Quote To Start The Day: “This is not the market participants' problem, they paid to play. It’s the broker’s problem, from an operational standpoint, to make sure that these things are in check.”
Source: Kris Sidial
One Big Thing In Fintech: Year 2021 will be all about consolidation and innovations in the payments sector; … in the next 12 months, there will be a massive push for several categories
Source: Entrepreneur
Other Key Fintech Developments:
Watch Out For This: Washington will return to the Iran nuclear deal provided Tehran gets into compliance, US Secretary of State Antony Blinken said in an interview with NBC News, adding that the Biden administration then plans to negotiate a “longer and stronger” accord.
Source: Al Jazeera
Interesting Reads:
Market Moving Headline: Equity valuations have been top of mind after major stock indexes have scaled new highs. Last week’s volatile market moves as a result of technical deleveraging added fuel to these concerns. We do not see risk asset valuations as obviously stretched overall, and expect low interest rates – and a vaccine-led restart – to support risk assets over the next six to 12 months.
Source: BlackRock
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