Fintech Focus For October 14, 2020

Quote Of The Day: I never dreamed about success, I worked for it. - Estee Lauder

Fintech Movers: After years of working in and around Ethereum, Jonathan Perkins, alongside John and Charles Crain, founded SuperRare in 2017 on the back of a new non-fungible token (NFT) standard. Now, SuperRare’s interchangeable tokens allow collectors and artists the ability to exchange unique objects and art on the ethereum blockchain. - Benzinga

• Chase, Greenlight intro kid accounts.
• PCI Pal forms an alliance with Stripe.
• Coinbase Wallet adds testnet support.
• DLT tech to boost economy by $1.7T.
• Causality unveils updates to platform.
• Payability surpassed $3B in funding.
• TD stays afloat with fintech partners.
• Grata raised $3M to grow search tech.
• ING, Unicef launch a fintech initiative.
• FIMBank has added Fiserv AML tech.
• Santander pushes digital-only deposit.
• OECD plans to issue crypto tax guide.
• How fintechs could empower women.
• Nium expanded into Korea via E9pay.
• Invesco launches new QQQ products.

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 fintech space.

Ahead of the November 10, 2020 event, this newsletter highlights disruptive innovators working to create positive and diverse change in financial services.

Today's disruptive innovator is You Invest by JPMorgan, a platform for self-directed investing. 

For a chance to make your mark on the future of innovation and be featured in this newsletter, check out our Global Fintech Awards! To meet the biggest names in fintech and discover emerging trends, get tickets here.

Watch For This: One of China’s leading vaccine developers is working on a plan to inoculate students going overseas with Covid-19 shots that are yet to get regulatory approval. - Al Jazeera

• JPM sticks with plan to build NY base.
• Ikea plans to buy back used furniture.
• Risk’s big role in investment strategies.
• USDA: Schools to continue free meals.
• China wears down Taiwanese defense.
• Cristiano Ronaldo positive for COVID.
• Red October has come to Hong Kong.

Market Moving Headline: Trump tweeted on Tuesday: “STIMULUS! “Go big or go home!!!” - Al Jazeera

• UWM released its Pre-IPO Q3 results.
• Tesla lowered its price on the Model S.
• Nissan’s lending arm to pay $4M fine.
• OPEC cuts 2021 oil demand forecast.
• Delta will bleed cash until next spring.
• Alibaba accelerating US ecommerce.
• US consumer inflation slightly higher.
• JPM executives optimistic on recovery.
• IEA’s World Energy Outlook for 2020.
• Amazon Prime Day may rake in $10B.
• JPMorgan Q3 profit buoyed by trading.
• Derivatives trading surges for big tech.
• AMC’s parent could go broke by 2021.