While the news this week was dominate by the Robinhood saga there was plenty of important fintech news that happened including a massive new round by the world’s most valuable digital bank. Here are what I consider to be the top 10 most important fintech news stories of the past week.
GameStop Stock Game Got Stomped from Bloomberg – My favorite take on the Robinhood/GameStop drama from this past week came from Matt Levine. This is a long read but a thorough look at what actually happened this week.
FedNow Details Pilot Program Participants from PYMNTS – Instant payments is on the horizon as the Federal Reserve announced the list of the more than 100 companies that will be participating in the pilot program.
Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.