Sat.May 06, 2023

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Central banks raising interest rates makes it harder to fight the climate crisis | Thomas Ferguson and Servaas Storm

TheGuardian

Higher rates slow the renewable energy transition and shield oil and gas producers from competition by low-carbon producers In late 2021, consumer price inflation surged in many countries. Prices shot up again following Russia’s invasion of Ukraine in February 2022. In response, central banks drastically tightened monetary policy – raising interest rates from near zero to around 5% or more.

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Apple nets $1 billion in deposits | Investment fund created by ChatGPT is smashing the UK’s top 10 funds | JP Morgan scoops up First Republic Bank

Bussman Advisory

FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter with over 50’000 subscribers across different social media channels, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: Apple’s new savings account draws nearly $1B in deposits In first four days An investment fund created by ChatGPT is smashing the UK’s top 10 most popular funds JP Morgan Chase scoo

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The Future of Deposit Growth: A Strategic Approach for Banks, Credit Unions, and Fintechs

Digital Growth Institute

"The fragmentation of deposits has been going on for so long. And it really came to a head with what was called the banking crisis, you know, over the past couple of weeks because fundamentally, we just don't have the same relationships with our customers or members that we used to have." - James White Top three key insights in this article: Leverage data and technology to anticipate and address customer needs with relevant solutions.

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