Fintech Focus For July 2, 2020

Daily Perspective: If you set your goals ridiculously high and it's a failure, you will fail above everyone else's success. - James Cameron

Fintech Movers: In a statement, Federation of European Securities Exchanges (FESE) described the attempt to shorten the European trading day as a potential move in the wrong direction that would have no impact on the wellbeing of traders and participants, a key part of the case to reduce equity market hours. - The Trade

• Alibaba is banking on Mexico.
• Tech companies are hurting.
• Curv raises $23M, intros tX.
• Cboe to intro a new market.
• Velox eyes ETF trade tech.
• RBS unveils Tyl payment tech.
• Deutsche Boerse tech glitched.
• Trading Central expands tech.
• TransferWise targets trading.
• Keevo, Iron Mountain partner.
• Trading desks and technology.
• SumUp and Google team-up.

Benzinga Global Fintech Awards Spotlight:

Every year Benzinga, a leading news and data platform, holds the Global Fintech Awards, a day of dealmaking, networking, and recognition in the financial technology space.

Ahead of the November 10, 2020 event, this newsletter will highlight one disruptive innovator working to create positive and diverse change in the financial services space.

Today's disruptive innovator is B2B Pay, a leader in the virtual banking and payments space.

For a chance to make your mark on the future of innovation and be featured in this newsletter, check out our Global Fintech Awards!

Watch Out For This: More racist tweets by Cambridge University Professor Gopal have been unearthed, including one in which she spoke about her urge to “kneecap white men.” - ZeroHedge

• Man arrested under HK law.
• Consumer brands prospering?
• China caught smuggling guns.
• Where would you day trade?
• Hong Kong begins arrests.
• USDA cuts red tape for schools.

Photo by PwC from Market Ear.

Market Moving Headline: US Equities struggled to find a clear direction in pre-holiday trade today but ultimately wound up mixed with the Nasdaq and S&P 500 closing higher and the Dow and Russell 2000 falling. - CME

• BofA rolls out a new solar plan.
• New car incentives are whack.
• US-EU trade faces turbulence.
• Senate passes PPP extension.
• Tyson sued over COVID-19 lies.
• UAE 737 approval to follow FAA.
• AmEx plans to stimulate economy.
• Walgreens bolsters Digital 3.0.
• US companies added 2.37M jobs.
• JetBlue, union reach agreement.