Fintech Focus Roundup For August 15, 2020

American Express In Talks With Kabbage Over Acquisition

What Is Happening? CME Group Inc, alongside Nasdaq Inc, formally announced the introduction of futures contracts on the Nasdaq-100 Volatility Index (VOLQ).
What Does It Mean? The development will increase access to liquid instruments that help participants better manage portfolio volatility.

What Is Happening? As part of a vision to support emerging brands in the rapid digital transformation, Mastercard is building on its core competency by adding entrepreneurs to its award-winning startup engagement program, Start Path, and more technology partners to its Engage network.
What Does It Mean? Participants will have access to expert engineers and specialists that can help deploy new services that meet evolving consumer standards; overall, the development serves to strengthen Mastercard’s presence in the fintech space while cementing and building the future of finance for all.