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Fintech Focus Roundup For July 10, 2021
Friday, July 9, 2021 - 12:39pm | 1371Fintech Spotlight: State Street Builds Out Data, Digital Experiences State Street Corp, a fintech serving some of the most sophisticated market participants, has announced a partnership with Canoe Intelligence to roll out cloud-based, machine learning technology that transforms private markets...
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Fintech Focus For July 1, 2021
Wednesday, June 30, 2021 - 7:07pm | 2232Quote To Start The Day: “If you do what you’ve always done, you’ll get what you’ve always gotten.” Source: Tony Robbins One Big Thing In Fintech: NYCE Companies formally announced Wednesday a record-breaking $1.31-million raise, as well as the signing of a deal to go...
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NYCE Breaks Crowdfunding Record, Announces Blockchain IPO With tZero
Wednesday, June 30, 2021 - 2:10pm | 996NYCE formally announced Wednesday a record-breaking $1.31-million raise, as well as the signing of a deal to go public with blockchain-powered alternative trading system tZero Group Inc (OTC:TZROP), a subsidiary of Medici Ventures, the venture capital arm of Overstock.com Inc (NASDAQ: OSTK). What...
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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 Roundup For December 19, 2020
Friday, December 18, 2020 - 6:57pm | 1242Chase Digital's Allison Beer On Disruptive Trends The coronavirus pandemic accelerated digital finance trends. That’s according to Allison Beer, the head of Chase Digital, JPMorgan Chase & Co’s digital banking and innovation arm. Over her career in financial services at...
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Fintech Focus For December 17, 2020
Wednesday, December 16, 2020 - 6:26pm | 2091Quote To Start The Day: Pricing an IPO is more of an art than a science. Source: Ran Ben-Tzur One Big Thing In Fintech: A massive delta exists between public and private assets. That’s according to Solomon Tesfaye, the vice president of business development and capital markets at tZero Group...
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Fintech Focus For September 11, 2020
Thursday, September 10, 2020 - 6:31pm | 2385Quote Of The Day: I find that the harder I work, the more luck I seem to have. - Thomas Jefferson Fintech Movers: There is a great industry need for automated corporate actions solutions, according to a survey by SIX conducted among leading global asset managers, wealth managers, custodians,...
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Fintech Focus For July 30, 2020
Thursday, July 30, 2020 - 8:06pm | 1944Daily Perspective: Not all those who wander are lost. - J.R.R. Tolkein Fintech Movers: Investors and entrepreneurs say that while the COVID-19 pandemic has boosted demand for fintechs in areas such as digital payments and online trading, it has hurt more vulnerable sectors such as online lending....
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Ex-Overstock CEO Byrne Talks Timing Of Resignation With Fox, 'Political Espionage'
Friday, August 23, 2019 - 9:58am | 445Former Overstock.com Inc (NASDAQ: OSTK) CEO Patrick Byrne stepped down Thursday after two decades of running the company. His resignation is quite bizarre and includes references to the "deep state" and Clinton family. Hours after his resignation, the executive appeared on Fox...
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Overstock Updates tZero, Blockchain Initiatives
Friday, August 9, 2019 - 8:00am | 267In its second-quarter earnings announcement, Overstock.com Inc (NASDAQ: OSTK) noted positive trends with its retail and blockchain subsidiaries Medici Ventures and tZero. Among the announcements, Medici Ventures is in talks with Facebook (NASDAQ: FB) over Libra and tZero is targeting its launch of...
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Overstock CEO: 'We Will Sell The Retail Business If It Makes Sense'
Monday, July 15, 2019 - 10:58am | 258Overstock.com, Inc. (NASDAQ: OSTK) released a letter to shareholders from CEO Patrick Byrne Monday that discussed company developments, the future of blockchain and the possible sale of its retail business. In the letter, Byrne updates shareholders on “tZERO,” the blockchain-...
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Analyst Calls Overstock's Crypto Wallet App A 'Significant Milestone'
Friday, June 28, 2019 - 1:05pm | 392Overstock.com, Inc. (NASDAQ: OSTK) is launching a mobile wallet app for buying and using cryptocurrency, leading investors to spend traditional money snapping up the stock Friday morning. The Analyst DA Davidson’s Tom Forte reiterated a Buy rating on Overstock with a $48 price target. The...
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Betting On Bitcoin? A Look At Some Large Overstock Option Trades
Thursday, June 27, 2019 - 1:53pm | 637Bitcoin prices have been on fire in recent weeks, and Overstock.com Inc (NASDAQ: OSTK) has been along for the ride. Overstock shares are up more than 44% in the past week, and at least one large option trader believes the Overstock rally has legs. The Trades On Thursday morning, Benzinga Pro...
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Report: Overstock Set To Launch tZERO Security Token Trading Platform
Tuesday, January 22, 2019 - 1:18pm | 467The highly anticipated launch of the Overstock.com Inc. (NASDAQ: OSTK) tZERO security token trading platform is reportedly coming this week. What Happened Overstock CEO Patrick Byrne said the company was “ready to hit the button and go live” on Friday with security token...
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Overstock Could Sell Retail Unit As Soon As February Amid Blockchain Pivot
Friday, November 23, 2018 - 11:25am | 646Overstock.com Inc (NASDAQ: OSTK) shares — which have lost about three-quarters of their value since the start of the year — were rallying Friday as the e-commerce website announced a shift in its business model. What Happened Overstock, which formally launched the...