Fintech Focus For January 4, 2020 benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.
2020 the year that shook fintechs.
VanEck refiles for new BTC ETFs.
Brokerages face sky high demand.
Visa adds a novel CBDC protocol.
Analysis: Open banking in Brazil.
Building stablecoin from arbitrage.
Future FinTech taps $8M in funds.
Betterfly extended Series A round.
SEC’s Ripple lawsuit halts trading.
Watch Out For This:
False rumors spread faster and wider than true information, according to a 2019 study published in Science by MIT Sloan professor Sinan Aral and Deb Roy and Soroush Vosoughi of the MIT Media Lab.
They found falsehoods are 70% more likely to be retweeted on Twitter than the truth, and reach their first 1,500 people six times faster. This effect is more pronounced with political news than other categories.
Quote To Start The Day: “[T]his has actually been a phenomenal year for fixed income, and yields have plummeted, which is not all that phenomenal. But it has led to phenomenal returns for investors. But with yields now really at these very, very low levels across the curves and across the credit spectrum, investors are looking for opportunities for yield. And one of the ways to boost yield is of course to deploy a little bit of leverage … The reason why we think this is an opportune environment to do that is because, from an economic standpoint, I think we re going to be in a more stable place in 2021. So we shouldn t have to worry about credit events.”