SET Training - Banking and Fintech

This weekend, the streets turned into a scene straight out of a comedy caper as throngs of folks queued up at Barclays' ATMs, all in a bid to snag some 'free cash' thanks to a digital debacle in the bank's mobile and online services. Apparently, when Barclays' tech took an unscheduled nap, TikTok took the stage, turning a technical glitch into the latest treasure hunt! Imagine the chaos—people frantically tapping their phones, only to realize that the real action was happening at the cold, hard, cash-dispensing machines.  It's like the universe decided to give us a live-action version of "Monopoly: Bank Error in Your Favor, Collect £200." I bet there were some folks who thought they'd finally cracked the banking system only to find out they were just part of a viral dance with cash. And let's not forget the poor bank employees, probably thinking, "Well, we wanted to go viral, but not like this!" It's a reminder that in the digital...

The leading video sharing app has been fined €345mn for breaching EU children’s data rules. Also banned from official devices in more than a dozen countries, the FT’s Cristina Criddle examines why TikTok and its Chinese owner present a dilemma for many governments and regulators.