Mastercard a 3-party scheme
The Mastercard Trial: Understanding the Surcharging Debate Major global payment systems like Mastercard, their acquiring banks, and the merchant relationships formed are significant aspects of the financial world. However, one contentious topic has been the issue of surcharging, and its relevance was a matter of intense debate at the recent Mastercard trial. The Australian Competition […]
The Fed, the White House and the skinny accounts
The Federal Reserve, The White House, and Skinny Accounts: A Closer Look The recent developments surrounding the Federal Reserve, so-called “skinny” accounts, and the White House have sparked quite the debate. The situation can be interpreted in two ways – either the Federal Reserve is seeking to bring nonbanks under its regulatory purview, or it […]
Book notes: The art of monetary policy: lessons from Sun Tzu for central banks, by Kristin Forbes
Review of Kristin Forbes’ “The art of Monetary Policy: Lessons from Sun Tzu for Central Banks” In a world where the financial landscape is ever-evolving, Kristin Forbes’ publication; The art of Monetary Policy: Lessons from Sun Tzu for Central Banks, published by The MIT Press in 2026, offers a unique perspective on the approach to […]
The Coffee Run: Inside the battle of the banks for SpaceX’s $1.5tn IPO
The SpaceX IPO: Goldman Sachs vs. Morgan Stanley SpaceX, Elon Musk’s aerospace and AI company, is gearing up for one of the biggest initial public offerings of all time. With 22 banks vying to be a part of this historic event, two have emerged as the frontrunners in the race. Goldman Sachs and Morgan Stanley […]
How to apply for Best RIAs to Work For in 2026
Introduction Financial Planning’s Best RIAs to Work For program is designed to recognize registered investment advisory practices that prioritize creating positive workplace environments and providing excellent benefits for their employees. Participating in the Program Employees of eligible SEC-registered RIAs in the United States are invited to participate in the program by taking the Best RIAs […]
House drops institutional investor ban from housing bill
House Drops Institutional Investor Restriction from Housing Bill House lawmakers have reached a bipartisan agreement on a housing bill, significantly altering a Senate version which included a ban on institutional investors from purchasing single-family homes. The revised bill continues to allow large institutional investors, defined as those that already own 350 homes or more, to […]
Coles prosper with Eftpos
Coles Thrives on Eftpos Exclusivity for In-store Cash Out Transactions Australia’s leading retail corporation, Coles, has been enjoying a net benefit from Eftpos since 2017. This benefit is largely due to the prevalent use of cash out payments among its customers. A resurgence in the demand for and usage of cash has likely further bolstered […]
Remote, purposeful work distinguish top fintech workplaces
Amidst the rapidly evolving FinTech landscape, three pivotal trends highlight the success of the industry’s top employers: remote work, meaningful work, and autonomy. These principles are not only shaping the future of FinTech, but also setting a new paradigm for the entire banking sector. As these trends gain traction, legacy financial institutions that adhere to […]
Goldman Sachs to pay shareholders $500M in 1MDB settlement
Goldman Sachs Settles Class-Action Lawsuit for $500 Million Goldman Sachs has agreed to pay $500 million to settle a class-action lawsuit that accused the bank of misleading shareholders about its involvement with the Malaysian sovereign wealth fund 1MDB. The settlement was disclosed by plaintiffs’ attorneys in a court filing on Wednesday, following an agreement reached […]
US banks have proven AI works -scaling it is now the real test
After extensive experimentation and application, American banks have conclusively demonstrated that artificial intelligence (AI) is not just a promising technology, but a crucial business capability. As AI becomes more integrated in core banking operations, figures show that the US AI in banking market is predicted to grow from $14.5 billion in 2022 to a whopping […]