All articles by Douglas Blakey
Douglas Blakey
Money and Pensions Service renews BNPL warning
Almost one in five UK Buy Now Pay Later customers are now using it for essential items. Yet the UK government continues to drag its feet as regards overdue regulation
Money laundering regulations tighten across Europe
Switzerland’s approach to AML has been criticised in the past as being too lax. The country is now responding to international calls to enforce tighter controls
Just 1-in-5 UK consumers satisfied with support from their bank: SAP
Over 1-3 customers aged over 55 say they’re open to switching banks based on interest rates and sign up offers compared with just 16% of Gen Z says SAP
Zilch celebrates third birthday with customer numbers topping 3.5 million
The BNPL sector in Australia is in crisis but in the UK, Zilch says that it is on course to hit profitability as it reports generating £300m in rewards and savings for users
Signal: Chase raises its stake in Brazil’s C6 Bank to 46%
JPMorgan Chase is to increase its investment in the Brazil-based C6 Bank from 40% to 46%, subject to regulatory approval.
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Zelle announces Q2 customer growth, enhanced security measures
More than 80% of US demand deposit accounts now include Zelle, with strong growth in minority depository institutions offering Zelle in underserved communities
Strong SME growth in Asia-Pacific is driving Starling’s expansion into the region
Nandita Shukla explains why Starling is to export its BaaS platform to APAC
The case for a UK CBDC
Douglas Blakey discusses the potential for a UK central bank digital currency with industry experts Praveen Prabhakaran and Daniel Field of UST.
Scotiabank Q3 2023 net income -18% y-o-y, misses forecasts
Scotiabank reports net income of C$2.12bn for the three months to end July, compared to C$2.59bn in the same period last year
BMO launches mobile wallet for virtual cards with Mastercard and Extend
Bank of Montreal is the first global Mastercard issuer to offer contactless virtual cards through Extend