Quote Of The Day: A pal is one soul abiding in two our bodies. – Aristotle
Fintech Movers: Federally chartered banks can maintain reserve funds for stablecoin issuers, in keeping with new steerage from the U.S. Workplace of the Comptroller of the Foreign money. – Block
- Binance creates unique Innovation Zone.
- CFTC finalized guidelines for improved reporting.
- TrueLayer secures $25M by way of Sequence C.
- Unifimoney has partnered with DriveWealth.
- Ledgerflow intros bank, lending expertise.
- FinCen overhaul to AML would convey readability.
- Marco Monetary will get $26M in funding, credit score.
- SoftBank is investing $2B in Latin America.
- CIA added R&D arm, focuses on blockchain.
Fintech Zoom International Fintech Awards Highlight:
Yearly Fintech Zoom, a number one information and knowledge platform, holds the International Fintech Awards, a day of dealmaking, networking, and recognition within the fintech house.
Forward of the November 10, 2020 occasion, this text highlights disruptive innovators working to create optimistic and various change in monetary providers.
At the moment’s disruptive innovator is NetworkFinancials, an AI-driven funding knowledge platform.
For an opportunity to make your mark on the way forward for innovation and be featured on this e-newsletter, try our International Fintech Awards! To assist determine who’s main, be a part of the judges panel.
Watch For This: California is placing all new unemployment advantages claims on maintain for the subsequent two weeks because it tries to type out an epic backlog affecting greater than 1.6 million individuals who have misplaced their jobs amid the coronavirus disaster. – Fintech Zoom
- Singapore turns into a secure harbour for tech.
- Billions present existence and hobbies revealed.
- Covid upended middle-class household funds.
- Lunar tech is put in into autonomous vehicles.
- Uber self-driving operator charged for demise.
Photograph taken from Visible Capitalist.
Market Shifting Headline: International banks confronted a contemporary scandal about soiled cash on Monday as they sought to restrict the fallout from a cache of leaked paperwork exhibiting they transferred greater than $2 trillion in suspect funds over almost twenty years. – Reuters
- Increased inflation regime within the medium time period.
- Fb threatens EU pullout on scrutiny.
- Musk sees no increase from Battery Day occasion.
- Fed weighed extending bank dividend caps.
- Monitoring, understanding labor disaster at sea.
- Nikola founder steps apart amid allegations.
- ByteDance won’t switch algos to Oracle.
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