Fintech Focus For September 18, 2020

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Quote Of The Day: You can do everything right and still fail. - Will Eastman

Fintech Movers: Banking giant UBS is skeptical that Bitcoin is a safe-haven asset, according to a report issued on September 9 by its Swiss division. - Decrypt

Market value of big fintech has hit $1T.
Mx51 gears up for platform expansion.
Overbond intros bond pricing product.
BNP Paribas teams with Digital Asset.
Truist launches corporate venture arm.
Quanto closes $15M for open banking.
Ebanx, Amazon team up on payments.
Charting the COVID effect on fintechs.
Wirex intros overhaul, expansion effort.
Cape startup unveiled open-bank card.
ARK’s research on Bitcoin investments.

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 Abigail Johnson, CEO at Fidelity Investments.

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 help decide who's leading, join the judges panel.

Watch For This: During a two-hour meeting with Minneapolis Police Chief Medaria Arradondo this week, the Democratic city council, in brazen fashion, demanded to know why city police are not responding to the violence with enhanced law enforcement measures. - Blaze

Mortgage securities flooding the market.
Retail’s future in the Asia-Pacific region.
Low-code and a software-focused world.
Chris Rock hits Pelosi on impeachment.
Barclays sent traders home due to virus.
Twitter tightens security for US election.

Market Moving Headline: The Asian Development Bank has had to make a second cut in its forecasts for Asian economies in 2020 and its estimates for recovery in 2021 are rather tentative. - Asia Sentinel

US retails spending grew at slower pace.
World economy seen withstanding virus.
CME, Nasdaq launch new water futures.
Zipline, Walmart team on drone delivery.
ByteDance plans TikTok IPO to win deal.
Johnson & Johnson charged over fraud.
Boeing 737 safety upgrades move along.
Airline CEOs pledge on averting job cuts.
ETF boom helped JPM overtake Fidelity.

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