When the UK’s deputy foreign secretary has to admit that around 40% of all money laundered globally likely flows through London & the Crown Dependencies, you can bet that such an estimate will be on the low side.
There are many reasons that the UK's global reputation is increasingly tarnished & the work in financial services to hide & process criminal/illegal funds is contributing to that malaise.
So much for the value of financial services to the UK
Daten mit "Partnern" Teilen heißt natürlich: Daten verkaufen. Mit Benutzerdaten wird schwunghafter Handel betrieben. Die "Partner" der ersten Stufe verkaufen die Daten weiter, und zwar in beträchtlichem Umfang. So partizipieren plötzlich hunderte andere Firme
I just got emails that sure looked like official messages from my bank saying I'd added a Zelle recipient and sent him a bunch of money.
Of course I didn't click on any of the links; I just went to my bank's website and checked my accounts, and everything is fine. Also: The Zelle messages referenced an account ending in four digits which match none of my bank accounts.
So a warning that fake messages like this are circulating.
Some (qualified) better news on the forced cashless society:
Cash Access UK (set up by the major banks) has committed to have opened 100 community banking hubs by the end of the year. This hubs offer joint services across the constituent banks.
It remains to be seen whether this deal with some of the companies about lack of banking services (including access to cash)... and from a local point of view, when one turns up in the Lune Valley's banking desert.
Frage an diejenigen mit Geschäftskonto hier:
Seid ihr von eurer Bank jemals nach einer Pass-Kopie eines Kunden gefragt worden, um die Rechtmäßigkeit einer Zahlung nachzuweisen?
Well, whether they did or did not, theirs is the first bank to take advantage of the UK's move away from EU regulations (and the scrapping of the cap on bonuses) to reveal that they have now removed their cap on the bonuses Goldman Sachs traders & bankers can earn.
I for one am relieved that untrammelled greed can return to this august institution - after all as Gordon Gecko (albeit a fictional banker) reminded us: greed is good!
Sehe ich das richtig? Bei einigen Sparkassen kostet die Push Nachricht bei Kontobewegung Geld?
Gefühlt sage ich es mir jeden Tag. Ich bin seit dem Knax Konto aus den 90zigern dabei, aber jetzt ist genug. #banking#sparkasse#deutschland
Lloyds Bank have decided that to further their 'strategic transformation' they are going to cut staff in their risk management section, because executives at the bank believe they have been 'blocking' some actions towards transformation.
Its classic managerial messenger shooting... banks know that actually they can really take on dangerous risk (and executive earn big bonuses) as in the end the state will effectively bail them out!
Had trouble understanding what's going on with the unwinding of Quantitive Easing (QE), sometimes referred to as Quantitive Tightening (QT)?
Here's @sjwrenlewis exploring some of the key issues with a critique (the origin sin of QE was Tory austerity) & showing how surpluses from the whole operation have ended up (no surprise, they've landed in the banking sector).
As always SWL is clear on complex issues & makes some stinging points!
I’ve spent over an hour on the phone w/my credit union today for what shouldn’t have been a call in the first place: adding my card to my phone for tap-to-pay. Every other card I’ve added has been a quick, automated process.
Aaaaand by the end of the call, it still wasn’t working.
I really want to support my local credit union, but this is unacceptable. I’ve been trialing Monzo for my pocket money; this may push me over the edge to use it for our joint account as well.
Someone in the IT department of my bank (Komerční banka) is acting smarter than they should be.
When I tried to log in to the Internet banking, I got a message saying that "OS Linux is no longer secure" and recommending that I use an up-to-date OS, e.g. Windows 11.
A night safe in a former bank building in the Govan area of Glasgow. Night safes were introduced in the 1920s as a way to allow businesses to deposit cash outwith the typical banking hours, making them one of the first moves towards to providing 24 hour banking services we now take for granted.
Are you forced by your #bank to use proprietary #apps? Have a look at background shared on the @fsfe 's discussion list by @floriansnow from a #FreeSoftware angle: