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#financial-services — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #financial-services, aggregated by home.social.

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  1. Investors gave Capital Guard $17 million for a bond scheme that didn't exist
    By Fiona Willan

    Everyday Australians who invested their retirement savings and inheritances with a wealth management company fear they have lost everything after the company's licence was cancelled for selling bank bonds that didn’t exist.

    abc.net.au/news/2026-07-29/cap

    #ScamsandFraud #FinancialServices #PersonalFinance #FionaWillan

  2. Investors gave Capital Guard $17 million for a bond scheme that didn't exist
    By Fiona Willan

    Everyday Australians who invested their retirement savings and inheritances with a wealth management company fear they have lost everything after the company's licence was cancelled for selling bank bonds that didn’t exist.

    abc.net.au/news/2026-07-29/cap

    #ScamsandFraud #FinancialServices #PersonalFinance #FionaWillan

  3. KPMG to be grilled at parliamentary inquiry on secretly stashing client files
    By Nassim Khadem

    Accounting firm KPMG will be hauled before a federal inquiry to answer further questions about why one of its former employees stored printed copies of confidential Lendlease board documents in her locker and shared them with her colleagues to win audit contracts.

    abc.net.au/news/2026-07-28/kpm

    #AccountingandAuditingServices #FinancialServices #BusinessandIndustryRegulation #FederalParliament #CorporateGovernance #ConsumerProtection #NassimKhadem

  4. KPMG to be grilled at parliamentary inquiry on secretly stashing client files
    By Nassim Khadem

    Accounting firm KPMG will be hauled before a federal inquiry to answer further questions about why one of its former employees stored printed copies of confidential Lendlease board documents in her locker and shared them with her colleagues to win audit contracts.

    abc.net.au/news/2026-07-28/kpm

    #AccountingandAuditingServices #FinancialServices #BusinessandIndustryRegulation #FederalParliament #CorporateGovernance #ConsumerProtection #NassimKhadem

  5. For those of you missing Bite Size Economics, I have taken a pause (which might be some time, I have another series of daily posts in mind), but I will still be happy to respond to questions & comments related to the forty posts (thirty statements & ten examples)....

    For those who've not seen them, the posts are all collected under the hashtag: #BiteSizeEconomics

    #economics #politics #FinancialServices #markets #workers #IntellectualProperty #corporations #trade #tariffs #PoliticalEconomy

  6. For those of you missing Bite Size Economics, I have taken a pause (which might be some time, I have another series of daily posts in mind), but I will still be happy to respond to questions & comments related to the forty posts (thirty statements & ten examples)....

    For those who've not seen them, the posts are all collected under the hashtag: #BiteSizeEconomics

    #economics #politics #FinancialServices #markets #workers #IntellectualProperty #corporations #trade #tariffs #PoliticalEconomy

  7. If I was to nominate one key political economic shift that underlies many of our problems it would be this:

    when the financial services sector went from being facilitative of business activity, to being a business 'activity' all of its own.... that's when the tail started wagging the dog & we've been paying the price (to the bankers) ever since.

    #FinancialServices #politics #capitalism

  8. If I was to nominate one key political economic shift that underlies many of our problems it would be this:

    when the financial services sector went from being facilitative of business activity, to being a business 'activity' all of its own.... that's when the tail started wagging the dog & we've been paying the price (to the bankers) ever since.

    #FinancialServices #politics #capitalism

  9. Financial decisions carry more trust than almost any other purchase. Our new guide covers how financial services firms in Egypt can build entity authority, SEO and AI search visibility that earns client trust before the first conversation.
    Read more: outsourcing-eg.com/digital-mar
    #FinancialServices #DigitalMarketing #AISearch #Egypt #5DOutsourcing #FinanceMarketing

    outsourcing-eg.com/digital-mar

  10. Financial decisions carry more trust than almost any other purchase. Our new guide covers how financial services firms in Egypt can build entity authority, SEO and AI search visibility that earns client trust before the first conversation.
    Read more: outsourcing-eg.com/digital-mar
    #FinancialServices #DigitalMarketing #AISearch #Egypt #5DOutsourcing #FinanceMarketing

    outsourcing-eg.com/digital-mar

  11. VISA initiates a "beta" release of "VISA Stablecoin Platform" (VSP) an expansion of its stablecoin infrastructure to support its network of ~ 15,000 financial institutions ~ 200M merchants.

    Participating institutions can mint, burn, hold, redeem, and transfer the OUSD stabelcoin to enable them to embed stablecoin capabilities into treasury, liquidity, and payment operations.

    Further, clients can use Visa’s Wallet-as-a-Service infrastructure or connect existing wallets while linking bank accounts and establishing internal approval policies.

    VISA clams the platform includes dual-control authorization, audit logging, secure passkeys and transfer allow lists designed to satisfy institutional governance and security requirements. news.bitcoin.com/visa-stableco #VISA #Crypto #Stablecoins #OUSD #CryptoCurrencies #Blockchain #FinancialServices #CryptoWallets #VSP #Security #Treasury #Liquidity #Banking #Credit

  12. VISA initiates a "beta" release of "VISA Stablecoin Platform" (VSP) an expansion of its stablecoin infrastructure to support its network of ~ 15,000 financial institutions ~ 200M merchants.

    Participating institutions can mint, burn, hold, redeem, and transfer the OUSD stabelcoin to enable them to embed stablecoin capabilities into treasury, liquidity, and payment operations.

    Further, clients can use Visa’s Wallet-as-a-Service infrastructure or connect existing wallets while linking bank accounts and establishing internal approval policies.

    VISA clams the platform includes dual-control authorization, audit logging, secure passkeys and transfer allow lists designed to satisfy institutional governance and security requirements. news.bitcoin.com/visa-stableco

  13. Aussie investors fear millions in losses as alleged fake bond scheme unravels
    By Alex Turner-Cohen

    The financial watchdog is seeking to shut down an investment company accused of taking $17 million from 80 victims, including by promoting fake bonds.

    abc.net.au/news/2026-07-14/asi

    #FinancialServices #ConsumerProtection #CompanyNews #CorporateGovernance #AlexTurnerCohen

  14. Aussie investors fear millions in losses as alleged fake bond scheme unravels
    By Alex Turner-Cohen

    The financial watchdog is seeking to shut down an investment company accused of taking $17 million from 80 victims, including by promoting fake bonds.

    abc.net.au/news/2026-07-14/asi

    #FinancialServices #ConsumerProtection #CompanyNews #CorporateGovernance #AlexTurnerCohen

  15. 1/3
    Regular readers will remember The Douglas Exposure (3 June). I asked the IOMFSA whether it models algorithmic index-inclusion contagion as a distinct risk category. The Isle of Man holds £88.1bn in life wrapper assets. Nasdaq fast entry means SpaceX inclusion lands as early as this week. haunted.lighthouse.co.im/artic #IsleOfMan #FinancialServices #DigitalSovereignty

  16. I've said this before but the best metaphor for being cautious when deregulating is this:

    'before tearing down a fence, ask why it was put up in the first place'....

    And yes, I'm looking at you Bank of England folk.

    #politics #regulation #FinancialServices