Quote To Start The Day: "We are our choices. Build yourself a great story.”

Source: Jeff Bezos

One Big Thing In Fintech: Fintechs keep transforming the financial services ecosystem. Banks and credit unions can no longer afford to view them as a threat. But partnerships can flop, so it's important for institutions to take steps to ensure these collaborations pay over the long term.

Source: Financial Brand

Other Key Fintech Developments:

Watch Out For This: It’s called the Great Resignation.

That’s according to Alex Simmons, co-founder and CEO at Boon Health, who says employee retention is a serious but largely avoidable problem.

“There are stats out there suggesting 30% of the workforce is going to be quitting their jobs in the next six months,” he explained. “Retention is the biggest problem we’re seeing.”

In unpacking how employers can retain, engage and maintain the mental well-being of their workforce, Simmons gave Benzinga a look into Boon Health.

Source: Benzinga

Market Moving Headline: Even if it seems as if tapering is still not around the corner, if we take Powell at face value, it is getting clearer for each week that the Fed is preparing for tapering. Bullard from the FOMC even hints of QT, while the ECB is stuck in dove-land.

Source: Nordea