Top Fintech News Stories for October 27, 2020

Here are the most read news stories from our daily newsletter today:

• Silvergate Bank Sees 40% Increase in Deposits From Digital Currency Customers – CoinDesk
• The lakes, ponds, streams and brooks of finance – The Finanser
• Harshul Sanghi, global head of Amex Ventures, talks investing and state of fintech today – FinLedger
• Banks, PPP recipients caught in bind between two SBA rescue programs – American Banker
• “Future Relevance” for Traditional Banks Is No Longer based on Digital Payments Alone: Report – Crowdfund Insider
• Should banks be worried about skyrocketing fintech valuations? – American Banker
• Ant Group could raise as much as $34.5B in IPO in what would be world’s largest IPO – TechCrunch
• PrimaryBid raises $50m fundraise, plots global expansion – AltFi
• OCC chief says agency is close to proposing new CRA scoring benchmarks – American Banker
• VC Funding for Fintechs Is Down, but Large Banks are “Quietly” Investing in Financial Tech Startups: Report – Crowdfund Insider