Global Intelligence Briefing
Markets
Millions of drivers mis-sold car finance to receive average £829 in compensation
The City regulator says 12.1 million mis-sold motor finance deals will be eligible for redress.
Source →
Markets
How will car finance compensation payments work?
Millions could be entitled to compensation as a result of commission arrangements between lenders and dealers.
Source →
Crypto
Square rolls out Bitcoin payments at POS for eligible US merchants
Rolling out over the coming month, a Block executive said Bitcoin payments at point-of-sale will be automatically enabled and settled in US dollars by default.
Source →
Markets
What was the 1970s oil crisis, and are we heading for something worse?
While both crises involve oil, experts say there are some important differences between what happened in the 1970s and today.
Source →
Crypto
NFL asks prediction markets to act on ‘easily manipulated‘ bets
CFTC Chair Michael Selig signaled that the agency would defer to the football league in calling for changes to event contracts that could be manipulated by a single person.
Source →