Saturday, 13 February 2021

GameStop trading frenzy being probed for misconduct


The trading frenzy that saw unexpected surges in GameStop, AMC and other stocks has now got the attention of federal regulators who are now investigating the rally for market manipulation or other misconduct, The Wall Street Journal reported on Tuesday (Feb. 11), citing sources.

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Friday, 12 February 2021

Wednesday, 10 February 2021

What is Banking as a Service?

Banking as a Service is used by the likes of Chime, Monzo, and so many more online banks and financial service providers.

So, what exactly is Banking as a Service (BaaS)?

Well, it’s the provision of complete banking processes as a service using an existing licensed bank’s secure and regulated infrastructure, with modern API-driven platforms from a specialist provider. These providers partner with those banks, and then BaaS lets almost any brand to embed financial services into their customer experience​. And that might sound complicated - but it doesn’t have to be. Here to give you a run-down of BaaS is 11:FS Head of Ventures Simon Taylor.

“Must Reads” for 10 February

Today’s “Must reads” in banking, fintech, payments, cybersecurity and risk management include:
 
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