“Is Apple moving steadily towards its own payment system? Of course it is — and it’s doing it incrementally. Yesterday Apple announced that it is launching a P2P service for Apple customers, which will be integrated into iMessage, Apple’s own short messaging system.”
“Bank robberies are great case studies for the economics of crime. They’re premeditated affairs in which a perpetrator has evaluated (consciously or not) the rationality of proceeding. “
“Barclays Zimbabwe will be acquired by Malawa-based First Merchant Bank, according to reports, as Barclays moves to divest of its African businesses. Barclays has been operating in Zimbabwe for more than a century.”
“US president Donald Trump has tapped former OneWest CEO Joseph Otting as the next Comptroller of the Currency. The influence of Steven Mnuchin is evident: Mr Otting was chief executive of OneWest at a time when Mr Mnuchin was chair of the bank, which Time magazine described as a “foreclosure machine”.”
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