Regulatory Change - Federal Reserve 将结束对银行在 Bitcoin、加密货币和 Fintech 活动的监控计划 [1] - 行业观点：此举被市场解读为利好消息 (Bullish AF) [1]

The Federal Reserve announced it will terminate its Novel Activities Supervision Program and resume oversight of crypto and fintech-related bank activities through its standard supervisory process. The program, launched in 2023, is being retired as the Fed has gained sufficient understanding of the associated risks and risk management practices, making a separate framework no longer necessary. https://t.co/l6wAwpUTu0 ...

The semiconductor market is like the weather: you can enjoy the heat and the sunshine, but sooner or later, you’ll need an umbrella. And if you’ve been following this sector for some time, you know that the “weather” here changes inI’m passionate about finance and investing, focusing on business analysis, fundamental analysis, valuation, and long-term growth, especially in sectors like AI, fintech, finance and tech. I study finance and economy and have hands-on experience in equity research, financial model ...

Industry Concerns Regarding Data Access Fees - The financial industry expresses concern that charging high fees for consumer financial data access is technically backwards, economically short-sighted, and strategically dangerous, potentially breaking the infrastructure being built [2] - The industry believes this issue extends beyond fintech, impacting control over the future of programmable money, open finance, and digital ownership, and influencing where the next generation of innovation is built [3] - The industry views the attempt by some banks to turn APIs into toll roads as a privatization of what was intended to be a public good, hindering innovation by making access expensive [4] - The industry highlights that JPMorgan is charging some fintechs millions of dollars for data access that customers have authorized, which is seen as creating a moat rather than improving security [5] Legal and Ethical Considerations - The industry emphasizes that the right to access one's own financial data should not be for sale, citing Section 1033 of the Dodd Frank Act, which grants consumers the right to access and share their financial data [6] - The industry argues that data ownership without access is not true ownership, and restricting access slows down the sector without requiring new laws [7] Impact on Innovation and Competition - The industry warns that restricting or pricing access in a way that favors larger players kills optionality and forces developers to find workarounds, potentially breaking the system [9] - The industry notes that some fintechs are considering reverting to screen scraping, passing costs to consumers, or shutting down entirely due to these fees [9] Global Competitive Landscape - The industry cautions that the United States risks falling behind as Europe expands its PSD3 framework, the UK rolls out Open Banking Plus, and Brazil, India, and Singapore build real-time interoperable financial rails that treat access as a utility [10] - The industry stresses that if the US wants to lead in areas like programmable money, real-world assets, stablecoins, and self-custodial finance, it must defend the principle that consumer data access should be easy, safe, and free [11]

Core Viewpoint - PagSeguro, a Brazilian fintech and digital bank, is viewed as a good investment opportunity despite a recent stock sell-off, with strong growth potential and attractive valuation metrics [1][5]. Financial Performance - PagBank's revenue grew by 18% year over year, reaching 5.1 billion reals ($940 million), while profits increased by 7% to 537 million reals ($98.7 million) [3][4]. - Deposits increased by 9% in local currency, and the loan portfolio expanded by 11%, indicating solid growth in a challenging economic environment [4]. Market Valuation - PagSeguro has a market capitalization of $2.8 billion and reported a profit of $405 million over the last 12 months, resulting in a low P/E ratio of approximately 6.9, suggesting the stock is undervalued [5]. - The company offers a modest dividend yield of 1.5%, further enhancing its attractiveness as an investment [6].

Company Overview - Birkenstock Holding plc (NYSE: BIRK) is recognized as one of the leading wearable shoe brands in Europe [1] Financial Performance - The company has recently reported its fiscal third quarter results, indicating a strong performance [1] Market Position - Birkenstock is positioned as a top brand in the wearable shoe market, highlighting its competitive strength within the industry [1]

Top fintech and crypto executives urged the Trump administration to block US banks from charging fees for access to customer data https://t.co/c4islrnRzY ...

How do you turn a community bank into a fintech startup? Jacqueline Reses and investors did just that with Kansas City's Lead Bank. It's now one of the few FDIC-insured financial institutions powering fintechs and crypto startups. https://t.co/avpZ6GNwIK #BillionDollarStartups ...

Welcome back to Fast Money. The stock behind the NASDAQ composite on a tear. The NDAQ hitting all-time highs this week.It is up more than 23% this year, far outpacing its namesake index. While the composite notched record record intraday and closing highs today, it's only up 12% to discuss what is driving the exchange and its business. Let's bring in NASDAQ chair and CEO Adena Freedman.>> Oh, we got to clap Adena in. I mean, we certain people our landlord. >> Exactly.Our landlord. Um Adena, great to see you ...

Core Viewpoint - eToro Group's stock has been declining, with shares dropping over 5% for three consecutive trading sessions, despite the S&P 500 index rising by 0.3% [1] Group 1: Earnings Performance - eToro reported a strong second quarter earnings, achieving a double beat on both revenue and earnings [2] - Investors expected even better performance from the fast-growing fintech company, leading to some disappointment [2][3] Group 2: Analyst Reactions - Five analysts reduced their price targets for eToro following the earnings report [3] - Keefe, Bruyette & Woods lowered their fair value assessment from $65 to $60 per share, maintaining a market perform rating [4] - Citigroup also cut its price target from $72 to $62 while keeping a similar recommendation [4] Group 3: Buy Recommendations - Despite the price target reductions, three analysts maintained their buy recommendations for eToro [5] - Needham's John Todaro reduced his price target from $80 to $76 but remains optimistic about the company's future [5] Group 4: Concerns and Market Segments - Todaro expressed concerns regarding eToro's future revenue from cryptocurrency trading, particularly after the rise of Ethereum, although this segment is small compared to overall operations [6]