Here’s what is actually very hot — and what is not — in fintech correct now

Here’s what is actually very hot — and what is not — in fintech correct now


Crucial Factors
  • At Dollars 20/20 in Amsterdam this week, organization-going through fintechs like Airwallex, Payoneer, and ClearBank had been all the rage, whilst client apps these kinds of as Revolut have been nowhere to be identified.
  • The region that drew the most buzz from Revenue 20/20 attendees was artificial intelligence, with fintech and banking leaders wanting to harness the technology’s opportunity while evaluating the hazards.
  • Quite a few fintech executives CNBC interviewed spoke of how they’re not intrigued in launching goods customized to crypto as the demand from their prospects is just not there.



Supply

HSBC to recognize .1 billion provision in third quarter after court ruling in Madoff case
Finance

HSBC to recognize $1.1 billion provision in third quarter after court ruling in Madoff case

Key Points HSBC said on Monday that it will recognize a provision of $1.1 billion in its third quarter results. A Luxembourg court denied HSBC’s appeal in respect of Herald’s securities restitution claim. Source

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Stocks making the biggest moves premarket: Intel, Ford, Deckers, P&G, Comfort Systems & more
Finance

Stocks making the biggest moves premarket: Intel, Ford, Deckers, P&G, Comfort Systems & more

Check out the companies making headlines before the opening bell : Intel — The chip stock surged more than 7% in premarket trading after the company reported better-than-expected revenue as demand for its core x86 processors for PCs recovered. Ford Motor — The Detroit automaker moved 4.2% higher following its third-quarter earnings beat . Ford’s […]

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