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Fintech. Friday. A weekly look at what’s happening in FinTech

October 22, 2021 - 1 min read

TOP STORY | Issue 43 Revolut increases fair usage caps on free accounts in the US via techcrunch.com Fintech startup Revolut wants to foster usage in the U.S. with better free accounts. Like in other markets, Revolut offers both free and paid accounts in the U.S. When you pay for a subscription fee, you get…

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ProBank Austin Advisor

October 18, 2021 - 1 min read

Final demand rebounded much stronger than expected driving inflation risk higher. The third quarter ended on a stronger note than expected. Retail sales increased by 0.7% for the month of September. This was much better than expected, and August was revised up to a +0.9%. The quarter started with a decline of 1.6% in July….

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Fintech. Friday. A weekly look at what’s happening in FinTech

October 15, 2021 - 1 min read

TOP STORY | Issue 42 The other side of verticalization: Super Apps via finledger.com As some large financial institutions are in the process of verticalizing and unbundling services and their target demographics to expand, other challengers are starting to do the opposite through the “Super App.”  

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ProBank Austin Advisor

October 11, 2021 - 1 min read

For the second month in a row, the labor market report created more questions than answers. Confusion is the result of the labor market report from Friday. For the second month in a row, the data reflected a mixed job environment. The corporate survey, which is generally viewed as the more reliable one with lower…

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Fintech. Friday. A weekly look at what’s happening in FinTech

October 8, 2021 - 1 min read

TOP STORY | Issue 41 The data for the digital shift in community banking is in via finledger.com A shift in consumer banking has made headlines for years, and now, the industry is seeing the numbers to back these claims up. A recent report by American market research company The Harris Poll found over 40%…

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ProBank Austin Advisor

October 4, 2021 - 1 min read

While the third quarter growth is expected to be well below the first half, inflation remains the biggest risk. The wealth of data released last week provided evidence of a slower growth rate in the third quarter than the first half of this year. Our forecast now calls for Real GDP growth of 4.1% as…

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ProBank Austin Advisor

September 27, 2021 - 1 min read

The Fed did send the signal they are going to reduce bond buying very soon. The Fed met last week and all but announced they will begin reducing the amount of bonds they have been buying monthly. They have sent a strong signal to financial markets they will announce this reduction at their November meeting….

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Fintech. Friday. A weekly look at what’s happening in FinTech

September 24, 2021 - 1 min read

TOP STORY | Issue 39 Google Pay Bolsters Mobile Payment System With New Bank Additions via pymnts.com Digital wallet platform Google Pay has expanded access to include more than 80 banks in Switzerland, as well as financial institutions in Australia, Bulgaria, Chile, Greece, Italy, Romania, Singapore and Ukraine, according to a Monday (Sept. 20) report…

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