Our editors reveal their favourite stories from this week's press.
Finance Magnates
This week, our editors have contributed a selection of their favourite articles discussing a range of topics including a cashless society, YouTube censorship, Deutsche Bank's woes and Lego's bright future.
We start with Michael Pearl, who shares with us his favourite article of the week...
A Less-Cash Society
The cashless society vision has been for years a popular notion amongst some academics and pundits. But recently this idea has been gaining an increasing popularity.
Michael Pearl Head Of Business Intelligence
The use of cash has been decreasing at a steady pace over the last three decades with the growth of Payments technology, up to the point that it has become an esoteric practice in some places.
In Sweden, for instance, less than two percent of transactions in 2015 were conducted in cash.
Beyond this trend, some governments (headed by the Scandinavian countries) and financial institutions have openly announced their will to go all the way.
You cannot use cash in the Swedish public transportation. In Denmark and Sweden, a vendor can legally refuse to sell to you if you don't use your credit card. The same goes for Norwegian banks.
There are many reasons to go fully digital with respect to currency, from assisting the war on drugs and terror to improving the collection of taxes.
On the other hand, old habits die hard. Most of us are reluctant to buy a hot-dog or a newspaper on the street with our Visa. In other cases, some areas and layers of society lag behind with respect to the payments technology.
In a recent article promoting his new book, the American economist Kenneth Rogoff has ilustrated his vision of an almost cashless society. Rogoff, a long-standing advocate of "de-cashing" the global economies, has claimed in the exclusive op-ed source Project Syndicate that this move is both feasible and necessary.
Rogoff believes that beyond eliminating the wrong-doings that cash funds, such a move will also raise some $700 billion for the US national coffers, and many more to the EU.
He basically suggests gradually phasing out large sum banknotes, similar to what the ECB did recently with the 500 EUR note, and eventually leaving only notes under $10 in circulation.
This move, he claims, will allow a small portion of trade using cash, but will make the abuse of the cash transactions much harder.
YouTube Censorship
This week I'll suggest you read “YouTube's "ad-friendly" content policy may push one of its biggest stars off the website” over at Vox.
Avi Mizrahi Editor
Years ago the internet was mostly a flat space where anyone could have equal access to consume and disseminate information. Sadly, today just a handful of companies, Facebook and Google chief among these, control the majority of online traffic.
People and companies have come to depend so much on this cartel that not being on their platforms is almost equal to not being online at all.
From time to time we get examples of how capricious decisions by these giants can upend entire business ecosystems, and now is the turn of YouTube to show users the dangers of trusting an unchallenged monopoly with your work.
Starting as a website where everyone can share their cat videos, Google-controlled YouTube is now a platform where many have broadcasting careers and its old slogan "Broadcast Yourself" has long been retired.
Now the company has unilaterally decided it can prevent these content creators from making any money if they deem the contact not ad worthy, over everything from using foul language to reporting on wars and disasters.
What makes this even worse is that it appears to target videos completely at random from the independent creators point of view.
It is also hypocritical as YouTube benefits from super successful rap videos with very explicit images and lyrics but might destroy the livelihood of a blogger if he somehow talked about anything even mildly controversial.
Troubled Waters for Deutsche
The New Yorker is delving into the world of high finance once more. Mirror trading has been at the core of a $10 billion scandal that has put Deutsche Bank even deeper in trouble than it already is.
The German lender has been serving as a facilitator for fraudulent transactions between corporate entities in Russia and offshore which have been funneling money outside of the country.
Victor Golovtchenko Senior Editor
The shift into more aggressive business lines for Deutsche Bank in light of its shift of power from the corporate headquarters in Frankfurt to risk-hungry London has changed the company’s risk profile.
One of the main reasons why the bank has accumulated massive derivatives exposures which are affecting the firm’s share price are low interest rates introduced by the European Central Bank (ECB).
How European monetary authorities will manage the €21 trillion derivatives exposure of Germany’s largest lender remains to be seen, but political pressure to punish the bank for wrongdoing on multiple fronts is going to be increasing after the revelations from the latest banking heist.
In the aftermath of the great financial crisis of 2008, Deutsche Bank has been fined over $9 billion by multiple regulators globally.
The charges against the bank included precious metals price manipulation, mortgage fraud, U.S. sanctions violations and LIBOR and FX manipulation.
Will the top German lender be able to rein in its books and rebound after its shares are trading close to thirty year lows - only the new management of the company has the power to show us.
Build It Higher
I’d like to end on a light-hearted note, so my chosen article this week is “Lego is so popular, it can’t keep up with demand”. In this high-tech age where you might believe that Lego is, well... uncool, I was somewhat surprised to learn that the plastic bricks manufacturer simply can’t keep up with demand.
Rosemary Barnes Editor
Although Lego’s sales slowed down during the first half of 2016, it wasn’t because its popularity started to wane. It was in fact, the opposite - the colourful bricks are more popular than ever.
The company experienced strong sales in 2015, in fact, but had trouble meeting demand and decided to pull back on its marketing after the company’s CFO, John Goodwin acknowledged that the rapid growth had begun to put pressure on Lego’s factories around the world.
This year, however, the company is planning to get back on track for the upcoming holiday season and has begun to plan for a future of continued strong demand.
That ends another week of stories that our editors are reading. Feel free to share your views in the comment section and any recommendations of your own. We look forward to hearing your opinions!
This week, our editors have contributed a selection of their favourite articles discussing a range of topics including a cashless society, YouTube censorship, Deutsche Bank's woes and Lego's bright future.
We start with Michael Pearl, who shares with us his favourite article of the week...
A Less-Cash Society
The cashless society vision has been for years a popular notion amongst some academics and pundits. But recently this idea has been gaining an increasing popularity.
Michael Pearl Head Of Business Intelligence
The use of cash has been decreasing at a steady pace over the last three decades with the growth of Payments technology, up to the point that it has become an esoteric practice in some places.
In Sweden, for instance, less than two percent of transactions in 2015 were conducted in cash.
Beyond this trend, some governments (headed by the Scandinavian countries) and financial institutions have openly announced their will to go all the way.
You cannot use cash in the Swedish public transportation. In Denmark and Sweden, a vendor can legally refuse to sell to you if you don't use your credit card. The same goes for Norwegian banks.
There are many reasons to go fully digital with respect to currency, from assisting the war on drugs and terror to improving the collection of taxes.
On the other hand, old habits die hard. Most of us are reluctant to buy a hot-dog or a newspaper on the street with our Visa. In other cases, some areas and layers of society lag behind with respect to the payments technology.
In a recent article promoting his new book, the American economist Kenneth Rogoff has ilustrated his vision of an almost cashless society. Rogoff, a long-standing advocate of "de-cashing" the global economies, has claimed in the exclusive op-ed source Project Syndicate that this move is both feasible and necessary.
Rogoff believes that beyond eliminating the wrong-doings that cash funds, such a move will also raise some $700 billion for the US national coffers, and many more to the EU.
He basically suggests gradually phasing out large sum banknotes, similar to what the ECB did recently with the 500 EUR note, and eventually leaving only notes under $10 in circulation.
This move, he claims, will allow a small portion of trade using cash, but will make the abuse of the cash transactions much harder.
YouTube Censorship
This week I'll suggest you read “YouTube's "ad-friendly" content policy may push one of its biggest stars off the website” over at Vox.
Avi Mizrahi Editor
Years ago the internet was mostly a flat space where anyone could have equal access to consume and disseminate information. Sadly, today just a handful of companies, Facebook and Google chief among these, control the majority of online traffic.
People and companies have come to depend so much on this cartel that not being on their platforms is almost equal to not being online at all.
From time to time we get examples of how capricious decisions by these giants can upend entire business ecosystems, and now is the turn of YouTube to show users the dangers of trusting an unchallenged monopoly with your work.
Starting as a website where everyone can share their cat videos, Google-controlled YouTube is now a platform where many have broadcasting careers and its old slogan "Broadcast Yourself" has long been retired.
Now the company has unilaterally decided it can prevent these content creators from making any money if they deem the contact not ad worthy, over everything from using foul language to reporting on wars and disasters.
What makes this even worse is that it appears to target videos completely at random from the independent creators point of view.
It is also hypocritical as YouTube benefits from super successful rap videos with very explicit images and lyrics but might destroy the livelihood of a blogger if he somehow talked about anything even mildly controversial.
Troubled Waters for Deutsche
The New Yorker is delving into the world of high finance once more. Mirror trading has been at the core of a $10 billion scandal that has put Deutsche Bank even deeper in trouble than it already is.
The German lender has been serving as a facilitator for fraudulent transactions between corporate entities in Russia and offshore which have been funneling money outside of the country.
Victor Golovtchenko Senior Editor
The shift into more aggressive business lines for Deutsche Bank in light of its shift of power from the corporate headquarters in Frankfurt to risk-hungry London has changed the company’s risk profile.
One of the main reasons why the bank has accumulated massive derivatives exposures which are affecting the firm’s share price are low interest rates introduced by the European Central Bank (ECB).
How European monetary authorities will manage the €21 trillion derivatives exposure of Germany’s largest lender remains to be seen, but political pressure to punish the bank for wrongdoing on multiple fronts is going to be increasing after the revelations from the latest banking heist.
In the aftermath of the great financial crisis of 2008, Deutsche Bank has been fined over $9 billion by multiple regulators globally.
The charges against the bank included precious metals price manipulation, mortgage fraud, U.S. sanctions violations and LIBOR and FX manipulation.
Will the top German lender be able to rein in its books and rebound after its shares are trading close to thirty year lows - only the new management of the company has the power to show us.
Build It Higher
I’d like to end on a light-hearted note, so my chosen article this week is “Lego is so popular, it can’t keep up with demand”. In this high-tech age where you might believe that Lego is, well... uncool, I was somewhat surprised to learn that the plastic bricks manufacturer simply can’t keep up with demand.
Rosemary Barnes Editor
Although Lego’s sales slowed down during the first half of 2016, it wasn’t because its popularity started to wane. It was in fact, the opposite - the colourful bricks are more popular than ever.
The company experienced strong sales in 2015, in fact, but had trouble meeting demand and decided to pull back on its marketing after the company’s CFO, John Goodwin acknowledged that the rapid growth had begun to put pressure on Lego’s factories around the world.
This year, however, the company is planning to get back on track for the upcoming holiday season and has begun to plan for a future of continued strong demand.
That ends another week of stories that our editors are reading. Feel free to share your views in the comment section and any recommendations of your own. We look forward to hearing your opinions!
Aussie Regulator Ramps Up Pump-and-Dump Scheme Warning after Conviction of Four
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
OnePrime’s Jerry Khargi on Infrastructure, Liquidity & Trust | Executive Interview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
Recorded live at FMLS:25 London, this exclusive executive interview features Jerry Khargi, Executive Director at OnePrime, in conversation with Andrea Badiola Mateos from Finance Magnates.
In this in-depth discussion, Jerry shares:
- OnePrime’s journey from a retail-focused business to a global institutional liquidity provider
- What truly sets award-winning trading infrastructure apart
- Key trends shaping institutional trading, including technology and AI
- The importance of transparency, ethics, and reputation in long-term success
- OnePrime’s vision for growth over the next 12–24 months
Fresh from winning Finance Magnates’ Best Trading Infrastructure Broker, Jerry explains how experience, mentorship, and real-world problem solving form the “special sauce” behind OnePrime’s institutional offering.
🏆 Award Highlight: Best Trading Infrastructure Broker
👉 Subscribe to Finance Magnates for more executive interviews, market insights, and exclusive coverage from the world’s leading financial events.
#FMLS25 #FinanceMagnates #OnePrime #InstitutionalTrading #Liquidity #TradingInfrastructure #ExecutiveInterview
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
How does the Finance Magnates newsroom decide which updates are worth covering? #financenews
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
What makes an update worth covering in financial media?
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, editorial focus starts with relevance: stories that serve the industry, support brokers and technology providers, and help decision-makers navigate their businesses.
A reminder that strong financial journalism is built on value, not volume.
Liquidity as a Business: How Brokers Can Earn More
Liquidity as a Business: How Brokers Can Earn More
This webinar will focuses on how brokers can create new revenue streams by launching or enhancing their liquidity business.
John Murillo, Chief Dealing Officer of the B2BROKER group, covers how:
- Retail brokers can launch their own B2B arm to distribute liquidity and boost profitability.
- Institutional brokers can upgrade their liquidity offering and strengthen their market position.
- New entrants can start from scratch and become liquidity providers through a ready-made turnkey solution.
Hosted by B2BROKER, a global fintech provider of liquidity and technology solutions, the session will reveal how to monetize liquidity, accelerate business growth, and increase profitability using the Liquidity Provider Turnkey solution.
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: / https://www.linkedin.com/company/financemagnates/
👍 Facebook: / https://www.facebook.com/financemagnates/
📸 Instagram: / https://www.instagram.com/financemagnates_official/?hl=en
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag...
▶️ YouTube: / @financemagnates_official
This webinar will focuses on how brokers can create new revenue streams by launching or enhancing their liquidity business.
John Murillo, Chief Dealing Officer of the B2BROKER group, covers how:
- Retail brokers can launch their own B2B arm to distribute liquidity and boost profitability.
- Institutional brokers can upgrade their liquidity offering and strengthen their market position.
- New entrants can start from scratch and become liquidity providers through a ready-made turnkey solution.
Hosted by B2BROKER, a global fintech provider of liquidity and technology solutions, the session will reveal how to monetize liquidity, accelerate business growth, and increase profitability using the Liquidity Provider Turnkey solution.
📣 Stay updated with the latest in finance and trading! Follow Finance Magnates across our social media platforms for news, insights, and event updates.
Connect with us today:
🔗 LinkedIn: / https://www.linkedin.com/company/financemagnates/
👍 Facebook: / https://www.facebook.com/financemagnates/
📸 Instagram: / https://www.instagram.com/financemagnates_official/?hl=en
🐦 X: https://x.com/financemagnates?
🎥 TikTok: https://www.tiktok.com/tag/financemag...
▶️ YouTube: / @financemagnates_official
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
How FYNXT is Transforming Brokerages with Modular Tech | Executive Interview with Stephen Miles
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Join us for an exclusive interview with Stephen Miles, Chief Revenue Officer at FYNXT, recorded live at FMLS:25. In this conversation, Stephen breaks down how modular brokerage technology is driving growth, retention, and efficiency across the brokerage industry.
Learn how FYNXT's unified yet modular platform is giving brokers a competitive edge—powering faster onboarding, increased trading volumes, and dramatically improved IB performance.
🔑 What You'll Learn in This Video:
- The biggest challenges brokerages face going into 2026
- Why FYNXT’s modular platform is outperforming in-house builds
- How automation is transforming IB channels
- The real ROI: 11x LTV increases and reduced acquisition costs
👉 Don’t forget to like, comment, and subscribe.
#FYNXT #StephenMiles #FMLS2025 #BrokerageTechnology #ModularTech #FintechInterview #DigitalTransformation #FinancialMarkets #CROInterview #FintechInnovation #TradingTechnology #IndependentBrokers #FinanceLeaders
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
Executive Interview | Charlotte Bullock | Chief Product Officer, Bank of London | FMLS:25
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
In this interview, we sat down with Charlotte Bullock, Head of Product at The Bank of London, previously at SAP and now shaping product at one of the sector’s most ambitious new banking players.
Charlotte reflects on the Summit so far and talks about the culture inside fintech banks today. We look at the pressures that come with scaling, and how firms can hold onto the nimble approach that made them stand out early on.
We also cover the state of payments ahead of her appearance on the payments roundtable: the blockages financial firms face, the areas that still need fixing, and what a realistic solution looks like in 2026.
