Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Pappas Seafood Sold to Teamshares, a NYC Fintech Firm
Pappas Seafood Co., the crab cake chain that counts Oprah Winfrey among its famous fans, has been sold to Teamshares, a financial technology firm and holding company based in New York City. The sale price was not disclosed, and it comes nearly a…
HSBC turns to 'embedded AI' to counter business-focused fintechs
Key insight: HSBC has developed a set of tools designed to attract business clients to new forms of AI. Forward look: The bank plans to add functions, such as an advanced digital assistant for corporate clients, in the coming months. With banks…
Cyprus promotes fintech and digital economy at US blockchain summit
Cyprus promoted its business environment and opportunities in financial technology at an international blockchain summit held in Washington and New York between September 29 and October 2, with government representatives taking part in discussions…
Sandisk Stock: The Market Is Panicking - I'm Not Selling (NASDAQ:SNDK)
Hey there!I run the Investing Group Tech Investing Decoded, where I provide deep-dive research on AI, semiconductors, networking, and the companies shaping the future of computing. Subscribers receive exclusive research, a transparent model…
Musk and Trump want to kill the CFPB. Republican voters beg to differ
Shortly after President Donald Trump's second term began, Elon Musk proclaimed “RIP CFPB ” while trying to kill the Consumer Financial Protection Bureau. The president and Congress slashed the federal agency's budget, almost in half…
Space Stocks Gain After SpaceX Reports Surging Revenue
Shares of space companies ticked up after SpaceX reported surging revenue in the latest quarter and signaled more robust growth in the months ahead, in a sign of strong demand for commercial space infrastructure. Firefly Aerospace's stock gained…
Huntington Ingalls Raises Quarterly Dividend by 2.2% to $1.41
Huntington Ingalls' board has raised the defense company's quarterly dividend by 2.2%, to $1.41 from $1.38. The new payout, equal to $5.64 a year, represents an annual yield of about 2.07% based on Tuesday's closing price of $272.23, up from 2.03%.
Binance US, Blockchain com Enters Race to Offer Prediction Markets
/ Crypto News / Binance US, Blockchain com Enters Race to Offer Prediction Markets Expertise: Bitcoin, Crypto, Global Macro, DeFi, Blockchain, Web3, US Stocks, AI, Regulations and Lawsuits, & More CoinGape has covered the cryptocurrency industry…
Prosperity Bancshares Raises Quarterly Dividend by 6.7%
Prosperity Bancshares' board has raised the financial holding company's quarterly dividend by 6.7%, to 64 cents from 60 cents. The new payout, equal to $2.56 a year, represents an annual yield of about 3.75% based on Tuesday's closing price of…
Bank of Montreal Appoints Enterprise Chair to Lead C$70 Billion Defense Push
Bank of Montreal has appointed Michael Bonner to the role of enterprise chair to spearhead its strategy and commercial expansion into Canada's defence sector. The appointment comes as BMO, one of Canada's largest lenders, recently committed to…
AtkinsRealis Secures Contract to Operate Austin Traffic Operations
AtkinsRealis Group has been awarded a contract by the Texas Department of Transportation to operate and manage Austin's traffic management hub. The Montreal-based engineering services and nuclear firm on Wednesday said that it has been selected as…
Lithia Motors Raises Quarterly Dividend by 7.1%
Lithia Motors' board has raised the auto retailer's quarterly dividend by 7.1%, to 75 cents from 70 cents. The new payout, equal to $3 a year, represents an annual yield of about 1% based on Tuesday's closing price of $299.53, up from 0.93%. The…
Iren Plans AI Data Center in Spain
Iren is laying plans for an artificial intelligence data center in Spain that's expected to deliver about 300 megawatts of capacity. The company said Wednesday it established a European division and secured the civil works license for the data…
MillerKnoll Names Jeff Stutz Permanent CEO
MillerKnoll has named Jeff Stutz chief executive of the furniture maker, removing the interim tag he has carried since June 30. MillerKnoll on Wednesday said Stutz, who had been chief operating officer of the Zeeland, Mich., company since September…
Toyota Issues Recall Due to Risk Fuel Tubes May Disconnect
Toyota is recalling certain vehicles over concerns that the fuel tube connection, located near the fuel tank, may disconnect and leak. The National Highway Traffic Safety Administration said a fuel leak in the presence of an ignition source can…
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