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Pandemic Piggy Banks Run Dry: US Economy Braces For Impact
Thursday, June 27, 2024 - 1:53pm | 416The U.S. economy has remained resilient in recent years as consumers spent their COVID-19 pandemic savings, but that financial cushion has worn thin and is no longer able to play a key role in propping it up, economists say. The Federal Reserve Bank of San Francisco estimated in May that pandemic...
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French Regulators Approve Banking Giants Crédit Agricole, Santander For Crypto Custody
Thursday, June 22, 2023 - 10:59am | 499In a significant development, CACEIS, a fundamental asset servicing division of banking behemoths Crédit Agricole and Santander, has received the green light from French regulators to offer cryptocurrency custody services. As per France's Financial Markets Authority (AMF), CACEIS Bank...
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Fintech Focus For August 18, 2021
Tuesday, August 17, 2021 - 4:51pm | 1927Quote To Start The Day: “For too long, Wall Street has had an unfair advantage over Main Street by accessing data and information before smaller investors. Benzinga’s core mission is to bring easier-to-consume news to retail investors, in order to even the playing field between main...
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Fintech Focus For July 9, 2021
Thursday, July 8, 2021 - 6:55pm | 1933Quote To Start The Day: “Life is a long lesson in humility.” Source: James M. Barrie One Big Thing In Fintech: Derivatives could be the next financial “lego block” to be disrupted by DeFi. To get an idea of how massive the opportunity is, spot trades (stocks, bonds,...
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Fintech Focus For July 6, 2021
Monday, July 5, 2021 - 9:26pm | 2275Quote To Start The Day: “Money is made by sitting, not trading.” Source: Jesse Livermore One Big Thing In Fintech: In a working paper published on July 1, researchers with the Bank for International Settlements looked at trends among crypto investors. Central to the research was a...
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Fintech Focus For May 21, 2021
Thursday, May 20, 2021 - 7:11pm | 2697Quote To Start The Day: “A smile cures the wounding of a frown.” Source: William Shakespeare One Big Thing In Fintech: As part of a vision to democratize access to actionable and timely stock market information, Benzinga partnered with Nasdaq Inc. Apart from supporting firms like Apple...
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Fintech Focus For April 5, 2021
Sunday, April 4, 2021 - 9:35pm | 2002Quote To Start The Day: If you really look closely, most overnight successes took a long time. Source: Steve Jobs One Big Thing In Fintech: JPMorgan issued a note Thursday that bitcoin could fetch a long-term price of $130,000 if its volatility continues to decline. Source: Coindesk Other Key...
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Fintech Focus For November 18, 2020
Tuesday, November 17, 2020 - 6:49pm | 2035Quote Of The Day: We are what we repeatedly do; excellence, then, is not an act but a habit. - Aristotle Fintech Movers: Robinhood Markets, the trading platform that’s proved popular with novice investors, has asked banks to pitch for roles in an initial public offering, according to people...
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Fintech Focus For November 16, 2020
Sunday, November 15, 2020 - 10:15pm | 1771Quote Of The Day: If you are not willing to risk the usual, you will have to settle for the ordinary. - Jim Rohn Fintech Movers: The most well-funded US fintech startup is SoFi, with $2.5B in disclosed equity funding. The San Francisco-based personal finance platform offers an array of financial...
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Fintech Focus For October 28, 2020
Tuesday, October 27, 2020 - 5:52pm | 2346Quote Of The Day: Life is a long lesson in humility. - James M. Barrie Fintech Movers: UBS Group AG plans to invest $200 million of its own money in fintech companies over the medium term in a push to further digitize its services and find new ways to engage with clients. - Bloomberg Benzinga...
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Fintech Focus For September 25, 2020
Thursday, September 24, 2020 - 6:18pm | 2049Quote Of The Day: War is what happens when language fails. - Margaret Atwood Fintech Movers: NYCE, a fintech geared towards real estate investing, formally announced it became the fastest real estate company to raise $1 million through the Regulation CF, on the Wefunder and Republic investing...
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Fintech Focus For September 14, 2020
Sunday, September 13, 2020 - 8:52pm | 1823Quote Of The Day: I failed my way to success. - Thomas Edison Fintech Movers: Coinbase CEO Brian Armstrong doubled down on his past criticism of Apple, highlighting the tech giant's unwillingness to allow certain crypto-related features on its mobile app. - Block Central bankers near a...
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Fintech Focus For July 14, 2020
Tuesday, July 14, 2020 - 4:51pm | 1551Daily Perspective: If you look at what you have in life, you'll always have more. If you look at what you don't have in life, you'll never have enough. - Oprah Winfrey Fintech Movers: $64 billion was invested in North American startups (companies based in Canada and the United States)...
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Brian Kelly Introduces An Active Blockchain ETF
Thursday, May 17, 2018 - 10:52am | 589Brian Kelly, founder of BKCM Funds and a frequent CNBC contributor and guest, partnered with exchange traded funds issuer REX Shares to introduce the REX BKCM ETF (NYSE: BKC). The REX BKCM ETF, which debuted Wednesday, is the fifth blockchain ETF to come to market this year and the second...
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Making a Deposit With The European Bank ETF
Friday, November 6, 2015 - 3:17pm | 583When it comes to exchange-traded funds that hold bank stocks, many U.S. investors focus on familiar ETFs such as the Select Sector Financial Slct Str SPDR Fd (NYSE: XLF) and the iShares Dow Jones US Financial (ETF) (NYSE: IYF), but that domestic bias could be costing those investors opportunity...