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S4 merges MediaMonks and MightyHive brands under one unitary brand

S4 merges MediaMonks and MightyHive brands under one unitary brand August 3, 2021 6:49 The single brand is designed to emphasises the respective brand’s heritage in creative content and roots in data and digital, while unifying a team of nearly 6,000 in a single P&L across 57 hubs in 33 countries. S4 Capital plc will remain the financial brand, publicly listed on the London Stock Exchange and deployed amongst investor, financial and banking stakeholders and in reports. Founder and executive chairman of S4 Capital, Sir Martin Sorrell, told delegates at Mumbrella360 the plan was to rebrand MediaMonks and MightyHive next year and create a “unitary structure – one P&L and no BS.

Afterpay takeover highlights the need to rethink financial regulation

Advertisement It’s a neat coincidence that as US payments heavyweight Square was announcing its $39 billion bid for Afterpay on Monday, the Bank for International Settlements issued a paper on the regulation of “big techs” in finance. The staff paper is timely because Square’s acquisition of Afterpay illustrates how rapidly the fintech sector is growing and evolving, bringing together Afterpay’s buy-now-pay-later business into a mini financial conglomerate that offers everything from payments hardware to retail information management, marketing support and basic banking services. Fintechs, even the big ones, aren’t banks and aren’t regulated like banks. But they are increasingly offering a range of services and products that look like, and compete with, banking services and products.

Square s Afterpay takeover highlights the need to rethink financial regulation

Advertisement It’s a neat coincidence that as US payments heavyweight Square was announcing its $39 billion bid for Afterpay on Monday, the Bank for International Settlements issued a paper on the regulation of “big techs” in finance. The staff paper is timely because Square’s acquisition of Afterpay illustrates how rapidly the fintech sector is growing and evolving, bringing together Afterpay’s buy-now-pay-later business into a mini financial conglomerate that offers everything from payments hardware to retail information management, marketing support and basic banking services. Fintechs, even the big ones, aren’t banks and aren’t regulated like banks. But they are increasingly offering a range of services and products that look like, and compete with, banking services and products.

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