Fintech Focus For October 12, 2021

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Quote To Begin The Day: “Blockchain will be actual, stablecoins will be actual.”

Supply: Jamie Dimon

One Huge Factor In Fintech: The important thing to maximizing worth for patrons is merging human and digital experiences.

That is in response to U.S. Bancorp’s U.S. Financial institution vice-chair of client and enterprise banking Timothy Welsh, one of many many monetary executives, influencers and fintech leaders in attendance on the Cash Expertise Summit at Snowbird Resort, Utah.

In studying how U.S. Financial institution powers human potential, Benzinga spoke with Welsh on the occasion.

Supply: Benzinga

Different Key Fintech Developments:

  • Tiger World backs Mono in spherical.
  • Fintech MoonPay valued at $3.4B.
  • FrankieOne securing $16M spherical.
  • Residents added new overdraft instrument.
  • Crabi added $4M in a seed spherical.
  • ConsenSys funding ups valuation.
  • SEC approves the primary bitcoin ETF.
  • MarketFactory, Tradefeedr companion.
  • NatWest acquires banking fintech.
  • Judo Financial institution seeks funds in an IPO.
  • Futora raises for its investing supply.
  • LSEG, FINBOURNE staff on information.
  • Mbanq, Temenos staff on providing.
  • Itiviti integrates post-trade providing.
  • Accrue Applied sciences obtained acquired.
  • McKinsey says CBDCs inevitable.
  • EBA Clear, Swift, TCH examined tech.
  • ClearBank including funds supply.
  • AvidXchange ups IPO worth vary.
  • JPM joined net-zero financial institution alliance.
  • Binance shuts down some buying and selling.
  • Softbank leads Collection D for Swile.
  • Affirm jumps on Goal partnership.
  • Productfy faucets funds for DeFi supply.

Watch Out For This: With many Individuals desirous to make this yr’s vacation season memorable, this yr isn’t any totally different. Affirm found practically half (48%) plan to spend more cash this yr as a result of they couldn’t have fun like they usually would final yr.

Supply: Affirm

Fascinating Reads:

Market Shifting Headline: “Regardless of near-term uncertainty, we count on the fairness market will proceed to rally as buyers achieve confidence that the present tempo of inflation is transitory,” Goldman Sachs Group Inc. strategists led by David J. Kostin wrote in a observe to purchasers.

Supply: Bloomberg

© 2021 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.


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