FA Online

BITCOIN & Gold Drift Up Slightly

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(5/16/17) FintekNews does a daily analysis of bitcoin vs gold and other market indices with a trading account tracking buys and sells

A Comparison of Tech Hubs Silicon Valley & Seattle

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(5/15/17) FintekNews is reporting on a comparison of tech hubs Silicon Valley and Seattle and exploring the connections and differences

SoFi Robo-Advisor Latest to Add Humans Back in the Mix

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(5/17/17) FintekNews is reporting that SoFi robo-advisor has decided to add humans into the mix with its platform, joining other firms who've done the same

Banking Chat App Symphony Raises $63M

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(5/16/17) FintekNews reports that chat app Symphony has raised $63M from BNP Paribas but since they have backing from Goldman & Google, why the cash need?

Leondrino Exchange Announces Two Initial Token Offerings

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(5/15/17) FintekNews is reporting on the launch of Leondrino Exchange with two Initial Token Offerings and providing links to their platform, etc.

Chinese VC Raises $500M for Fintech & AI Startups

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(5/15/17) FintekNews is reporting that a Chinese VC Firm - Silk Ventures - has raised $500M to invest in US- and European fintech, AI & medtech startups

McConnell Says He's Pessimistic Congress Will Revamp Dodd-Frank

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The Senate majority leader doesn't foresee enough Democratic support to pass major changes to Dodd-Frank.

Equity Markets Consolidate, Awaiting Positive Catalysts

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The firing of James Comey adds to doubts about President Trump’s ability to accomplish his major legislative goals.

Trump Tax Plan Would Make Mortgage Break Worthless For Millions

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Changes in the federal deduction level would make the break useless for about 25 million homeowners.

Rich Retirees Are Hoarding Cash Out Of Fear

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Affluent retirees are reining spending, apparently out of fear of the unknown.

Ex-Nomura Traders Latest Sued By SEC Over Lies About Bonds

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The suit alleges the two former trades lied to clients about bond prices to inflate the bank's profit.

Wall Street Thinks Trump's All Talk When It Comes To Breaking Up Banks

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On the contrary, Wall Street executives and lobbyists are hopeful the Trump administration will make their lives easier.

Shut Out by House, Industry Pins Health Bill Hopes On Senate

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The health industry expects the Senate to be more receptive to lobbying than the House on Obamacare replacement.

VIX Is At 10 And What Does Everyone Want? Low-Volatility ETFs

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Demand continues for ETFs that offer to reduce the impact of market swings.

Americans' Savings Make Some Wealth Managers Rich

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Some advisors' fees are opaque or hidden, depriving investors of information needed to avoid excessive costs.

S&P, NASDAQ, KFTX Fintech Hit All Time Highs-YAWN

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(5/15/17) FintekNews does a daily analysis of the KBW Nasdaq KFTX Fintech Index along with other major market indices and compares day over day changes

BITCOIN SINKS, Gold Sits, Markets Rise

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(5/15/17) FintekNews does a daily analysis of the Bitcoin vs Gold and other major market indices referencing the CME bitcoin indexes

Jump Trading & Their Mysterious Remote Chicago Antenna

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(5/15/17) FIntekNews is reporting on a mysterious antenna owned by HFT Jump Trading sitting very close to the CME's data center in suburban Chicago

Online RE Marketplace Roofstock Expands Into Los Angeles

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(5/15/17) FintekNews is reporting on the expansion into LA by online real estate marketplace Roofstock, which is now in 14 markets in the US

Another Fintech First out of North Carolina's Coastal Credit Union

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(5/14/17) FintekNews is reporting that NC's Coastal Credit Union has teamed with 8 partners to launch Constellation, a credit union service organization