Citi

Quote Of The Day: Merely raising tax rates on the wealthy and corporations wouldn’t really make the system any fairer. - Bloomberg Fintech Movers: Crypto-friendly bank Silvergate said it was particularly "bullish" on its payments platform during its Q2 earnings call. Now it's...

Quote Of The Day: Don’t be afraid of Covid. - President Trump Fintech Movers: From providing digital payment solutions in channeling electricity subsidies and social safety nets for workforces, to becoming an investment platform for government debt securities, fintech firms assist...

Quote Of The Day: I have learned over the years that when one's mind is made up, this diminishes fear. - Rosa Parks Fintech Movers: [T]he number of buy-side firms that execute less than 20% of trades algorithmically, declined from 26% in 2017 to just 17% in 2020. Similarly, the number of firms...

Quote Of The Day: Wars are poor chisels for carving out peaceful tomorrows. - Martin Luther King, Jr. Fintech Movers: Insurtech has emerged as a major draw for VC investment, with the space attracting more than $6B in funding last year. - CB Insights Iownit intros a DLT for private markets. How...

Quote Of The Day: There is little money to be made almost anywhere in the world. - Bill Gross Fintech Movers: Fintech is viewed as the “new normal” by 73 percent of Americans, according to the report, and 67 percent plan to continue managing most of their finances digitally after COVID...

Quote Of The Day: I find that the harder I work, the more luck I seem to have. - Thomas Jefferson Fintech Movers: There is a great industry need for automated corporate actions solutions, according to a survey by SIX conducted among leading global asset managers, wealth managers, custodians,...

Quote Of The Day: Nobody wants to fly across the country for a two hour meeting when you can do it just as well on Zoom. - James Altucher Fintech Movers: The main challenge Central American fintech faces is a lack of tech infrastructure and knowhow. That’s why social impact funds are...

Quote Of The Day: Whoever is happy will make others happy too. - Anne Frank Fintech Movers: There is a large opportunity for Google to leverage its massive direct consumer relationships to attract [banks] to sign up for co-branded checking accounts. For many of the bank and credit union partners,...

Quote Of The Day: Central bank independence? Gone. - Ben Melkman Fintech Movers: Despite all the talk surrounding digital transformation and the changes that coronavirus has spurred on, not all traditional banks have achieved full digital transformation. - Banking Dive Wealth Builders taps...

Quote Of The Day: There's no evidence of a V-shaped spike in animal spirits commensurate with near record-high equity indices. - John Hill Fintech Movers: Acting Comptroller of the Currency Brian Brooks said Thursday he thinks banks will be connecting to blockchain the way they are connecting...

Daily Perspective: The way to get started is to quit talking and begin doing. - Walt Disney Fintech Movers: Spending on e-commerce platforms will be three times more in the next five years, with digital consumers in Southeast Asia expected to spend an average of $390 in 2025, up from the $125 ......

Daily Perspective: God created war so that Americans would learn geography. - Mark Twain Fintech Movers: Startups can fail for lots of reasons, but Silicon Valley usually says it is “product-market fit.” “Lean startup” culture has taught entrepreneurs to prioritize testing...