Fintech Focus For October 20, 2020

Quote Of The Day: Life is trying things to see if they work. - Ray Bradbury

Fintech Movers: Dozens of brokerage log-ins are for sale on the dark web with portfolios ranging in the low thousands to a half million dollars. - CNBC

• Troutwood intros app for stock investment.
• Acorns helping unemployed with new tech.
• Google intros a tool for mortgage industry.
• Bank of Canada to hire for fintech, crypto.
• Ant Group won China’s approval for an IPO.
• Goldman eyes data modeling with FINOS.
• Billtrust fintech to go public via SPAC deal.
• Visa invests in Global Processing Services.
• Curve tapped Thought Machine credit tech.
• Jerome Powell wants US crypto done right.

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 Emles Advisors, an asset management firm.

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: After years of increasing access to banking, many poorer Americans will struggle to keep a foothold in the system due to the economic fallout from the coronavirus pandemic. - Al Jazeera

• The US charged 6 Russian military officers.
• MSCI: Is the US equity market overvalued?
• Russia and the Nagorno-Karabakh conflict.
• How SPACs are reshaping public markets.
• Trump was unsure of a victory until recently.
• BlackRock: COVID-19 waves are shallower.

Market Moving Headline: Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin “continued to narrow their differences” on a coronavirus relief package. - Bloomberg

• EU plans for WTO’s clearance for US tariffs.
• NASA picks Nokia for the lunar 4G network.
• China’s recovery continued in third quarter.
• US screens 1M airline passengers Sunday.
• Tesla to export China-made cars to Europe.
• Intel neared deal to sell NAND unit to Hynix.
• Canadian business sentiment has improved.
• Japan, US, Europe eye big tech regulations.