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Fintech Focus For January 7, 2021
Wednesday, January 6, 2021 - 6:34pm | 1483Quote To Start The Day: Don’t try to beat the competitors at their own game. You have to invent a new game — and master it. Source: Reid Hoffman One Big Thing In Fintech: The COVID-19 crisis has put pressure on banks to improve their digital offering as lockdowns have forced customers...
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'Liquidity Jumping': Stock Market Update For The Week Ahead
Sunday, December 13, 2020 - 5:35pm | 1495The Past Week, In A Nutshell What Happened: After auctioning to new all-time highs, U.S. index futures moved back into balance. Remember This: “With Global Liquidity jumping by some US $20 trillion in 2020, or some 25% of World GDP, there is a lot to spend... Consider that following the 1930s...
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Fintech Focus For December 7, 2020
Sunday, December 6, 2020 - 7:02pm | 1605Quote To Start The Day: Robinhood’s revenue model could easily disappear. They’ve made it clear that they are comfortable living on this regulatory edge. Source: Tyler Gellasch One Big Thing In Fintech: Congresswoman Maxine Waters has released a wide array of recommended policy changes...
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Fintech Focus For November 24, 2020
Monday, November 23, 2020 - 6:34pm | 1900Quote To Start The Day: If you genuinely want something, don't wait for it -- teach yourself to be impatient. Source: Gurbaksh Chahal One Big Thing In Fintech: Super Bowl LV, taking place in Tampa Bay in February, will offer 100% digital payment acceptance for fans throughout the stadium on...
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Fintech Focus For November 10, 2020
Monday, November 9, 2020 - 5:42pm | 2688Quote Of The Day: A dying man can do nothing easy. - Benjamin Franklin Fintech Movers: The rise of new financial technologies will call for new approaches to regulation, Federal Reserve Bank of Cleveland President Loretta Mester said Monday. - WSJ UK fintech industry braces for Brexit. Mastercard...
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Fintech Focus For November 6, 2020
Thursday, November 5, 2020 - 8:15pm | 1968Quote Of The Day: One man with courage makes a majority. - Andrew Jackson Fintech Movers: The Department of Justice has filed an antitrust lawsuit challenging Visa’s proposed $5.3 billion acquisition of Plaid. - TechCrunch WhatsApp to expand payments tech. A Biden win could be good for...
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Fintech Focus For October 29, 2020
Wednesday, October 28, 2020 - 5:32pm | 2855Quote Of The Day: The only place where success comes before work is in the dictionary. - Vidal Sassoon Fintech Movers: The Cambridge Centre for Alternative Finance (CCAF), the leading research institute covering the global Fintech sector, has partnered with the World Bank on a study reviewing the...
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Fintech Focus For October 28, 2020
Tuesday, October 27, 2020 - 4:52pm | 2346Quote Of The Day: Life is a long lesson in humility. - James M. Barrie Fintech Movers: UBS Group AG plans to invest $200 million of its own money in fintech companies over the medium term in a push to further digitize its services and find new ways to engage with clients. - Bloomberg Benzinga...
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Fintech Focus For October 9, 2020
Thursday, October 8, 2020 - 6:04pm | 2287Quote Of The Day: The only person you are destined to become is the person you decide to be. - Ralph Waldo Emerson Fintech Movers: Electronic trading giant Citadel Securities will bolster its already huge presence at the New York Stock Exchange by buying the NYSE market-making business of smaller...
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Fintech Focus For September 14, 2020
Sunday, September 13, 2020 - 7:52pm | 1823Quote Of The Day: I failed my way to success. - Thomas Edison Fintech Movers: Coinbase CEO Brian Armstrong doubled down on his past criticism of Apple, highlighting the tech giant's unwillingness to allow certain crypto-related features on its mobile app. - Block Central bankers near a...
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Fintech Focus For August 4, 2020
Tuesday, August 4, 2020 - 10:09am | 2800Daily Perspective: Don’t count the days, make the days count. - Muhammad Ali Fintech Movers: In Latin America, women are stepping up as fintech leaders, with five times as many female-founded fintechs as the global average. - Crunchbase Quantamental investment strategy shines. Virtu...
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Fintech Focus For July 16, 2020
Thursday, July 16, 2020 - 9:10am | 1970Daily Perspective: On the whole, human beings want to be good, but not too good, and not quite all the time. - George Orwell Fintech Movers: TradeZero America, a commission-free trading platform, formally announced a sponsorship deal with Barstool Sports founder Dave Portnoy. - Benzinga Beaxy,...
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HSBC Clears The Entire London Office Floor As Employee Tests Positive For Coronavirus
Friday, March 6, 2020 - 9:04am | 380HSBC Holdings plc (NYSE: HSBC) on Thursday emptied an entire floor in its Canary Wharf office in London after an employee tested positive for the novel coronavirus (COVID-19), the Guardian reported. What Happened "We have been informed that one of our employees at 8 Canada Square has been...
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HSBC Remains EU's Largest When It Comes to Assets But Will Get Smaller By 35,000 Jobs
Thursday, February 20, 2020 - 11:25am | 758HSBC (NYSE: HSBC), Europe's largest bank in terms of assets, revealed a major reorganization decision that would decrease the total number of staff from 235,000 to around 200,000 in the next three years. This is a decrease of 15% in the workforce, and it is probably one of the deepest...
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HSBC To Restructure, Close Jobs And Offices After Missing Earnings Expectations
Tuesday, February 18, 2020 - 4:49am | 470HSBC Holdings Plc (NYSE: HSBC) reported pre-tax earnings that missed analysts’ expectations on Tuesday. The bank also said that it plans to restructure over the next two years. What Happened HSBC reported its annual results for the 2019 year on Monday. The London-based international...