16 stories tagged banking, newest first.
373 points by paweladamczuk | 207 comments
Neowin news article reporting a Google Cloud outage disrupting HSBC, Revolut, Bank of Scotland, Lloyds, Equifax and other European services.
76 points by baal80spam | 88 comments
BBC News report on a Revolut outage affecting multiple services, with thousands of users reporting problems with the banking app.
60 points by fascinnn | 57 comments
Fox & Lion analysis article on UK banks refusing accounts to defence start-ups due to ESG screening and anti-money laundering checks.
341 points by smartmic | 237 comments
Startup Fortune article reporting that JPMorgan, MUFG and other banks are struggling to distribute $38 billion in construction debt for Oracle-leased AI data centers.
530 points by DeepLogin | 383 comments
ClassAction.org news article on a new lawsuit (The Pizza Standard LLC v. Visa Inc.) accusing Visa, Mastercard and major banks of anticompetitive merchant card fees.
98 points by Brajeshwar | 78 comments
MacRumors article reporting that an antitrust lawsuit accusing Apple of blocking tap-to-pay competition is advancing, letting banks and credit unions sue together.
349 points by Markoff | 381 comments
Traders Union news article reporting that Deutsche Bank has become the first foreign bank in Europe approved to clear yuan transactions.
502 points by colinprince | 527 comments
Substack essay by David Oks arguing that ATMs did not eliminate bank teller jobs but smartphone mobile banking did, exploring how automation replaces labor.
375 points by personjerry | 307 comments
Reuters news article reporting Capital One's agreement to acquire fintech firm Brex for $5.15 billion.
617 points by jcartw | 683 comments
The Economist article on how Brazil's central-bank-run Pix instant payments system has come to dominate payments, shaking up banking but concentrating power.
1220 points by disgruntledphd2 | 705 comments
A Bits about Money essay by Patrick McKenzie (patio11) explaining how credit card rewards programs work and are funded.
517 points by arkadiyt | 370 comments
Bits about Money essay by Patrick McKenzie, published November 2023, on how banks perceive and process the world and their customers.
455 points by ljosa | 653 comments
New York Times article explaining why banks are abruptly closing individual and small-business customer accounts, leaving people unable to pay rent and bills.
473 points by chapulin | 527 comments
An Atlantic essay by Ganesh Sitaraman arguing airlines now earn more from mileage programs and credit card partnerships than from flying planes.
1137 points by lavp | 704 comments
Federal Reserve press release from July 20, 2023 announcing that its FedNow instant payments service is now live.
739 points by A_D_E_P_T | 290 comments
An Observable notebook by Mike Bostock visualizing historical US bank failures using FDIC data, sortable by date or size.