Tag #Fintech

theglobeandmail.com
🌐 65% Global Worthiness
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VersaBank Stock Soars on U.S. Expansion

VersaBank's stock price has more than doubled in the past year, reaching near all-time highs, driven by its US$14-million acquisition of Stearns Bank and expansion into the U.S. market with its receivables purchase program, despite lower-than-expected Q4 earnings due to deal costs.

Progress

24% Bias Score

Decent Work and Economic Growth
welt.de
🌐 75% Global Worthiness
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Trade Republic Offers 3.25% Interest on Unlimited Cash Deposits

Trade Republic, a German online brokerage, offers a 3.25% annual interest rate on unlimited cash deposits, calculated daily and paid monthly, alongside a new Girokonto and a 1% cashback Trade Republic Card.

Progress

48% Bias Score

theglobeandmail.com
🌐 75% Global Worthiness
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Fintech Account Closure Highlights Gaps in Canadian Consumer Protection

Joe Baradziej's Wise account was closed in April, delaying his access to over $6,500 for seven months due to insufficient customer support and the lack of consumer protection regulations for fintechs in Canada.

Progress

40% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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Pro-Crypto SEC Candidates Emerge Under Trump Transition

With Gary Gensler's resignation, the Trump transition team is considering pro-crypto candidates for the SEC chair, potentially creating a more favorable environment for the crypto industry; leading candidates include Paul Atkins, Brian Brooks, and Robert Stebbins.

Progress

44% Bias Score

forbes.com
🌐 85% Global Worthiness
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Singapore Implements Shared Responsibility Framework for Phishing Scams

Singapore is implementing a Shared Responsibility Framework (SRF) in a few weeks to combat phishing scams, assigning specific duties to financial institutions, payment service providers, and telcos to share responsibility for reimbursing victims based on their performance.

Progress

44% Bias Score

kathimerini.gr
🌐 75% Global Worthiness
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Greek Banks Seek Investor for Teiresias Credit Agency

Greek banks are seeking a strategic investor for a minority stake (5-40%) in Teiresias, potentially including management, to modernize credit scoring and leverage new technologies, amidst the government's launch of a Private Debt Monitoring Registry.

Progress

4% Bias Score

jpost.com
🌐 65% Global Worthiness
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Bank Leumi Launches Israel's First English-Language Banking Mobile App

Bank Leumi launched Israel's first English-language banking mobile app, offering comprehensive English services online and in person, including multilingual WhatsApp support and extended customer service hours, reflecting a commitment to customer service excellence.

Progress

12% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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BondBloxx Launches Private Credit ETF, Increasing Access to Trillion-Dollar Market

The BondBloxx Private Credit CLO ETF (PCMM) launched on Tuesday, providing investors access to a previously illiquid $30 trillion market (McKinsey estimate) by using CLOs to improve liquidity and investing in smaller companies (EBITDA <$200 million) from various managers.

Progress

36% Bias Score

theglobeandmail.com
🌐 75% Global Worthiness
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Fractional Share Trading Expands Access to Canadian Stock Market

Canadian brokers Wealthsimple, TD Direct Investing, and Interactive Brokers now offer fractional share trading, lowering the barrier to entry for smaller investors and increasing market participation.

Progress

48% Bias Score

Reduced Inequality
cnbc.com
🌐 75% Global Worthiness
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Goldman Sachs Recommends Analyst Day Call Option Strategy

Goldman Sachs recommends a call option trading strategy, buying five days before and selling one day after a company's analyst day, which has yielded an average 18% return over 20 years, highlighting 16 opportunities in December 2024.

Progress

40% Bias Score

Decent Work and Economic Growth
forbes.com
🌐 85% Global Worthiness
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Bitcoin and XRP Soar After Trump Victory Amidst Regulatory Shifts

Following Donald Trump's U.S. presidential election, Bitcoin neared $100,000, boosted by a $15 trillion bet, while Ripple's XRP surged 200% due to anticipated regulatory changes and a potential stablecoin launch.

Progress

56% Bias Score

euronews.com
🌐 65% Global Worthiness
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Digital Euro Progress and Challenges

This article discusses the European Central Bank's efforts to develop a digital euro, outlining the project's goals, challenges, and potential timeline.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure