Weekly Roundup

Federal Probes into GameStop Volatility – It was reported that the Justice Department has sought information related to the recent trading frenzy of GameStop. Robinhood, Citadel, and Melvinexecutives are expected to testify at Congress during next Thursday’s hearing on GameStop volatility.

Cybersecurity & Source Code – Theft of source code continued to garner headlines, with this week’s news that source code from Cyberpunk 2077 and an unreleased version of theWitcher 3 may have been misappropriated and illegally offered for sale.

Technology for Underbanked – Amid Covid-19 impact on the underbanked, fintech firm Kasasa worked to use technology to offer credit union services to the underbanked.

AI-Driven Trading Systems Also Stumped by GameStop Volatility – It was reported that the GameStop frenzy caught some artificial intelligence systems off-guard, as they use algorithms trained to rely on broad swaths of historical market that perform well in periods of relative stability.

In the Mix: This Week’s Top FinTech Thought Leader

Introducing “In the Mix” – a roundup of key thought leaders in FinTech and an overview of their policies and platforms.

This week’s “In the Mix” includes: