Quote To Start The Day: “Some are born great, some achieve greatness, and some have greatness thrust upon them.”
Source: William Shakespeare

One Big Thing In Fintech: Just as broadband is now considered core to America’s national infrastructure, the cloud will play an important role in building the next frontier in market infrastructure.

Source: Adena Friedman

Other Key Fintech Developments:

Watch Out For This: After months of testing drone delivery to designated pickup locations, Flytrex is now able to take the next step — delivering to the customer's yard.

The Israeli-based company announced Tuesday that the Federal Aviation Administration (FAA) had approved its request to fly drones over people, allowing expansion of a pilot program from its current constructs to include delivery of thousands of items to customers' yards.

Source: Benzinga

Interesting Reads:

Market Moving Headline: BlackRock Investment Institute said in a report Monday that its proprietary Geopolitical Risk Indicator has fallen to its lowest in four years, as investors focus more on inflation and the economic recovery than geopolitics.

That marks a shift in attention from U.S.-China trade tensions or a North Korea nuclear attack, both of which have rattled markets in the last few years.

“The gauge has been hovering in negative territory this year ... meaning investor attention to geopolitical risks is below the average of the past four years,” the report said. “As a result, geopolitical shocks could catch investors more off guard than usual.”

Source: CNBC