And this delay could apply just for new payees, so most day-to-day payments wouldn’t be affected.
You are Anne and I claim my £5.
Different perspective on the Tesco issues:
They don’t say that, do they? They take issue with the 50p/day overdraft charge, but I think that’s different from repackaging debt, which (to me at least) implies reselling debt or other opaque financial instruments.
I agree 100% with klarna, that product has always worried me. Tried to buy some shoes and it tried to link to klarna with no info what it was
But the monzo overdraft sign up flow and t&c’s is pretty clear
10 posts were merged into an existing topic: Klarna discussion
Here’s Tom’s comments on the Watchdog accusations.
The BBC came to use with a large number of cases and, without crossing the line and tipping off, I’m very confident with the decisions we’re making here.
https://twitter.com/fintechinsiders/status/1190281356292567043?s=21
Another snippet from the same episode, which you can now listen to in full.
Honestly in 95% of cases it is an absolute slam dunk that this is a criminal. And they come up with heartbreaking stories, “I can’t feed my children, I’m going to be made homeless, you’ve done this to me” and I’m sitting there looking at the police reports explaining exactly where the money’s come from, going this is totally incongruous."
https://twitter.com/FinTechInsiders/status/1191370393317236736
already being discussed here
Wonder what’s been changed in this Telegraph article since it was first posted?
Has a byline and date of today, but the URL gives away it was published previously (as does the fact Discourse warns me the link has already been posted in October).
Don’t think he was “groggy on painkillers” last time
I don’t have access to read the full article but from the first few paragraphs before the paywall kicks in
This:
Was changed to this:
Sadly he is still “groggy on painkillers” in both versions
If anyone wants to catch up on the Telegraph’s extensive Monzo coverage of late they’ve taken down their paywall for a limited time:
Interesting, “Monzo wants higher, not lower, staff turnover”: https://uk.finance.yahoo.com/news/monzo-turnover-fintech-talents-bobbi-nicholson-151510038.html
Already covered here:
Today’s Telegraph article on Monzo & Revolut suggests they have the competitive advantage against Google. Amazing statement there and even more so that it is from the Telegraph who have been bashing Monzo for months.
Also in that article, Revolut’s $10bn rumoured future valuation has been reported again as a fact (second time that I recall). I wonder if this is fintech’s worst kept secret or if they are incorrectly reporting a rumour as fact?