Sat.Mar 20, 2021

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Millions of UK bank customers miss out on security checks

TheGuardian

Several banks yet to bring in confirmation of payee, which checks sender is paying the right recipient Millions of UK bank customers are missing out on a vital service designed to help prevent people being scammed by fraudsters. Last year the industry launched confirmation of payee (CoP), a new check that meant anyone trying to transfer money into an account could only do so if they had the holder’s correct name.

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Google to spend $7 billion in data centers in 2021 | Morgan Stanley to offer clients access to bitcoin funds | SPACs raise record quarterly amount

Bussman Advisory

FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: Google to spend $7 billion in data centers and office space in 2021. Morgan Stanley becomes first major U.S. bank to offer clients access to bitcoin funds.

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Metro Phoenix Bank (AZ) Offers Competitive 60-Month CD Special

BankDeals

Metro Phoenix Bank (AZ) has raised the rate on its 60-month CD Special by 25 bps. Minimum opening deposit is $5k of new money. Also as an IRA CD Special.

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