No clear leader has emerged in the presidential race, as votes continue to be counted in key states. However, that didn’t stop President Donald Trump from falsely declaring victory early Wednesday morning.
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The fight over customer data
The battle lines are being drawn on the future of customer data.
Shannen Balogh has a great look on the state of data-sharing between banks, fintechs, and the data aggregators stuck in the middle.
With regulators announcing plans for new rules around data sharing, Shannen spoke to industry insiders from Plaid and Yodlee to understand what's at stake.
Click here to read the entire story.
Billionaire Ken Griffin's Citadel just turned 30. Read the anniversary note he sent staff laying out how the $35 billion hedge-fund firm changed the world of finance.
Citadel, the $35 billion hedge fund, turned 30! Read the memo billionaire Ken Griffin sent to employees about the anniversary. Check out the full memo here.
A construction-tech startup that's developed a faster way to model a building's energy efficiency used this 13-page pitch deck to nab $5.7 million
Pitch deck alert! Alex Nicoll has the deck for Cove.tool, a software company that analyzes the energy efficiency of a building's design. Here's the deck it used to raise a $5.7 million Series A. Check out the deck here.
One-click checkout startup Fast is reportedly in talks to raise a new round with a valuation as high as $1 billion. Here's the pitch deck it used to bag $20 million from investors like fintech giant Stripe.
Speaking of pitch decks, here's another one. On Monday, The Information reported Fast is in discussions for a new round of financing between $50 million and $200 million at a valuation as high as $1 billion. Here is the full deck it used for its most recent round, a $20 million Series A in March.
Odd lots:
JPMorgan's Kolanovic Accuses Colleagues of Political Bias (Bloomberg)
Come for the Desk, Stay for the Pool (WSJ)
Oaktree, Reef Technology Launch $300 Million Property Fund (Bloomberg)
JPMorgan warns of another potential regulatory fine tied to weak 'internal controls' at bank (CNBC)