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Deutsche Bank and Commerzbank: the sick dogs of Europe #Brexit

Chris Skinner

Watching the debacle of the #Brexit debate in Britain, you might think that the UK is in a national meltdown. According to a survey on the front of Metro this week, 9 out of 10 Brits think that the political handling of Brexit is a national humiliation.

Metro 352
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Deutsche Bank and Commerzbank: the sick dogs of Europe #Brexit

Chris Skinner

Watching the debacle of the #Brexit debate in Britain, you might think that the UK is in a national meltdown. According to a survey on the front of Metro this week, 9 out of 10 Brits think that the political handling of Brexit is a national humiliation.

Metro 324
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Banks can take cues from challengers on digital customer acquisition: Gartner

Bank Innovation

Gartner’s Digital IQ Index for 2019 surveyed 80 banking and financial brands, including national banks, regional banks, online banks and fintech startups. It examined 1,200 data […].

Regional 273
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Restaurant Industry: Over Half-Million Eateries In ‘Economic Free Fall’

PYMNTS

Over 110,000 restaurants have shuttered since the start of the COVID-19 pandemic and another 500,000-plus establishments are in an "economic free fall," the National Restaurant Association said in a letter to Congress. The survey included 6,000 restaurant operators and 250 supply chain businesses Nov.

Industry 226
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Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars

PYMNTS

Notably, China’s central bank is already developing and testing a national digital currency in the Asian nation. Meanwhile, Mester said that a Fed survey of consumers taken in May found that Americans had increased their cash holdings during the pandemic.

Cleveland 330
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Today In Payments Around The World: Ant Eyes Credit Unit Overhaul; FCA Releases Pandemic Resiliency Survey Data

PYMNTS

China’s Ant Group is considering the formation of a new consumer loan division that would let it continue to provide loans across the nation while adhering to new Chinese banking rules. The company intends to harness the infusion for outreach to more small companies throughout the nation, among other purposes.

Survey 172
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Big Tech Compliance Tracker: Europe Plans To Release Drafts Of Digital Regulation Legislation; UN Initiative To Tax Big Tech In Developing Nations Gains Momentum

PYMNTS

UN Committee Indicates Support For Initiative To Tax Big Tech In Developing Nations. The United Nation’s Tax Committee of Experts has indicated support for an initiative to assist developing nations in taxing Big Tech, Bloomberg Tax reported on Wednesday (Oct. The committee voted 12-10 Friday (Oct. and Facebook Inc. each month.

Taxes 212