Fintech Focus For November 13, 2020

Quote Of The Day: The purpose of our lives is to be happy. - Dalai Lama

Fintech Movers: Sandboxes offered by various federal and private banks, regulators, and large-scale organizations reflect the changing environment of bringing innovation to the table through collaboration. - MEDICI

• NYCE launching a crowdfunding app.
• Railsbank raised $37M in new round.
• Finicity, BMO finalize data agreement.
• Truebill poised to grow post Series C.
• REX intros digital real estate platform.
• Charles Schwab developing algo tech.
• PayPal opens up app to crypto users.
• Velo Labs teams with Kyber Network.
• Goldman Sachs in talks to acquire TT.
• Rapyd launches fraud prevention tool.
• LiquidityBook adds a standalone CAT.
• RJ O’Brien adopts post-trade platform.
• Stash adding people to its leadership.

Watch For This: The FDA says a Washington state juice supplier is accused of inadequately monitoring toxic heavy metals. That could pose serious health risks to children, experts say. - The Counter

• The sell-side stepping up automation.
• Robinhood’s favorite pandemic stocks.
• Empowering through financial literacy.
• Target, Big Moods teamed on stickers.
• How to measure Nasdaq-100 volatility.
• AC/DC’s wild ride, new album release.
• The 15-Minute City is an urban utopia.
• Subscription services future of fintech.
• Video of bad, high-speed Tesla wreck.

Market Moving Headline: Bill Ackman has insured his Pershing Square hedge fund against a surge in corporate defaults after making $2.6 billion on a similar bet in the spring, according to the Financial Times. - Reuters

• Feds has subpoenaed Nikola on fraud.
• Google critics call for swift EU actions.
• Ford eyes leading share in EV market.
• US airlines caution on winter problems.
• The US partners with pharmacy chains.
• NJ is weighing limit on indoor capacity.
• Southwest warns of recovery is fading.
• Fed Powell: winter may be challenging.
• How to find growth in the market today.