Page 3 - Key Fintech Developments News Today

Coinbase is launching a media arm. DeFi platform Maple has launched. More funding flows into Pipe fintech. Goldman Sachs grows TS relations. Waffle closes $5M total seed round. ICE adds new BondLink investment. Wingocard launches amid financing. Transcend launches new solutions. CrossTower provides crypto fintech. Circle adds to team new leadership. Paxos edging into banking system. Altruist secures funding to innovate. Customers Bank is looking to scale. Watch Out For This: It’s been a rou...

Secfi secures $150M investment. Rally added $30M Series B round. Twitter crypto trading via Bottlepay. Fidelity launches kid-friendly offers. Lance closes on $2.8M financing. Brex unleashes new product offer. HSBC looks into digital wallet tech. Temenos has crypto bank support. Fireblocks passed $600B transfers. Vise raises $65M in Series C round. Ally Lending eyeing PoS financing. Valencia’s potential as fintech hub. I2c has added new leaders to team. JPMorgan Chase eyes innovation. Bybit wi...

US banks may cut nearly 200K jobs. Clubhouse will launch Android app. Soros bought stocks Archegos hurt. AT&T prepares a Discovery merger. How to prevent AI facial recognition. Big techs reputation taking a plunge. Google wins a SpaceX Starlink deal. Market Moving Headline: Other key takeaways include: – JPM: “Market is a little oversold.” – Indices reject lower prices, rotate. Technically speaking, after testing into a composite low volume area (LVNode), the S&P 500 rejected lower pric...

Canada’s housing market is hotter? Fund managers worry over inflation. Junk food ads infringe your privacy. Market Moving Headline: After months of cheerleading for Bitcoin, Tesla CEO Elon Musk told his 54.3 million Twitter followers on Wednesday that the electric vehicle maker is hitting the brakes on allowing customers to use Bitcoin as payment. “We are concerned about rapidly increasing use of fossil fuels for Bitcoin mining and transactions, especially coal, which has the worst emissio...

Quote To Start The Day: “Man is the cruelest animal.” Source: Friedrich Nietzsche One Big Thing In Fintech: In addition to new venues, more new ...

Uber, Lyft give rides to vaccinations. YouTube intros $100M creator fund. Market Moving Headline: St. Louis Federal Reserve President James Bullard acknowledged the progress the economy has made but said Tuesday it’s still not time to ease back the throttle on policy. In an interview on CNBC’s “Closing Bell,” the central bank official said fiscal and monetary policy help as well as aggressive vaccination efforts have helped keep growth going since the Covid-19 pandemic began in March 2...

Snack, where Tinder meets TikTok. Ford reveals details on electric truck. The impact of no stimulus on stocks. Market Moving Headline: The tech-heavy Nasdaq 100 Index tumbled 2.6% amid the growing anxiety over inflation, which can threaten longer-horizon revenues typical of the sector. Tesla and Apple were among the biggest decliners. The ARK Innovation ETF resumed its slide. The Dow Jones Industrial Average briefly topped 35,000 for the first time. The benchmark S&P 500 fell from an all-time ...

Story on how Jeff Bezos beat press. Could incentives sway anti-vaxxers? Market Moving Headline: Index futures in price discovery. Other key takeaways include: - Earnings were great. NFP not so much. - Big bets over a Jackson Hole surprise. - Indices diverge. S&P 500, Dow higher. Technically speaking, equity indexes are at an interesting juncture. The Dow Jones Industrial Average and S&P 500 resolved their multi-week consolidations, to the upside, while the Russell 2000 is rotating within prior...

Tech digs archaeologists into hole. Neuroelectrics raises for epilepsy. Covid cases to see a sharp decline. 85% of small businesses are open. Alaska Air, Boxed Water partner up. Wix bought Rise.ai for engagement. Market Moving Headline: Inflation looks set to overshoot the Fed’s target as we have expected. Yet we see uncertainties around the near-term persistence of the overshoot as the restart leads to unusual supply and demand dynamics. We have closed our tactical overweight in inflation-l...

Coatue leads Alchemy’s $80M raise. New fintech groups form on scrutiny. Coinbase buying data platform Skew. Cboe Europe receives bank backing. Evolution of European bond markets. Apple is charged with antitrust breach. Fidelity added digital asset analytics. Deutsche Börse, Commerzbank team. Wall Street banks ditch fax machines. Wealthfront eyes a crypto expansion. ICE sold its Coinbase stake for $1.2B. Goldman has quantum breakthrough. Paxos taps $300M to onboard clients. Watch Out For This...