New Money Review podcast
The future of money in 30 minutes
Recent Episodes
Sept. 7, 2026
The perils of safe harbour--podcast with Professor Steven Schwarcz
In US bankruptcy law, an automatic "stay" prevents creditors from collecting debts from a debtor who has declared bankruptcy. The idea is to give the debtor breathing space from creditors and to allow the debtor time to reorganise and reschedule its debts. But the stay doesn't apply to all creditors. In 1978, reforms to the US bankruptcy code exempted certain types of financial contract (commodity contracts and margin payments) from the automatic stay, with the objective of ensuring the smooth
June 10, 2026
Agentic AI and payments don't mix easily
The finance industry wants to use artificial intelligence agents to get customers to spend more, faster, bigger... But AI agents don't mix easily with the security standards that ensure client safety in payments. For more, listen to the latest episode of Unseen Money from New Money Review, featuring Paul Amery and Timur Yunusov.
April 3, 2026
We have to choose between free market capitalism and democracy
In the latest New Money Review podcast, I interview Mordecai Kurz, Joan Kenney professor of economics emeritus at Stanford University. Kurz, the author of "Private Power and Democracy's Decline", to be published in May 2026, says that it's time to suppress technology firms' market power---or we will lose democracy. In the podcast, we cover: why free market capitalism and democracy are no longer compatible the similarities and differences between the first and second US "gilded ages" why tec
Jan. 26, 2026
Unseen Money 16—synthetic identity fraud
In the latest episode of Unseen Money, Timur Yunusov helps Paul Amery unravel a strange real-life story involving a spoofed eBay delivery, Paul’s phone number and a photo of an Indian lady in a pink dressing gown. The story is part of a rapidly growing form of crime involving so-called “synthetic” identities. In a synthetic identity fraud, criminals create fake online identities by blending real, stolen data with fabricated information. They then use those identities to conduct money laundering
Dec. 1, 2025
Unseen Money 15—Why passkeys won’t take off
Tech firms and governments are pushing passkeys as a replacement for online passwords. They argue that using passkeys will help cut down on fraud, prevent account takeovers and protect against password theft. But Paul Amery and Timur Yunusov are sceptical that passkeys will take off. Listen to the latest episode of Unseen Money from New Money Review to find out why. Here’s what we discuss in the podcast: (0’ 45”) why we need to get rid of passwords (2’ 35”) safer and less safe ways of using
Nov. 13, 2025
Unseen Money 14—the AI malware threat
Last week, Google’s threat intelligence group warned that artificial intelligence (AI) is making malware attacks more dangerous. [Malware is malicious software—programmes designed to disrupt, damage or gain unauthorised access to computer systems—usually delivered via phishing emails, compromised websites or infected downloads] “Adversaries are no longer leveraging artificial intelligence (AI) just for productivity gains, they are deploying novel AI-enabled malware in active operations,” Googl