Fintech Uncut Episode019 — An Apple a Day keeps the banks away

Apple is making a dent in the balance sheets of a few big banks while the US regulator thinks that open banking might increase liquidity risk for banks. In other news, will the UK’s Financial Services and Markets Bill help to make the UK a global hub for cryptoasset technology and investment?

Links to stuff we spoke about:

• Andrew wasn’t kidding about the research regarding the glass of wine a day
• And as much as we are Apple fans, surely where there’s smoke there’s fire?
• Are Apple becoming a bank with their latest product offering? (and no, we don’t mean their Apple Pay Later product)
• But why is Goldman Sachs seemingly getting deeper in with Apple when they are trying to get out of fintech & retail banking at the same time?
• The US regulator has concerns around open banking’s impact on liquidity risk
• How come US bank execs think everything is rosy despite the high loan write offs in Q1?
• The AI and Ethics panel at The Banking Scene conference in Brussels is only one of about 450 reasons you should attend!!!
• Our friends over at Disruption Banking dived into the implications of the UK Financial Services and Markets bill
• A Bank Of America analyst thinks you should go against the old adage this year
• Though it seems a few members of congress hadn’t heard of it anyway — but they sure knew when to sell!!
• Who would have thought that skills from the hospitality industry would be so relevant to financial services?
• Follow the link in this article to read the report that states that 25% of UK businesses were affected by biometric fraud in 2022
• Natwest advises twins not to use face id ………. but Chris thinks it’s all arse

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