Benzinga | Nov 2, 2021 06:34PM EDT

Fintech Focus For November 3, 2021

Quote To Start The Day: "The thing that makes me worried is not regulation. It's the potential that people optimize for short-sighted -- 'let's keep our business today' -- versus advancing what I think is inevitably the best thing for all of us. Digitalization."

Source: Rodrigo Vicuna

One Big Thing In Fintech: Earlier this week, Money20/20's latest in-person conference was held October 24-27, 2021 at The Venetian Resort in Las Vegas, Nevada.

Amidst all the recognition and networking, Benzinga had the opportunity to speak with Prime Trust CFO Rodrigo Vicuna and CEO Tom Pageler.

Here's the conversation that transpired.

Source: Benzinga

Other Key Fintech Developments:

* Benzinga unveils fintech finalist.

* Paycom reports earning results. (NYSE:PAYC)

* Nium, Utu partner on payments.

* KuCoin added fiat account offer.

* BBVA, Sella enter a partnership. (NYSE:BBVA)

* Digital Commerce intros awards.

* FTX backed Chipper Cash raise.

* CME to launch Micro Ether offer. (NASDAQ:CME)

* OLB to process BTC payments.

* Struxtion raised a $5.5M round.

* Fintual secures $39M in funding.

* Mynt secures $300M in a round.

* Cross River has bought Betterfin.

* DCG secures $700M in funding.

* Coinbase plans to acquire Agara. (NASDAQ:COIN)

* PeerStreet intros a marketplace.

* ShopBack added fintech Hoolah.

* Sandbox adding $93M in round.

* Jack Henry, Zelle hone offerings.

* HSBC has signed DevOps deal. (NYSE:HSBC)

* PrePaid Tech adds $96M round.

* Chipper Cash gets $2B valuation.

* Prepaid Technologies taps funds.

* Starling is looking to publicly list.

Watch Out For This: If U.S. lawmakers don't act, regulators have the authority to take their own measures, according to the long-awaited report from the President's Working Group on Financial Markets.

Source: CoinDesk

Interesting Reads:

* Tesla-Hertz deal is not finalized. (NASDAQ:TSLA) (OTC:HTZZ)

* Avis doubling on meme moves. (NASDAQ:CAR)

* FB shut down facial recognition. (NASDAQ:FB)

* Fintech funding to cross $120B.

Market Moving Headline: The Federal Reserve, upon the conclusion of its two-day meeting Wednesday, will almost certainly announce it is reducing the amount of bonds it buys each month.

Source: CNBC