Fintech Focus For August 7, 2020

Daily Perspective: Well done is better than well said. - B. Franklin

Fintech Movers: Google for Startups in Brazil recently announced the latest group of companies accepted into its triannual accelerator program. Among the 10 selected enterprises, the majority are B2B companies. - Contxto

• Building a payment system for future.
• Fintech startups raise record $100M.
• Dan Gilbert: Acquisitions are coming.
• ICE bought Ellie Mae mortgage tech.
• RJ O’Brien acquires Lombard Forte.
• Mini VIX futures to launch August 10.
• Banexcoin aims to be a crypto bank.
• Afterpay unveils new identity system.
• Paystand intros pre-paid Zero Card.
• Cboe prepares to close trading floor.
• Liquidnet to automate fixed income.
• Banked partners with British Airways.
• Coinbase Pro will add band protocol.
• Global Payments signs an AWS deal.
• ASX tests blockchain-based settlement.

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 TradingView, a better way to analyze markets.

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: Camera-equipped street lamps were supposed to gather traffic data; instead, their video footage went to police. Now lawmakers are pushing back. - CityLab

• NY AG lawsuit takes aim at NRA.
• Jobless rate may be topping 30%.
• Future airports will not have lines.
• Baldness a coronavirus symptom.

Image from Market Ear. 

Market Moving Headline: U.S. private employers hired far fewer workers than expected in July as companies exhausted loans to help with wages and new COVID-19 infections flared up across the country, supporting the view that the nascent economic recovery was faltering. - Reuters

• Why the Ford Fusion is now dead.
• Capital One to pay an $80M penalty.
• Weekly claims fall, job market stalls.
• SPX sectors and industries by size.
• Brokers see 59% increase in PFOF.
• Oil majors write-down, cut dividends.
• Airbus deliveries surge close to 36%.
• Carvana races to a new all-time high.
• Hilton: Demand to rebound by 2022.