Fintech Fridays: TFT’s Weekly Fix of Product News & Deals 14/07
Welcome to Fintech Fridays! The Fintech Times weekly roundup serves up something for the weekend – a shopping list of the latest deals, product launches and service updates. Revolut and Natwest enable iPhone tap-to-pay Global financial superapp Revolut has enabled Apple’s Tap to Pay on iPhone contactless payment acceptance technology for Revolut Pro and Revolut Business […]
Lenders Demand More Support from FCA Ahead of Consumer Duty Rules as Demand for Loans Increases
Research from the AI-powered transaction analytics firm, Fuse, has found that 32 per cent of lenders have seen an increase in borrowing defaults over the last 12 months. The firm’s research suggests this trend is likely going to increase as 42 per cent of 18-34 year olds will need to borrow money in the next […]
UK Banks Under Fire for Erroneously Closing Customer Accounts
Banks are facing scrutiny over their handling of customer accounts, as data obtained by consumer champion Which? reveals that they are wrongly closing accounts in over 30 per cent of cases referred to the Financial Ombudsman Service (FOS). While banks have the authority to swiftly close accounts as part of their efforts to combat fraud […]
Tucker Carlson Turns a Christian Presidential Forum into a Putin Showcase
The Iowa evangelical leader Bob Vander Plaats gathered Republican White House hopefuls in Des Moines, then gave Tucker Carlson the microphone.Read More
Pence Raises Just $1.2 Million, Aide Says, in Worrying Sign for 2024 Bid
The notably low figure raised new doubts about Republican voters’ enthusiasm for the former vice president, as well as questions about whether he will qualify for the first G.O.P. debate.Read More
For Years, Quiet Gilgo Beach Was a Place of ‘Murders and Mayhem’
The arrest of a man charged in three of the killings brought a sense of safety to a community long accustomed to being on edge.Read More
Celsius Network Limited and Alexander “Alex” Mashinsky
SEC Charges Celsius Network Limited and Founder Alex Mashinsky with Fraud and Unregistered Offer and Sale of SecuritiesRead More
U.S. Virgin Islands Seeks $190 Million From JPMorgan Over Epstein Suit
The U.S. Virgin Islands filed the lawsuit last year alleging that the bank ignored red flags about Jeffrey Epstein’s behavior because he was bringing in wealthy clients.Read More
Vulnerable Republicans Take a Political Risk With Abortion Vote
In uniting his party behind an annual defense bill loaded with social policy restrictions, including on abortion, Speaker Kevin McCarthy scored a short-term victory that could put his majority in peril.Read More
Stocks Rise for Week as Inflation Fears Calm
The S&P 500 edged lower for the day as bank earnings season kicked off, but finished the week with a broad-based 2.4% gain.Read More
