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

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