Market Overview

Fintech Focus For July 21, 2020

Share:

Fintech Header

Daily Perspective: Whatever the mind of man can conceive and believe, it can achieve. - Napoleon Hill

Fintech Movers: The OCC’s proposed charters will be positive for the fintech industry, facilitating innovative business models, saving on card processing fees, and, ultimately, enabling companies to transform cost centers into revenue drivers. - ARK Invest

  • DeFi to be the next big thing.
  • PayPal picks Paxos service.
  • Thai Exchange intro fintech.
  • FICO wins Risk Tech Awards.
  • Finastra, Microsoft partner.
  • Burn insurtech raises $8.5M.
  • Exchanges on an M&A spree.
  • Wirex, Mastercard team-up.
  • LSEG, Refinitiv probe halted.
  • Alchemy intros new platform.
  • Aquis eyes machine learning.
  • Refinitiv and BoA partner up.

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 event, this newsletter will highlight one disruptive innovator working to create positive and diverse change in the financial services space.

Today's disruptive innovator is Gatsby, a more engaging way to trade options.

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: After a brief pause during coronavirus lockdowns in February, a Chinese property boom in some megacities that many thought was unsustainable has resumed its relentless upward climb, with prices rising higher and investors chasing deals despite millions of job losses and other economic problems. - WSJ

  • COVID vaccines show promise.
  • Pandemic benefits meal-kit firms.
  • TikTok and corporate devices.
  • The future of our food supply.

Photo Bloomberg Jefferies, From Market Ear. 

Market Moving Headline: Policymakers in the U.S. will resume contentious talks this week on another round of stimulus that could prove critical to the still-fragile recovery of the world’s largest economy. - Bloomberg

  • Chevron to buy producer Noble.
  • Snapchat launched mini-apps.
  • Ford and Intel work on auto tech.
  • eBay looking to sell classified-ads.
  • GM introduces 12 electric cars.
  • SoftBank pulls out of Credit Suisse.
  • Monetary policy, yields buoy gold.
 

Related Articles

View Comments and Join the Discussion!

Posted-In: BoA Burn Chevron Credit Suisse DeFi EBAYFintech Markets