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Fintech Insider Podcast by 11:FS
838. News: After Dark - Nationwide to buy Virgin Money and JPMorgan pilot biometric checkouts
Mar 25, 2024
Nationwide's acquisition of Virgin Money for £2.9 billion, JPMorgan's biometric checkouts in 2025, over £50 billion scattered in UK pension pots, and the age to own a house in Australia are discussed in this lively Fintech Insider podcast.
46:50
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Quick takeaways
- Nationwide's acquisition of Virgin Money will create UK's 2nd largest financial group, raising concerns about member influence.
- JP Morgan's biometric checkout trial aims to streamline payments, but data security and integration challenges persist.
Deep dives
Nationwide's 2.9 Billion Acquisition of Virgin Money Sparks Debate
Nationwide's acquisition of Virgin Money for 2.9 billion has stirred discussions about the deal's implications. The unprecedented move will create the UK's second-largest financial group. Despite the premium paid and Nationwide's strong brand reputation, concerns linger about members not having a say in the acquisition. Questions arise about Nationwide's long-term strategy and the potential impact on customers.
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Discover
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