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Fintech’s Power Grab — in The New York Times

Bank Innovation

The New York Times covered the subject — and the word — in depth yesterday, in a special section called “Fintech’s Power Grab.” Ok, it’s safe to say fintech has hit the big time. ” The lead item, by Andrew Ross Sorkin of CNBC fame, focuses on the fintech challenge to Read More.

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SEC OKs Direct IPO Listings To NYSE

PYMNTS

Companies seeking to hold initial public offerings (IPOs) on the New York Stock Exchange (NYSE) no longer will be required to let investment banks buy and sell the first shares to hit the market, the Financial Times (FT) reported. Securities and Exchange Commission (SEC) Tuesday (Dec. 22), FT reported. Until today.

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Here Are The Blockchain Networks Most Popular With Capital Markets Players

CB Insights

As blockchain tech gains commercial traction, a growing number of companies want to use it to reimagine the capital markets infrastructure that powers the trade of stocks, bonds, and other securities. The chart above shows the core blockchain tech being used by projects and corporates working on DLT applications for capital markets.

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Deep Dive: COVID-19 Spurs Biometric Innovations For A Contactless Global Society

PYMNTS

Global concern over the coronavirus spreading on contaminated surfaces in public places is unleashing rapid development of innovative biometric products that could assist a touchless society. These surveillance technologies are opening a hornet’s nest of privacy and security concerns for citizens.

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Data, Security Monopolize B2B Funding Rounds

PYMNTS

There may be a few resilient, strategic entrepreneurs out there who don’t need venture capital to run a successful startup. Such was the case for several companies profiled this week by The New York Times , which shed light on the minority of startup owners that decide not to take outside investment. Enterprise Security.

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Rocket Cos. Shares Rise 19 Pct On IPO Debut

PYMNTS

following its debut on the New York Stock Exchange on Thursday (Aug. billion and offered 150 million shares for $20 to $22 each, seeking to raise about $2 billion, according to a filing with the Securities and Exchange Commission (SEC). Shares of Rocket Cos. percent to $21.51 6) under the ticker “RKT,” after opening at $18.00

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Direct Listings And SPACS, Change The Face of Public Offerings

PYMNTS

Securities and Exchange Commission approved a plan by the New York Stock Exchange to approve “direct” listings by companies, which let companies come to market without the underwriters (typically) large banks that charge hefty fees to bring the deals to the Street and reach institutional and retail investors.

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