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In many other countries, excluding the United States, corrupt bankers are often brought to task by their respective governments. The most recent example of a corrupt banker being held accountable comes out of Spain, where the former head of the International Monetary Fund (IMF), Rodrigo Rato, was sentenced to four years and six months behind bars. 10 more words
Everyone who’s ever borrowed money to buy a car or a house or applied for a credit card or any other personal loan has a credit file. 587 more words
From contactless to compliance: preparation is crucial for the next stage of the payments revolution
In the UK, the amount spent by shoppers using contactless soared by 166% in 2016, with half of Britons now using contactless payments at least once a month. 39 more words
Something is taking shape today in the world of financial technology, if we connect the dots.
After talking to technologists involved in prominent financial technology startups and platforms, a stark realisation has set in on the limits of what fintech can actually accomplish. 561 more words