrink. According to the London Bullion Market Association (LBMA), gold held […]
Since the coronavirus pandemic, many of us have switched from paying by cash to paying almost exclusively by card or digital wallet. My guest on the latest New Money Review […]
Payment cards linked to cryptocurrencies are booming. But adding a volatile, fraud-ridden new technology (crypto) to a rickety old one (card payment networks) risks all kinds of new problems. By […]
The initial reaction from traditional financial markets to the sudden bankruptcy of cryptocurrency exchange FTX was dismissive. But could high-frequency trading (HFT) firms be the vector for contagion from crypto […]
There are periods in human history when money and foreign policy converge—and this is one of them, says Paul Tucker, my guest on the latest New Money Review podcast. Tucker, […]
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