All articles by Douglas Blakey
Douglas Blakey
ThetaRay secures $57m funding to ramp up international expansion
Funding round led by Portage, a global fintech and financial services investment platform, and supported by largest existing shareholder JVP and other shareholders
GXBank, Grab-led digital bank: first to receive regulatory approval to launch in Malaysia
GXBank is the first of five digital bank licence applicants to receive approval to commence operations from the Minister of Finance and Bank Negara Malaysia
Signal: Major US banks slash job postings
US Bank, Citi, Wells Fargo and Chase remain the top global recruiters in the banking sector in the first eight months of 2023. But compared to the same period last year, job postings are down sharply
Travelex launches Travel Money Card in Japan
Prepaid foreign currency card can be used securely in over 210 countries
Banks know what embedded finance is: but do they know how to use it?
Alex Mifsud dives into the world of embedded finance and its differentiation from banking as a service. Drawing from Weavr’s research, Mifsud highlights that 80% of UK banking executives recognise a distinct meaning of embedded finance
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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.