CRYPTOCURRENCY Another One Bites the Dust Unless you’ve been living under a big cryptocoin rock, you’ve heard about the demise of one of crypto industry’s “darlings”: FTX. We won’t beat this news item any more than it has already been covered, but we’ll just give you some tidbits below if you want to read more …
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JOBS Job Cuts Everywhere Looks like a lot of the binge-hiring during the pandemic is being undone now as companies in various sectors are now bing-cutting staff, such as: DIGITAL BANKING HSBC Customers Left Out in the Cold Due to Outage HSBC UK customers were left unable to buy food, pay for meals and pay …
BANKING Embattled HSBC Not So Embattled While there’s been talk of HSBC focusing more on profitable regions (e.g. Asia), HSBC reported increase in profits year on year in the previous quarter due to skyrocketing interest rates. BANKING Credit Suisse “Cuts Like a Knife” Those in banking know when banks hire, they hire in massive spurts …
DIGITAL BANKING Voice Assistants in Banking Banks are beginning to integrate voice assistants (e.g. Alexa) into the mix of digital banking channels. It’s still early days, so you won’t mistakenly buy the latest meme stock. BANKING Goldman Sachs Restructures (again) Goldman Sachs recently announced they will be restructuring again (second time in last four years). …
FINTECH How AI is Changing Finance The SEC’s Gary Gensler talks about how artificial intelligence (AI) is changing finance. Here’s 4 themes from his talk. FINTECH A Look at Real-Time Payments Jared from Fintech & Finance, takes an interesting look at real-time payments (RTP) and how things look going forward in the industry for RTP. …