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Fintech Focus For February 1, 2021

Quote To Start The Day: The value of the cold email is so underrated. Source: Michael Gruen One Big Thing In Fintech: When Robinhood, a startup that promises to make finance accessible for all, temporarily limited trading on GameStop, AMC, and other memestocks, many retail investors were pissed that the fintech darling suddenly didn’t live up to its name. The specific reasons may have been short-term and technical, but the choice looked corrupt to the average person. What can other startups learn? Here are some lessons: First, the push for decentralized systems will become more aggressive, positioning startups in the cryptocurrency and overall DeFi space well. On Thursday, Reddit co-founder Alexis Ohanian spoke to Congresswoman Alexandria Ocasio-Cortez on a Twitch stream about the GameStop saga. “No one’s gonna wake up in a week and be like let’s all go back to how it was. The collective public cannot unsee this, and so I think that there’s going to be more and more energy to find decentralized solutions. There is so much energy to rally behind something that isn’t capable of having the game rigged,” Ohanian said. Source: TechCrunch Other Key Fintech Developments: Unpacking Robinhood’s challenges. Fidelity is in talks to stake Starling. Walmart expands financial services. State of fintech – investment trends. Challenger banks outlook for 2021. Barclays welcomes NY accelerator. FCA calls on banks to halt closures. TradeZero sees applications surge. Plaid intros a tool for direct deposit. City National, Extend intro solution. LSE, AllianceBlock eye agreement. Watch Out For This: On day one, U.S. President Joe Biden rolled back a handful of Trump-era measures targeting undocumented immigrants. But less than a week later, a lawsuit brought by Texas Attorney General Ken Paxton has temporarily hamstrung a key piece of the new administration’s immigration agenda: its 100-day moratorium on deportations. Source: CityLab Interesting Reads: Mt. Gox demise as told by an insider. 10-20x revenue multiples to remain. BlackRock, Vanguard fuel GME rise. Cybertruck, Roadster, Semi delayed. Silver spiking on the weekend open. Unpacking historical VIX explosions. Market Moving Headline: After extending the S&P 500’s rally, as well as establishing acceptance near the $3,850.00 price extension, an upside target, and excess (i.e., a proper end to price discovery), participants auctioned back into range, repairing poor structures left in the wake of initiative buying. The action found acceptance below the $3,824.00 – $3,763.75 balance-area, invalidating the prior week’s break-out to new highs. Key Takeaways: – Trend broke, growth downgraded, a top is in. – De-leveraging amid hot sentiment, panicking. – VIX term structure inverts, outlier risk is on. – Dips will present a favorable buy opportunity. In light of the technical breakdown, U.S. stock indexes are best positioned for downside discovery. As a result, participants ought to zoom out, and look for valuable areas to transact. In the best case, the S&P 500 takes back Friday’s liquidation and auctions above the $3,727.75 high-volume area (HVNode). Expectations thereafter include continued balance. Any break that finds increased involvement (i.e., supportive flows and delta) below the $3,689.50 HVNode, would favor continuation as low as the $3,611.50 and $3,556.00 HVNodes. Source: Physik Invest See more from BenzingaClick here for options trades from BenzingaEntrepreneur And Media Personality Michael Gruen On The Power In Cold Emailing, ConnectingFintech Focus Roundup For January 30, 2021© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Quote To Start The Day: The value of the cold email is so underrated.

Source: Michael Gruen

One Big Thing In Fintech: When Robinhood, a startup that promises to make finance accessible for all, temporarily limited trading on GameStop, AMC, and other memestocks, many retail investors were pissed that the fintech darling suddenly didn’t live up to its name. The specific reasons may have been short-term and technical, but the choice looked corrupt to the average person.

What can other startups learn? Here are some lessons:

First, the push for decentralized systems will become more aggressive, positioning startups in the cryptocurrency and overall DeFi space well. On Thursday, Reddit co-founder Alexis Ohanian spoke to Congresswoman Alexandria Ocasio-Cortez on a Twitch stream about the GameStop saga.

“No one’s gonna wake up in a week and be like let’s all go back to how it was. The collective public cannot unsee this, and so I think that there’s going to be more and more energy to find decentralized solutions. There is so much energy to rally behind something that isn’t capable of having the game rigged,” Ohanian said.

Source: TechCrunch

Other Key Fintech Developments:

  • Unpacking Robinhood’s challenges.

  • Fidelity is in talks to stake Starling.

  • Walmart expands financial services.

  • State of fintech – investment trends.

  • Challenger banks outlook for 2021.

  • Barclays welcomes NY accelerator.

  • FCA calls on banks to halt closures.

  • TradeZero sees applications surge.

  • Plaid intros a tool for direct deposit.

  • City National, Extend intro solution.

  • LSE, AllianceBlock eye agreement.

Watch Out For This: On day one, U.S. President Joe Biden rolled back a handful of Trump-era measures targeting undocumented immigrants. But less than a week later, a lawsuit brought by Texas Attorney General Ken Paxton has temporarily hamstrung a key piece of the new administration’s immigration agenda: its 100-day moratorium on deportations.

Source: CityLab

Interesting Reads:

  • Mt. Gox demise as told by an insider.

  • 10-20x revenue multiples to remain.

  • BlackRock, Vanguard fuel GME rise.

  • Cybertruck, Roadster, Semi delayed.

  • Silver spiking on the weekend open.

  • Unpacking historical VIX explosions.

Market Moving Headline: After extending the S&P 500’s rally, as well as establishing acceptance near the $3,850.00 price extension, an upside target, and excess (i.e., a proper end to price discovery), participants auctioned back into range, repairing poor structures left in the wake of initiative buying.

The action found acceptance below the $3,824.00 – $3,763.75 balance-area, invalidating the prior week’s break-out to new highs.

Key Takeaways:

– Trend broke, growth downgraded, a top is in.

– De-leveraging amid hot sentiment, panicking.

– VIX term structure inverts, outlier risk is on.

– Dips will present a favorable buy opportunity.

In light of the technical breakdown, U.S. stock indexes are best positioned for downside discovery.

As a result, participants ought to zoom out, and look for valuable areas to transact.

In the best case, the S&P 500 takes back Friday’s liquidation and auctions above the $3,727.75 high-volume area (HVNode). Expectations thereafter include continued balance.

Any break that finds increased involvement (i.e., supportive flows and delta) below the $3,689.50 HVNode, would favor continuation as low as the $3,611.50 and $3,556.00 HVNodes.

Source: Physik Invest

See more from Benzinga

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

One Big Thing In Fintech: When Robinhood, a startup that promises to make finance accessible for all, temporarily limited trading on GameStop, AMC, and other memestocks, many retail investors were pissed that the fintech darling suddenly didn’t live up to its name. The specific reasons may have been short-term and technical, but the choice looked corrupt to the average person.

Source: https://finance.yahoo.com/news/fintech-focus-february-1-2021-045653301.html

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Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML.

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September 14, 2021September 14, 202100

FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and daily.

MonetaGo Provides First-Ever Global Solution to Duplicate Financing Fraud in Trade Finance

MonetaGo, a financial technology solutions provider, announced a new platform to combat financing fraud in trade finance on a global level. The world of trade finance has repeatedly been the victim of duplicate financing fraud. In such cases, firms may secure financing in the country of origin, the destination country and a financial center – all on the same trade.

bunq Partners With Paysafe to Enable Cash Deposits for Digital Banking

bunq, the app-based Dutch challenger bank, has partnered with leading specialised payments platform, Paysafe, to provide customers with access to cash services. Customers who prefer to use cash in their daily lives can now use Paysafecash, one of Paysafe’s eCash solutions, to conveniently add cash into their bunq accounts.

Influ2 to Present at Gartner Marketing Symposium/Xpo

Influ2, a Person-Based Marketing platform that allows B2B marketers to reach key decision-makers within their target accounts, announced that the Head of ABM, Daria Ivanova, and VP of Marketing, Nirosha Methananda, will speak at this year’s Gartner Marketing Symposium/Xpo.

Avex Market Launches State of the Art Crypto Trading Platform

Speculations regarding the possible adoption of cryptocurrencies as legal tender all over the world have enhanced the crypto market’s volatility. For that reason, newly launched trading brand Avex Market has announced that it is implementing a trading platform with unprecedented technology.

Bitlocus Exchange Announces the Private Sales Round for Its Native Token

We’re delighted to announce that registration for the Bitlocus token private sales, a fast-developing DeFi investment platform for fiat-based investors, has opened. Considering DeFi as a fast-paced industry with constant innovation and an expanding ecosystem, many investors and businesses find it difficult to grasp or integrate this into their operations, preventing them from accessing the many benefits and potentials of the fast-growing industry.

Source: https://globalfintechseries.com/fintech/daily-fintech-series-roundup-top-fintech-news-analytics-and-insights-14-sept/

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What Is Your Next Step? –

Find the latest HUMBL stocks quote, history, news and other vital information to help you with your stock trading

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What Is Your Next Step? – Fintech Zoom | Fintech Zoom

What Is Your Next Step? – Fintech Zoom

HUMBL (HMBL) stock was falling down from $0.9950 on July 19 to $0.7960 on August 5 with the small volatility. However, after this fall, the stock started to grow at a fast pace and reached $0.9449 on August 6. But the stock did not stay in that place and again started to continuously fall with the small volatility until it reached $0.8060 for today.
HUMBL® Announces Launch of HUMBL Pay Mobile ApplicationHUMBL’s stock has fallen amid a selloff and now should the investors consider obtaining the stock? There is no news in the previous week, however, a little bit earlier it was announced that the company has entered into a Securities Purchase Agreement with the Aurea Group Ventures which is based in Chile.

According to the agreement, Aurea obtains the common stock of the company and the country rights for the territory of Chile for the amount of $75 million. Aurea Group Ventures already have acquired 437,000 shares of the company which was totaled $1 million.

Finance and Entertainment Reporter

Richard is a bottle of wine – the older the sweeter. He has already found the sweetest hobby in writing entertainment and finance news for Fintech Zoom. Readers get the updated posts regularly from him searching for real-time news.

What Is Your Next Step? – Fintech Zoom

Tags: Gamestop Stock , AMC Stock
Stock Market, Latest News on C N N.

What Is Your Next Step? – Fintech Zoom | Fintech Zoom

Tags: Gamestop Stock , AMC Stock
Stock Market, Latest News on C N N.

Source: https://fintechzoom.com/fintech_news_tsnp-stock/what-is-your-next-step-fintech-zoom-fintech-zoom/

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Thinking about buying stock in Sphere 3D, Future Fintech Group, Vinco Ventures, Globalstar, or Sundial Growers?

/PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for ANY, FTFT, BBIG, GSAT, and SNDL. To see how InvestorsObserver’s proprietary scoring…

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NEW YORK, Sept. 3, 2021 /PRNewswire/ — InvestorsObserver issues critical PriceWatch Alerts for ANY, FTFT, BBIG, GSAT, and SNDL.

To see how InvestorsObserver’s proprietary scoring system rates these stocks, view the InvestorsObserver’s PriceWatch Alert by selecting the corresponding link.

(Note: You may have to copy this link into your browser then press the [ENTER] key.)

InvestorsObserver’s PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock’s overall suitability for investment.

SOURCE InvestorsObserver

Related Links

http://www.investorsobserver.com

Source: https://www.prnewswire.com/news-releases/thinking-about-buying-stock-in-sphere-3d-future-fintech-group-vinco-ventures-globalstar-or-sundial-growers-301369164.html

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