Read Isabel Woodford's thoughtful piece -> Neobanks gamble with 'buy now, pay later' — but will it make them money? via Sifted sifted.eu/articles/why-n…

Diego Zuluaga Thorough overview & thoughtful analysis Diego Zuluaga For existing BNPLs, key question is how they can carry out affordability checks while maintaining low friction UX. As you point out, current account transaction data (owned directly or via open banking) could be the answer.

.AltFi' editorial is also on the topic of neobank entry into BNPL (& regulatory dimension). altfi.com/article/8328_t…

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This view of crypto is prejudiced and uninformed. Luckily it's a minority view (& I'd be quite surprised if it reflected the institutional position of even a single UK bank). thetimes.co.uk/article/076c39…

Happy National Day of Spain! We call it #DiaDeLaHispanidad, as it celebrates not only our proud peninsula but also its unique global legacy over 529 years, from San Francisco to Santiago (de Chile y de Cuba), from Arizona to Argentina, from Florida to the Philippines. 🇪🇦

An open letter to Saule Omarova, explaining why I disapprove of her plan for "democratizing credit." alt-m.org/2021/10/12/in-… #CBDC

"We [SEC Commissioners] simply have not allowed staff the latitude to consider the hard questions around how crypto can operate within the securities framework." Hester Peirce sec.gov/news/speech/pe…

Great topic and impressive line-up!

Here's Dave "Someone you trust is one of us" Birch with some thoughts on the value and impact of (UK) open banking. I agree with David. forbes.com/sites/davidbir…

Here's TrueLayer's Jack Wilson with a progress report on open banking in UK and EU. Useful stats on user adoption and timelines of what's to come. truelayer.com/blog/psd2-4-ye…

The Fed's "intermediated" CBDC plan is a poor substitute for reforms that would simply allow private- sector DC providers, including nonbanks, to open Master Accounts with it, so they might back their private DCs with 100% Master account balances. alt-m.org/2022/01/22/mis…

With respect to Mr Carstens, I don't think one can assume stablecoin issuers have less incentive than central banks to be interoperable with each other. Excerpt is from Carstens' 18 January speech: bis.org/speeches/sp220…

Insight from Tom Noyes on the commercial impacts of phasing out plastic cards in favour of contactless. Especially relevant for the US market. blog.starpointllp.com/?p=5109

Great from Scott Sumner TheMoneyIllusion on why the 'common sense view' of Fed action and asset prices is wrong econlib.org/selgin-is-righ…