Bank closures prompt calls for High Street hubs

The charity’s research suggests 27% of over-65s and 58% of over-85s rely on face-to-face banking. Charities and consumer groups have called for an acceleration in [… Read more ]

Banking Problems May Be Tip of Debt Iceberg

‘Shadow banks’ have grown rapidly and, like banks, are exposed to risk from higher interest rates The biggest question facing the economy lately has been: [… Read more ]

The U.S. Banks With the Most Uninsured Deposits

The U.S. Top Banks by Uninsured Deposits Today, there is at least $7 trillion in uninsured bank deposits in America. This dollar value is roughly three times [… Read more ]

Where People Borrow Money From, by Country Income Level

When making the decision to borrow money, do you turn to friends and family for financial help, or do you go to a financial institution [… Read more ]

Why Banks Are Waging a Digital-Wallet War With Apple

Banks are worried they’re losing ground to tech companies eager to gain market share in consumer payments. One of traditional finance’s biggest threats is Apple. [… Read more ]

Credit Suisse’s First Boston plan in doubt amid crisis talks

Credit Suisse’s (CSGN.S) plan to spin off its investment bank under the First Boston brand are being thrown into doubt by takeover talks, Bloomberg News reported on [… Read more ]

Silicon Valley elites are warring over who does ‘fake work’ in tech

Silicon Valley founders and investors are debating what constitutes real work in tech. That’s amid the biggest shedding of jobs in the industry’s history. Investor [… Read more ]

After Silicon Valley Bank Fails, Tech Startups Race to Meet Payroll

Tech startups and other businesses raced to line up sources of cash for payroll and other immediate needs after their deposits in Silicon Valley Bank , long [… Read more ]

Investors implore the government to step in after Silicon Valley Bank failure

Voices from tech and finance are increasingly calling for the federal government to push another bank to take over the failed Silicon Valley Bank to [… Read more ]

Silicon Valley Firms Scramble for Stability After Bank Failure

Venture funds extend short-term loans amid cash crunch, while some founders plan to use personal funds to cover payrolls Startup investors scrambled over the weekend [… Read more ]

7 investors reveal what’s hot in fintech in Q1 2023

he global downturn has impacted every sector, but fintech bore the brunt of it as public-market valuations fell off a cliff last year. However, it appears [… Read more ]

The fintechs that didn’t overstaff are hiring from those that did

As fintechs in big cities shed jobs, VizyPay is looking to lure talent to less dense locales. « Our focus is not Dallas or San Francisco [… Read more ]

More and more financial institutions are embracing AI

JPMorgan may have restricted employee use of ChatGPT, but the broader financial services sector can’t escape the AI buzz. A new survey from FICO and Corinium solicited responses from [… Read more ]

Visualizing the Global Share of U.S. Stock Markets

One of the most potent symbols of American financial dominance is the combined market capitalization of the country’s two biggest stock exchanges⁠—the New York Stock [… Read more ]

The Future Of Data And AI In The Financial Services Industry

As the CTO of a major financial institution, it is crucial to stay informed about the latest trends in data and AI in the financial [… Read more ]

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