Coinbase is seeking a 2021 IPO

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What to read today: Small Business Point-of-Sale Battle: Insider Intelligence lays out the difficulties SMBs are facing during the pandemic and the opportunities POS providers have in helping firms address those pain points. We look at how POS providers can attract new SMB clients while helping their existing customers by meeting their changing needs during the pandemic..
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December 26, 2020
Business Insider Intelligence
Coinbase has filed an IPO amid strong user growth
Following speculation from a few months ago, the US-based crypto giant has filed to go public early next year.

Coinbase has become one of the largest global crypto exchanges by trading volume, although it has also faced speed bumps along the way.

Despite crypto assets' well-known volatility and this being the first major public crypto firm listing, investors will likely consider Coinbase's IPO as a safe gateway to capitalize on the sector's expected growth.

Business Insider Intelligence's Victor Chatenay has the full story.
BRIEFING HIGHLIGHTS
Amazon, Target, and Walmart launched last-minute delivery efforts
Walmart and Target introduced extended holiday pickup and delivery deadlines, while Amazon extended its delivery window for holiday Prime orders.
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US coronavirus relief package is set to aid consumers and small businesses
The incoming coronavirus relief package would give retailers, payment providers, and small businesses a much needed boost.
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Congress' new stimulus bill will funnel $280 billion to extend PPP
The newest iteration of the PPP includes a number of stipulations that aim to correct previous problems.
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Negotiations fall through on FIS and Global Payments' $70 billion merger
It's unclear why deal talks were unsuccessful, but the potential FIS-Global Payments merger would've been the largest of the year.
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The biggest fintech winners of 2020
Insider Intelligence has selected the most notable fintechs that made a meaningful impact on the global ecosystem, based on key metrics including funding figures, customer numbers, and product suites.
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US banks didn't shutter branches as rapidly as we thought this year
In July, the acting head of the Office of the Comptroller of the Currency cautioned banks not to use the pandemic as reasoning to accelerate branch closures.
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PayPal is slashing check-cashing fees to help distribute stimulus funds
The payments giant also said that PayPal or Venmo customers who used its Direct Deposit feature for the first stimulus round will automatically receive their next stimulus payment through the same service.
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Goldman Sachs is putting the finishing touches on its new robo-advisor
Making good on its year-old promise, the bank is beta testing a robo-advisor among its employees and is within months of publicly offering a digital retail wealth management service.
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RESEARCH IN FOCUS
Small Business Point-of-Sale Battle
Insider Intelligence lays out the difficulties SMBs are facing during the pandemic and the opportunities POS providers have in helping firms address those pain points. We look at how POS providers can attract new SMB clients while helping their existing customers by meeting their changing needs during the pandemic.
Get the full report →
Digital-Only Bank Account Holders Forecast
Insider Intelligence explores the key international factors we expect to affect digital-only bank account holder growth across all three countries between now and 2024, both those we expect to drive up growth and those that we think may pose growth risks. We then zoom in on the US, the UK, and Canada individually, outlining country-specific factors that could affect digital-only account holder growth. Finally, we drill down on factors specific to each of the top five digital-only banks in the US and UK.
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PPP Small Business Loans
Insider Intelligence looks at how different lenders fared at implementing the PPP by examining the available data on PPP lenders' approval patterns and providing insights into how loans were spread across top lenders, geographies, and industries as of the program's end.
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