Posted on November 12, 2020 | by news-summaadvisory

Top Fintech News Stories for November 10, 2020

Here are the most read news stories from our daily newsletter today:

The race to be China’s top fintech platform: Ant vs Tencent – TechCrunch
SEC Issues Statement on Wyoming Division of Banking’s No Action Letter Regarding Digital Asset Custody – Crowdfund Insider
Prize-linked savings accounts get a boost from flood of new deposits – American Banker
Why banks don’t die – The Finanser
Beijing Municipal Government Conference Notes Plans to Pilot CBDC in China’s Capital – CoinDesk
What kind of regulator can Biden get past a GOP Senate? – American Banker
Is Small-Town America Being Unbanked? (and More Hidden ‘Trends’) – The Financial Brand
Experian leverages Open Banking to factor Spotify and Netflix subscriptions into credit scores – AltFi
CRED Goes Bust, Files for Chapter 11 Bankruptcy – Crowdfund Insider
Banks need to move past ‘gotcha’ overdraft fees, PNC chief Demchak says – American Banker

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