All articles by Douglas Blakey
Douglas Blakey
FCA’s access to cash consultation closes
The FCA’s consultation period on its rules maintaining access to cash closes today. The rules matter to vulnerable consumers who rely on access to cash and to small firms’ freedom to choose cash as a form of payment
Canadian millennials and Gen X weighed down by financial worries: RBC
While millennials and Gen X share many of the same financial anxieties there are differences in their level of concern with millennials more worried about their cash flow but less anxious about their financial future reports RBC
Over 11m financially vulnerable Brits reliant on loans to survive, access to credit plummets
AI powered transaction analytics firm, Fuse, reports that four in ten financially vulnerable people are forced to turn to credit to pay everyday expenses
DORA is a chance for the financial sector to evolve
Rob Dartnall describes the scope and remit of the upcoming Digital Operational Resilience Act (DORA) on the financial sector
Canadian millennials believe they need about C$2.1m to retire: BMO
Following a surge in excess savings during the pandemic, the BMO Annual Retirement Survey reveals Canadians are no longer putting as much money away, with savings levels now returning to pre-pandemic levels
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AI, social media, and cloud trending themes in hiring in 2023 amid declining job postings: GlobalData
Global job postings experienced a 23.6% fall in 2023 compared to the previous year
US and China dominate global high value VC funding deals volume with 70% share in 2023: GlobalData
While VC firms have become cautious they are not averse to placing big bets in promising startups in the US and China
DBS full-year net profit rises 26% to record SGD10.3bn, return on equity rises to 18.0%
Fiscal 2023 earnings overshadowed by news DBS reduces its CEO’s variable pay by 30% after digital disruptions hit the bank in 2023
Online and mobile knowledge no longer barriers to banking for majority, including most seniors
86% of Americans, including older consumers, are digitally literate and well-equipped to use digital platforms to meet their routine banking needs says Capital One
FintechOS reports 40% year-over-year revenue growth for 2023
Fintech provider expects to achieve profitability in first half of 2024