Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
How Singapore Fintech iFAST Became A Regional Wealth Engine
L ong before fintech was a buzzword, Lim Chung Chun was bringing retail investors in Singapore online. In 1998, at the peak of the dotcom boom, he left his job as head of equity research at ING Barings Securities and two years later launched…
How Anil Mandloi rose from a Small Town in Madhya Pradesh to redefine Global Fintech
Anil's current role as an Engineer Manager and Technical Lead is at a large Global financial services and credit card company in Phoenix, Arizona. His extensive background in the fintech sector, particularly in the realms of secure, AI-powered…
Industrials Up on Peace Hopes - Industrials Roundup
Shares of industrial and transportation companies rose as traders bet the U.S. and Iran would avert a return to full-blown war. One strategist said recent weakness in defense contractors is an indication of market expectations for a lull in U.S.
OGM Group Absorbs WAF, Strengthening Orion Funded's Leadership in the Spanish-Speaking Prop Trading Market
OGM Group, the group behind Orion Funded, today announced the completion of the absorption of WAF, an emerging proprietary trading firm that experienced strong growth within the Spanish-speaking market. The financial terms of the transaction remain…
Mexico's Industrial Production Falls in May
MEXICO CITY--Industrial production in Mexico pulled back in May, led by a decline in construction activity after making solid gains the previous month. Industrial output was down 0.8% from April in seasonally adjusted terms, national statistics…
EU Gives Conditional Nod to $14 Billion Tie-Up Between Baker Hughes, Chart Industries
European Union competition authorities cleared oil-services giant Baker Hughes's nearly $14 billion deal to acquire Chart Industries, pending a divestment of part of the latter's business to assuage competition concerns. Baker Hughes said last year…
Forward Air Names Gorjanc as Board Chair
Forward Air named Christine Gorjanc as independent chair of its board. Gorjanc's appointment comes after Jerome Lorrain resigned as executive chairman of the board, according to a Friday filing with the Securities and Exchange Commission. Lorrain…
How Digital Onboarding Can Help Fully Unlock International Business
Eyal Lifshitz is CEO of Bluevine, a leading provider of small-business banking. For much of the last decade, fintech has been focused on continuing to break down borders to advance business globalization. On a macro level, this makes sense: As…
CFPB Can't Love Customers, While Harming Banks Protecting Customers
WASHINGTON, DC - FEBRUARY 10: The exterior of the Consumer Financial Protection Bureau (CFPB) Headquarters is seen on February 10, 2025 in Washington, DC. According to media reports employees of the CFPB were notified that the headquarters would be…
Materials Up on Rate Optimism - Materials Roundup
Producers of metals, grains and other raw materials rose amid optimism about interest rates. Some investors are placing contrarian bets that the Federal Reserve will not raise rates this year, as widely anticipated. Rate-sensitive gold futures fell…
Tech Up on Strong Hynix Debut - Tech Roundup
Shares of technology companies rose after a strong debut for one artificial-intelligence star. SK Hynix American depositary receipts rose by 13% on their U.S. stock market debut. After the market closed Thursday, the South Korean memory chip maker…
Energy Up Slightly as Traders Await U.S.-Iran Updates - Energy Roundup
Shares of energy companies rose slightly as traders awaited confirmation that the U.S. and Iranian peace deal was still intact. Oil futures fell slightly. Shipping traffic has once again slowed since the clashes between the U.S. and Iran near the…
Health Care Down on Rotation Back to Tech - Health Care Roundup
Health-care companies fell as traders rotated back into risky sectors. The Food and Drug Administration approved a combination treatment by Merck & Co., Pfizer, and Astellas Pharma for a hard-to-treat form of bladder cancer. Shares of obesity drug…
Financials Up Ahead of Earnings - Financials Roundup
Shares of banks and other financial institutions rose ahead of earnings in the sector. Shares of Circle Internet Group rose after the firm received approval from federal banking regulators to establish a national trust bank, a regulatory milestone…
Consumer Cos Up, but Not by Much, After Delta Earnings - Consumer Roundup
Consumer companies rose, but not by as much as the broad market, after earnings from one major airline. Among consumer companies, Delta Air Lines posted a 19% increase in second-quarter operating revenue as customers continued booking flights…
Receive a Daily briefing on Fintech Industry News
Get Started