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Today's news headlines with Sophie Mei Lan Malin:<br/><br/>- Yorkshire Building Society defends £2.5m golden hello to new CEO Susan Allen as 'common practice'<br/>Yorkshire Building Society has defended a £2.5m 'golden hello' payment to incoming chief executive Susan Allen as \
⏲ 1:49 👁 10.2M
Graham Stephan
⏲ 19 minutes 57 seconds 👁 229.7K
Cardinal Financial Company, Limited Partnership
⏲ 4 minutes 42 seconds 👁 318
<p>On this week's episode of Yahoo Finance Future Focus, our host Brian McGleenon spoke to BCB Group Chief Product Officer Ashley Pope about the transformative impact of blockchain's settlement capabilities on established financial institutions.<br><br>Pope highlighted how blockchain facilitates near-instantaneous settlement, driving traditional market players to adapt rapidly to evolving client expectations. He emphasised that the expectation for instant settlement, inherent in the cryptocurrency sphere, is gradually permeating into traditional finance. This trend is fueled by evolving user needs, ultimately aiming for a world where value moves at the speed of the Internet.<br><br>To bridge this gap, traditional financial incumbents are exploring innovative solutions, such as Visa's stablecoin settlement for merchants and JP Morgan's initiatives like Onyx to enhance liquidity in private markets. Additionally, the UK government's plan to oversee fiat-backed stablecoins signals a broader trend towards embracing crypto-inspired settlement mechanisms.<br><br>Pope discussed a diverse range of settlement options, including stablecoins, native cryptocurrencies like bitcoin and litecoin, and existing payment rails like FPS in the UK and SEPA in Europe. He also noted how blockchain providers are also offering cross-border payment solutions, exemplified by Ripple's On-Demand Liquidity service.</p>
⏲ 7:41 👁 16M
Cardinal Financial Company, Limited Partnership
⏲ 1 minute 43 seconds 👁 697
Unshakeable Productions
⏲ 2 minutes 17 seconds 👁 221
MrBeast, the popular YouTuber and philanthropist, has recently made headlines for opening a revolutionary new bank that offers free money to people in need. The bank, aptly named Bank Banks, has been making waves in the financial industry for its unique approach to lending.<br/><br/>Unlike traditional banks that require collateral and charge interest on loans, Bank Banks gives out loans to those who need it most without any strings attached. This means that individuals who are struggling to make ends meet can get the financial support they need without having to worry about paying it back.<br/><br/>What's more, Bank Banks also offers free money to anyone who walks through its doors. This has been especially beneficial for those who are facing financial hardships due to the COVID-19 pandemic. With many people losing their jobs and struggling to put food on the table, Bank Banks has become a lifeline for many families.<br/><br/>MrBeast has always been known for his generous philanthropy, and Bank Banks is just another example of his commitment to helping others. By providing free money and no-strings-attached loans, he is giving people the opportunity to turn their lives around and get back on their feet.<br/><br/>Overall, Bank Banks is a game-changer in the financial industry, and MrBeast's vision for a better, more equitable world is something that we can all get behind. With more institutions like this, we can work towards a society where everyone has access to the resources and support they need to thrive.
⏲ 10:38 👁 20K
Tom Lewis
⏲ 3 minutes 29 seconds 👁 21
Cardinal Financial Company, Limited Partnership
⏲ 45 seconds 👁 266
Javier Vidana
⏲ 15 minutes 30 seconds 👁 30.7K
Pennies Not Perfection
⏲ 6 minutes 26 seconds 👁 2.2K
The William Lee Show
⏲ 10 minutes 7 seconds 👁 120K
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