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Market Overview

Fintech Focus For June 30, 2020


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Daily Perspective: If life were predictable it would cease to be life, and be without flavor. - Eleanor Roosevelt

Fintech Movers: Uber Technologies Inc.’s financial services leader Peter Hazlehurst is calling it quits as the ride-hailing giant focuses on rides and food delivery, and ices plans to become a financial services company. - Bloomberg

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 financial technology space.

Ahead of the November 10, 2020, in-person event in New York, NY, this newsletter will highlight one disruptive innovator working to create positive and diverse change in the financial services space.

Today's disruptive innovator is Altvia, recognized for being the best alternative investment platform, and a firm that offers cloud-based technology for institutions.

For a chance to make your mark on the future of innovation and be featured in this newsletter, check out our Global Fintech Awards!

Watch Out For This: Mississippi no longer has a state flag, after lawmakers voted Sunday to remove the Confederate symbol, making it the final state in the U.S. to do so. - Vice

  • Senator probes Russian bounties.
  • Reddit suspends Trump channels.
  • It’s a bad time to end eviction bans.
  • Blood donors help COVID research.

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Photo by SEB X-Asset from Market Ear. 

Market Moving Headline: Delta Air Lines is planning to send notices to warn more than 2,500 pilots next week about potential furloughs, according to a company memo. - CNBC

  • Should you buy any down tick?
  • Fed intros primary credit facility.
  • Boeing begins certification test.
  • Canada cutting corporate taxes.
  • Chesapeake to cancel contracts.
  • Lululemon acquires startup Mirror .
  • Report: COVID and labor market.
  • Gilead prices COVID drug at $2K.

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Posted-In: Cash App COVID COVID drug Credit Suisse Delta Air Lines FDICFintech Federal Reserve