Fintech Focus For July 13, 2020

Daily Perspective: Simple shifts in individual behavior could reduce the wealth gap we have today. - Philip Michael

Fintech Movers: The P&C insurance industry has yet to see the full impact from Covid-19 — but it is coming. As incumbents look to gain a competitive edge and protect the franchise, they may finally embrace promising, emerging insurtech categories. - CB Insights

• Lucena, Benzinga eye investech.
• ChartIQ rebrands as Cosaic.
• NYCE eyes real estate investing.
• Vanguard pursues blockchain.
• Coinbase readies public listing.
• Arca intros ETC-based fund.
• CFTC targets crypto framework.
• Lemonade becomes biggest IPO.
• Marqeta prepares for an IPO.
• China, Didi test digital currency.
• Mastercard partners with SOLV.

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 Become, a better way to fund businesses.

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: St. Louis authorities confiscated an AR-15 used by Mark McCloskey, who made headlines with his wife Patricia last month when they defended their historic mansion from protesters who had broken down a gate to trespass on their private road. - ZeroHedge

• Creating 100K millionaires of color.
• Jeep to introduce Wrangler Hemi.
• Becoming a poker champ in 1 year.
• ‘No-code’ defines next-gen software.
• How to become a millionaire trader.

Photo by JPMorgan from Ritholtz's Reads.

Market Moving Headline: If investors stay more focused on next year’s earnings estimates than next week’s, the market will likely keep its head above water. - Lindsey Bell

• Market update for the week ahead.
• UK faces $39B financial black hole.
• Fed stock buying may be inevitable.
• Top banks set for terrible quarter.
• Wells Fargo to start cutting jobs.
• Croatia, Bulgaria to adopt euro.
• Rivian raises $2.5B led by T.Rowe.
• Uber lets California drivers set fees.
• PepsiCo Q2 2020 earnings preview.
• S&P 500 earnings set to plunge.