Goldman

Quote To Start The Day: "You will face many defeats in life, but never let yourself be defeated." Source: Maya Angelou One Big Thing In Fintech: Aries, a retail-focused brokerage built by and for traders, is set to launch globally this summer. In light of the company’s rapid growth...

Quote To Start The Day: “Whatever you are, be a good one.” Source: Abraham Lincoln One Big Thing In Fintech: Metromile Inc, an insurance-focused fintech powered by data science and machine learning, announced Thursday it will allow policyholders the option to pay for insurance and...

Quote To Start The Day: “The time to settlement equals counterparty risk, which can become elevated during market shocks. It can also lead to the need for higher margin requirements, which are critical to protecting the financial system and investors against a firm default.” “We...

Quote To Start The Day: Robinhood Markets, GameStop Corp. and hedge funds are all on the wish list that House Financial Services Committee Chair Maxine Waters is assembling for a hearing that will dig into the Reddit-fueled stock trading that has shocked Wall Street and lawmakers. “I’m...

Quote To Start The Day: Don’t try to beat the competitors at their own game. You have to invent a new game — and master it. Source: Reid Hoffman One Big Thing In Fintech: The COVID-19 crisis has put pressure on banks to improve their digital offering as lockdowns have forced customers...

Quote 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...

Quote Of The Day: Do not be mistaken. The relative calm we feel right now isn’t the end of the storm, it is just the eye. - Scott Minerd Fintech Movers: Decentralised finance (DeFi) is now being taken seriously by traditional finance. In a European-wide survey of financial institutions...

Quote Of The Day: Life is trying things to see if they work. - Ray Bradbury Fintech Movers: Dozens of brokerage log-ins are for sale on the dark web with portfolios ranging in the low thousands to a half million dollars. - CNBC Troutwood intros app for stock investment. Acorns helping unemployed...

Quote Of The Day: The only real prison is fear, and the only real freedom is freedom from fear. - Aung San Suu Kyi Fintech Movers: With COVID-19 and remote work causing many people to reconsider where they live, cities like Austin, Denver and Salt Lake City have increasingly come into the...

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: 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...

Daily Perspective: I have no special talent. I am only passionately curious. - Albert Einstein Fintech Movers: PayPal executives said society has reached an "inflection point" when it comes to the "death of cash," and noted that 70% of consumers now fear for their health when...

Daily Perspective: Opportunities multiply as they are seized. - Art Of War Fintech Movers: Startups like Atomic, Astra, and Canopy are already starting to build gateless, autonomous fintech products. When they arrive, the future of money will look very little like the past. - Forbes TradeZero...