Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
MAHE-SMI design & FinTech Conference: PFRDA chairperson outlines AI roadmap to redesign NPS onboarding
Srishti Manipal Institute of Art, Design and Technology (SMI), a constituent unit of the Manipal Academy of Higher Education (MAHE), Institution of Eminence Deemed-to-be University, concluded a two-day international conference on design-led…
Bizcap, a global fintech and SMB funder, launches U.S. HQ in the Miami area; more hiring planned
Global non-bank small business funder Bizcap has launched its U.S. operations, anchoring its national headquarters in Miami as part of a major international expansion. Already established across Australia, the UK, New Zealand, Singapore, Europe…
Intel: Financial Renaissance Without Technological Redemption (Rating Downgrade) (INTC)
Intel Corporation is experiencing a financial recovery, with revenue growth and margin expansion, but lacks a true technological turnaround. INTC's data center segment shows modest growth versus peers, driven by higher ASPs and product mix, not…
Why Circle Stock Is the Most Divisive Name in Fintech Right Now
Circle Internet Group (CRCL) is a global financial technology company founded in 2013 and best-known as the issuer of USD Coin (USDC), the world's second-largest stablecoin by market capitalization. Based in New York, Circle operates a full-stack…
HCLTech opens 500-seat GIFT City fintech hub for high-end technology work
IT services major HCLTech on Friday opened a 500-seat fintech centre in Gujarat International Finance Tec-City (GIFT City), from where it plans to deliver high-end technology services, including artificial intelligence (AI), data engineering and…
Industrial Shares Edge Lower -- Industrials Roundup
Shares in the industrial sector traded slightly lower as robust economic indicators were offset by inflation concerns amid rising fuel prices. Shares in SMA Solar rose after the company upgraded guidance for the year on better-than-expected…
Materials Shares Slip Amid Broad Market Weakness -- Materials Roundup
Stocks in the materials sector fell alongside most other sectors as geopolitical tensions weighed on sentiment. Alcoa cut its full-year alumina guidance, citing issues at its Pinjarra, Australia refinery, and said alumina prices remained stable…
Top 4 B2B SaaS Marketing Strategies That Actually Drive Revenue
Tyler Jordan, CEO, Jordan Digital Marketing. B2B SaaS marketing teams have a tough job: Find and engage a relatively niche audience, hold their attention throughout a long sales cycle, build a case that wins over a multi-person buying…
The Fallacy Of Bear Market Forecasting
Tech stocks experienced a sharp valuation reset, driven by AI infrastructure overcapacity concerns, but underlying economic growth remains robust. The equally weighted S&P 500 approaches all-time highs, signaling broad market strength beyond the…
Stocks to Wtach: Karyopharm Therapeutics, MKDWELL, Advanced Biomed
Karyopharm Therapeutics said its CEO will receive more than $1.7 million under a new cash retention program for top executives. Shares fell 21% to $7.50 in after-hours trading on Friday. MKDWELL agreed to purchase the parent company of smart-home…
Advanced Biomed Shares Surge on Termination of Stock Purchase Agreement
Shares of Advanced Biomed surged after the company terminated a purchase agreement giving it the right to issue and sell up to $25 million worth of stock to Helena Global Investment Opportunities I. The stock was up 43% to $7.17 in after-hours…
Utilities Shares Fall -- Utilities Roundup
Utility stocks were generally weaker along with the broader stock market. Cathie Wood's ARK Invest is pumping money into the newly public nuclear company X-Energy. Since X-Energy went public on April 24, the funds of Wood's ARK Invest have racked…
Consumer Stocks Fall As Oil Prices Rally -- Consumer Roundup
Stocks in the consumer sector were mostly lower even after the University of Michigan said a preliminary reading showed consumer sentiment improving more than expected. A rebound in fuel prices is seen pressuring retail spending. Walmart is…
Healthcare Stocks Fall On Disappoints Results -- Healthcare Roundup
Stocks in the healthcare sector fell as stronger-than-expected consumer sentiment were offset by a wave of risk-off mood in Wall Street. Intuitive Surgical tumbles 14% after the second quarter's revenue print and forward guidance came in below…
Technology Shares Fall on Valuation Concerns -- Technology Roundup
Shares of technology companies fell as investors worried about valuation among chip makers. China's Moonshot AI has launched an artificial-intelligence model it says outperforms some cutting-edge U.S. systems, the latest sign that Chinese labs can…
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