Posted on January 22, 2021 | by news-summaadvisory

Top Fintech Stories for January 21, 2021

Here are the top news stories from our daily newsletter today:

Monzo founder Tom Blomfield is departing the challenger bank and says he’s ‘struggled’ during the pandemic – TechCrunch
Turning LendingClub into a full-spectrum bank – American Banker
Crypto Custody Gets Shot in the Arm from Goldman & Anchorage – LendIt Fintech News
Brian Brooks has left the building – now what? – FinLedger
Despite a 9% hit, UK remains top of the fintech investment leaderboard in Europe – AltFi
App Store Approach Helps Banks Manage Partners, Speed Digital Transformation – PYMNTS
China plans tougher antitrust rules for non-bank payments industry – Reuters
STIR/SHAKEN is Shaking up the Contact Industry: Everything You Should Know about the FCC’s New Requirements – LendIt Fintech
Fintech startups and unicorns had a stellar Q4 2020 – TechCrunch
BlackRock Gives 2 Funds Go-Ahead to Invest in Bitcoin Futures – Coindesk

Other Related Insights

A place for information on subject matter expertise and guidance on four dynamic industries that are changing the way business is conducted.

The Precarious Framework Underpinning Stablecoins’ Rise

If structured as they are at present, most decentralized protocols may lead to sanctions-framework violations and — potentially — partial bans or heavy fines from the Treasury and other government bodies. At the core of what we’re doing in defi, permissionlessness is a feature, not a bug..

Stablecoins on the Menu as Fed Meets in Jackson

All eyes are on Wyoming this week as the Federal Reserve will be meeting for its annual Jackson Hole Symposium, hosted by the Kansas City Fed. Among the items on the menu: the latest research from top economists (which may sound like a snooze fest, but it’s worth paying attention to, as some of th..

Funded: Cache raises $12.5M Series A to unlock sophisticated tools for concentrated stockholders

Hi there and welcome to Funded, where we spotlight early-stage bets on the future of tech. This week’s feature zeros in on a fast-growing fintech that’s rethinking how employees with big stock positions can protect and diversify their wealth without taking a tax hit. San Francisco-based Cache ha..