Fintech Focus For September 6, 2021

Quote To Begin The Day: “The brand new cryptocurrency revolution will assist everybody get a financial institution id — a monetary id — just like the web gave everybody the likelihood to see what was taking place of their nation, because the Arab Spring.”

Supply: Giacomo Arcaro

One Massive Factor In Fintech: The SEC is reportedly investigating Uniswap Labs, developer of the decentralized alternate Uniswap. ​​

The investigation may herald a brand new period of crypto enforcement for the regulator.

Supply: Block

Different Key Fintech Developments:

• BBVA launching crypto pockets tech.
• State Road opens cyber, tech unit.
• Marathon, NYDIG announce collab.
• Nubank provides Apple Pay integration.
• BMO leverages AI for notice pricing.
• Firstrade hones buying and selling, expertise.
• MoneyLion added an inventory replace.
• RH: PFOF ban can be draconian.
• SurePay provides funds for financial institution tech.
• Bridging hole between BNPL provides.
• Residents, Moven crew on neobank.
• Secfi strikes to develop management.
• Purchase-side corporations look to digitalization.
• The Voyager Digital Crypto Imaginative and prescient.
• Bano, Nium fixing digital funds.
• OneZero has added analytics supply.

Watch Out For This: U.S. Senator Elizabeth Warren (D-MA), a long-standing critic of cryptocurrency, instructed the New York Occasions that, in her view, cryptocurrency is “the brand new shadow financial institution.”

Supply: Block

Attention-grabbing Reads:

• market crash safety.
• Resilience key in entrepreneurship.
• GM shuts down American factories.
• Story: Afghan biometric databases.
• Google eyeing in-house manufacturing.
• Can macro be an edge for merchants?
• Taliban depends on Chinese language financing.

Market Transferring Headline: Briefly, this fall we nonetheless count on our mid-cycle transition to finish with a ten{b02bdf04de3f9bc06c998e855c65941e7d8f5cd012e86469a83340818e6b6d52}+ S&P 500 correction. However a story of both quicker or slower progress will decide the management from right here.

Supply: Morgan Stanley