Fintech Focus For September 21, 2020

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Quote Of The Day: In a time of deceit telling the truth is a revolutionary act. - George Orwell

Fintech Movers: The European Union (EU) will release a new set of rules by 2024 — with the aim to streamline cross-border payments — by leveraging blockchain and crypto-assets such as stablecoins. - Block

  • S&P Intel adds 10M company profiles.

  • Finicity finalizes Schwab agreements.

  • Impacts of China’s crypto on fintechs.

  • SocGen targets virtualized computing.

  • Chime doubles value, is worth $14.5B.

  • BidFx intros desktop app on OpenFin.

  • NYSE expects more listing innovation.

  • UBS targets virtual reality trading tech.

  • Visa Everywhere announces finalists.

  • Goldman, JPM, Citi fintech initiatives.

  • Uniswap intros new governance token.

Benzinga Global Fintech Awards Spotlight:

Every year Benzinga, a leading news and data platform, holds the Global Fintech Awards, a day of dealmaking, networking, and recognition in the fintech space.

Ahead of the November 10, 2020 event, this newsletter highlights disruptive innovators working to create positive and diverse change in financial services.

Today's disruptive innovator is Barry Metzger, Senior Vice President at Charles Schwab.

For a chance to make your mark on the future of innovation and be featured in this newsletter, check out our Global Fintech Awards! To help decide who's leading, join the judges panel.

Watch For This: A shift away from California at the Series B stage suggests that the next generation of U.S. unicorns and decacorns may be less concentrated in San Francisco and Silicon Valley. - Crunchbase

  • Xi-Modi face off due to rising ambitions.

  • Analyzing Financial Transaction Taxes.

  • 4 Federal Reserve storylines to follow.

  • A second COVID wave has hit the UK.

  • JPM trader jailed on price manipulation.

Universal-Basic-Income-full
Universal-Basic-Income-full

Market Moving Headline: Indebtedness and malinvestment in unproductive activities will lower the economy's growth prospects. - Benzinga

  • Oil recovery awaits for flying to return.

  • Dash for larger homes bids up prices.

  • Stricter short sale reporting to remain.

  • Trump intros $13B in farm aid at rally.

  • Coal revival thwarted by low demand.

  • US to bless Oracle-TikTok partnership.

  • Trump targeting energy infrastructure.

  • Goldman warns election to be volatile.

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