Posted on February 12, 2021 | by news-summaadvisory

Top Fintech News Stories for February 10, 2021

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

Fidelity Holds Secret Weapon to Take On Robinhood and Vanguard – The Wall Street Journal
Billionaire Mark Cuban says retail investors want revenge and Bitcoin won’t be a currency in a new interview. Here are the 14 best quotes. – Business Insider
Credit-Card Companies Should Open Their Wallets – The Wall Street Journal
Is Klarna now worth $30bn? Rumours of a $500m fundraise circulate – AltFi
New York regulator offers incentives for climate-friendly loans – American Banker
Multilingual Neobank Fair Raises $20 Million To Address Racial Wealth Gap – PYMNTS
UK Fintech Curve Appoints Former CreditEase Managing Partner Anju Patwardhan As Non-Executive Director to the Board – Crowdfund Insider
Why banks are rewarding customers for exercising – American Banker
Meet the entrepreneurs bringing bitcoin to institutions – TechCrunch
Short-Term Lending Shows Promise As Lifeline For Paycheck-To-Paycheck Consumer – PYMNTS

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..