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Fintech

Fintech
·Sep. 16, 2021

Welcome to the LendIt Fintech Daily Global newsletter

We’ve been working behind the scenes and under the hood of the various engines that drive our newsletters this week....
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SEC Regulation
Regulation
·Sep. 16, 2021

Senate banking hearing grills Gensler on SEC regs, crypto, retail investing, and more

Gensler said his biggest worry about the equity market was competition and consolidation. While retail investing has taken off, the PFOF that enables it is ripe for conflict of interest.

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New York street scene
Fintech
·Sep. 17, 2021

NYC Moonshot challenge: $20k to fintech that promotes inclusion in Bronx

The city is willing to shell out prize money for new ideas to build better communities, financial first.

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Person holding cash
Payments
·Sep. 21, 2021

Trouble in pay-radise: Surveys show rising BNPL default rates

As the sparkling firecracker news of acquisitions, plans, and partnerships in the BNPL space fizzle, oversight reporting has sprung up. A Credit Karma survey found that of those who used BNPL, more than half of the younger crowd missed at least one payment.

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Person on laptop
Banking
·Sep. 22, 2021

LendIt Fintech & Amount team up on BNPL survey

LendIt Fintech has teamed up with leading fintech firm Amount to put together a survey asking banks and fintechs about launching a BNPL credit product.

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NFT collectible
NFTs
·Sep. 28, 2021

Tom Brady, Tiger Woods join growing surge of NFTs

Most NFTs function right now as digital collectibles, traded on marketplaces like the ever-popular OpenSea.

 

The site saw $3.4 billion in trading volume in August, 10 times the trade volume in July.

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Etheruem coins
Fintech
·Sep. 30, 2021

Nahmii aims to push Layer 2 solutions into commercial viability

Jacobo Toll-Messia’s mission is to scale Layer 2 solutions to the point where they become viable commercial uses and he wants Nahmii to take it there.

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Fintech
·Sep. 30, 2021

Nexus Dealmakers and LendIt Industry Awards Together in Miami in 2022

Nexus Dealmakers Summit and the LendIt Fintech Industry Awards will be happening in Miami on February 7-8. Fintech leaders, as well as investors and bankers, will be gathering to network and celebrate the amazing achievements of the past 18 months.
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Fintech
·Oct. 1, 2021

How to build a successful BNPL

Yesterday morning, four fintech experts joined a Lendit panel to discuss Buy Now Pay later: how to lay the foundations for a successful BNPL offering.

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Banking
·Oct. 4, 2021

Payment for Order Flow: Bernie Madoff’s golden goose

It's not a new thing. PFOF has been a contentious issue for more than 30 years. But, with the rise of feeless retail trading options since 2018, PFOF is back in the news.

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