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Sweden’s Central Bank Floats E-Krona As Digital Currency

PYMNTS

Sweden’s Riksbank is assessing e-krona, a new form of digital currency that hopes to take the country a step closer to the creation of the world’s first central bank digital currency (CBDC), according to reports on Thursday (Feb. CBDCs are a digital form of traditional money issued and governed by a country’s central bank.

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You’re Living in a World Wrought by Central Banks. Notice Anything Wrong?

CFO News Room

In an interview with Lynn Parramore of the Institute for New Economic Thinking, Nomi Prins takes up and extends the argument that she has made over a series of books, that central bankers are ever-more administering policies that are good for the markets but very bad for the real economy and real people. economy and Wall Street.

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Zest AI CEO: Artificial Intelligence Is Reshaping Lending and Credit

PYMNTS

It’s here now and being used to make good banks better — whether to eliminate discrimination in lending decisions, add stability to existing screening systems or drive loan growth and profits. Ensuring Inclusive Banking. He said everyone in banking — from small credit unions to giant U.S. It’s not an idea, it’s not a postulate.

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10 Friday AM Reads

Barry Ritholtz

Most economic downturns hit lower-income Americans hardest, but this time is different. Wall Street Journal ) • From Math Camp to Handcuffs: FTX’s Downfall Was an Arc of Brotherhood and Betrayal : Gary Wang and Sam Bankman-Fried are offering dueling accounts of the FTX fiasco and of who’s ultimately to blame.

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Links 11/5/2022 | naked capitalism

CFO News Room

The United States may start losing talented H1-B visa holders to Canada Economic Times. Alexander Mercouris speculates that a reason for wanting civilians out is that the west bank is being prepared as the launching point for an offensive to take points west, eventually Odessa. Can Elon Musk Make the Math Work on Owning Twitter?

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10 Weekend Reads

Barry Ritholtz

KCP Group ). • Your Career Is Just One-Eighth of Your Life : Five pieces of career advice, shaped by economics, psychology, and a little bit of existential math. ( She is on various “Most Powerful Women in Finance lists” including American Banker, Crains Rising Stars in Banking & Finance 2020. The Atlantic ). •

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10 Friday AM Reads

Barry Ritholtz

Bloomberg ) • Remote Banking Crisis: Banks tried to kill remote work. Now, remote work is trying to kill banks. In 2021, banks tried to kill remote work. ” In 2023, remote work is threatening to kill banks. .” ” In 2023, remote work is threatening to kill banks.

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