Fintech Focus For August 12, 2020

Daily Perspective: Growth can heal a lot of sins. – Cathie Wood

Fintech Movers: American Express Company is in talks with Kabbage, an online fintech lender backed by Softbank, over an $850 million acquisition. – Benzinga

  • Fincity: The COVID Credit Crisis.
  • Infor, CIBC, SunStream partner.
  • A GM executive has joined Stripe.
  • OCC grants bank charter to Varo.
  • Creze to boost lending platform.
  • Axle innovates financing platform.
  • TransferWise partnered with Up.
  • Avelacom intros low-latency route.
  • Retirement Clearing is expanding.
  • Building a fintech giant is costly.
  • Vitesse fintech rakes in Series A.
  • Trumid eyes growth, expansion.
  • Beaxy intros Trender for mobile.
  • RevenueCat secures $15M for app.
  • Bloomberg launched ESG scores.
  • US: DLT will play a role in farming.
  • BankMobil has been sold to Megalith.

Benzinga Global Fintech Awards Spotlight: 

Every year Benzinga, a leading news and data platform, holds the Global Fintech Awards, a day of dealmaking, networking, and recognition in the

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Watch AI-controlled virtual fighters take on an Air Force pilot August 18th

DARPA held the second trial in January this year and pitted participants’ greatly improved algorithms against AI adversaries developed by the Johns Hopkins University Applied Physics Laboratory. Both trials were hosted in person at the APL.

The third trial will be streamed from the APL, as well, with eight teams flying against the lab’s AI adversary algorithms on the first day and then against each other in a round robin tournament on the second. It’s the first time the participants are pitting their AIs against one another in public. On the last day, the top four AIs will compete in a single-elimination tournament for the championship title. The last team standing will then get the chance to fly against an Air Force fighter pilot controlling a virtual plane.

Col. Dan “Animal” Javorsek, program manager in DARPA’s Strategic Technology Office, said in a statement:

“Regardless of whether the human or machine

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Coolest Cars For Sale On Motorious To Beat The August Heat

⚡️ Read the full article on Motorious

We check out some of the most interesting cars up for grabs right now!

The classic and collector car market is a fantastically diverse tapestry of vehicles from every breed and era. Delving into the classifieds reveals some real gems waiting to find a new home with both enthusiasts and serious collectors alike. Every week we’ll be highlighting the top cars in need of a new home that caught our eye.

1971 Pontiac GTO Convertible Is Rare Poncho Muscle

Images Via Speed Digital LLC

A lot of people are going stir crazy sitting in their homes at the moment. And while take a drive in your car provides an out, cruising around is much better in a big vintage convertible like this 1971 Pontiac GTO. If you’ve never seen one of these before or it’s been a long time there’s good reason:

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Why the month of August is the best time to elevate your career

As we put July firmly in the rearview mirror and enter August, I can’t help but reflect on how unique this month is every year. Obviously 2020 has society in extreme circumstances. But beyond the COVID-19 pandemic, August has always represented a month of learning, improving, and reigniting my career passions.

The office tends to slow down a little bit.

There is a lull in days off and holidays.

And the rest of summer is sure to begin flying by as fall looms in the not so distant future.

It’s the perfect time to recharge and retool, bringing a new wave of motivation through the end of the year. If you’re looking to make August your best month yet, here are a few things to think about.

  1. The Perfect Time To Take A Risk

Have you been patiently sitting on a half-baked idea that you think could make a real

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Unemployed Floridians face tough times in August without $600 weekly federal benefit

For the last four months, unemployed Floridians were handed a lifeline through the $600 weekly benefits doled out by the federal CARES Act.

The payments were a critical supplement to Florida’s standard benefits, which are among the stingiest in the nation. And the $9 billion in payments sent to Floridians was a major boost to the state’s fraying economy, which has been decimated by the pandemic.

No longer.

Because Congress failed to reach a deal before the $600 checks expired Friday, unemployed Floridians are going to have to live — at least for now — on payments of no more than $275 per week.

Nearly 900,000 Floridians applied for or received unemployment benefits during the most recent period. Nearly 600,000 Floridians are behind on their power bills. The only thing keeping many from being evicted from their homes is an executive order by Gov. Ron DeSantis — a short-term solution

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The Stars Want You To Open Up This August

The month starts on an expansive note. We’re encouraged to open our minds on August 3, when the Moon waxes full in forward-thinking Aquarius and creates a square against change-loving Uranus at 11:58 a.m. EST. This is a day to absorb what is happening around us and focus on flexibility. Chatty Mercury speeds into the proud sign of Leo on August 4, altering how we share our thoughts. We’ll enjoy a new sense of confidence while the messenger planet moves through this sign, but we’ll have to be prepared to put a little extra effort into listening. Charming Venus makes her way into sensitive Cancer on August 7, helping us be gentler with our loved ones. We may notice that we’re more doting toward our partners, or that we’re feeling more open to new relationships. August 15 offers us an opportunity to manage our energy, as change-loving Uranus stations retrograde

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Gaming TV Network VENN Lines Up Distribution Partners for August Launch

Click here to read the full article.

As traditional cable programmers struggle, startup VENN is stepping up to the plate with a business model the founders of the live-streaming video-game entertainment network say is custom-built for the over-the-top era.

For the Aug. 5 launch, VENN will make its 24-hour, free-to-watch linear network available on Amazon’s Twitch, YouTube, Facebook Gaming and Twitter. In addition, the company says, it will be coming to dedicated channels on connected-TV platforms representing more than 30 million U.S. households, including Vizio’s smart TVs, Comcast’s Xumo streaming service, Sinclair’s STIRR and DistroTV.

More from Variety

VENN, the Video Game Entertainment and News Network, is in talks for additional distribution deals with OTT platforms as well as traditional and internet pay-TV providers, said Ben Kusin, co-founder and co-CEO. VENN’s programming, totaling 21 hours of original shows per week at launch, will also be available directly on its website

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LA school system says school year will begin remotely in August

Two security guards talk on the campus of the closed McKinley School, part of the Los Angeles Unified School District (LAUSD) system, in Compton, California, just south of Los Angeles: (2020 Getty Images)
Two security guards talk on the campus of the closed McKinley School, part of the Los Angeles Unified School District (LAUSD) system, in Compton, California, just south of Los Angeles: (2020 Getty Images)

The Los Angeles Unified School District (LAUSD) has announced that remote learning will continue in August, as the state re-shuts down amid rising coronavirus cases.

LAUSD superintendent, Austin Beutner, sent a letter out to parents in the city on Monday confirming that classes will resume online next month.

“We made the decision to close school facilities before there was any occurrence of the virus at our schools, and this proved to be the right call,” Mr Beutner said.

“Science was our guide then, and it will continue to be. Unfortunately, Covid-19 continues to spread in the Los Angeles area and the virus is going to impact how we start the new school year.”

The district is the

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