Sat.Jul 03, 2021

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Cryptocurrency scam costs online dating user £20,000

TheGuardian

Internet cons have surged in the Covid crisis, with some victims left with little recourse to recover cash In early May, James Evans* met a man on the dating app Grindr. The man, who said his name was David, was friendly and chatty. “It started off as a normal conversation,” says Evans. “We moved to WhatsApp and exchanged messages. After a few days he started telling me about crypto trading and how he could show me how it worked and how I could earn money from it.

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Bank Customer Lifetime Value

Jeff For Banks

Who are your target customers? Answer: XYZ Why are they your target customers? Answer: They are our most profitable customers. May I see your profitability reports that show this? Answer: *crickets* Is "most profitable" the right answer? Aside from my skepticism that the financial institution actually calculates who their most profitable customers are.

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Banks See Higher H1'21 Operating Profit Despite Pandemic

FluentBanking

Lenders were able to make a compelling profit through investments in the capital market during the first half of the current year Despite the disruptions caused by the ongoing Covid-19 pandemic, Bangladeshi banks have seen a rise in operating profits within the first six months of this year. There are currently 60 banks in Bangladesh. According to the data of twenty banks, lenders were able to make a compelling profit through investments in the capital market during the first half of the current

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Can UK banks adopt a Morgan Stanley-style approach to returning to work?

The Banker

The US investment bank is looking to bar non-vaccinated staff from its New York offices, allowing it to remove remaining restrictions. The raises the question of whether UK banks could follow suit under the current legal and regulatory framework.

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Digital Transformation: Accelerating ROI and Growth in Commercial Lending

Now is the time for lenders to prioritize their digital transformation initiatives in preparation for the lending rebound. Rising competition and ever-increasing customer demands for speed and efficiency are forcing financial institutions to embrace digital transformation. This shift can feel overwhelming—where do you begin? This infographic illustrates automation demands and shows you how loan document automation serves as an essential step to increase profits and provide the best lending exper