Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Fintech lending giant Figure confirms data breach
Figure Technology, a blockchain-based lending company, confirmed it experienced a data breach. On Friday, Figure spokesperson Alethea Jadick told TechCrunch in a statement that the breach originated when an employee was tricked with a social…
Analysts Adjust Targets as Sea Limited (SE) Expands E-Commerce and Fintech
Sea Limited (NYSE: SE) is one of the best foreign stocks to buy right now. On February 11, Morgan Stanley analyst Divya Gangahar Kothiyal lowered the 12-month price target on Sea Limited (NYSE:SE) to $173 from $209 while maintaining an Overweight…
How Cross-Border Payment Networks Are Transforming Global Trade and Fintech
For decades, sending money across international borders felt less like a digital transaction and more like shipping a physical package. It was slow, opaque, and laden with fees. Businesses often waited days for funds to clear, leaving capital…
Japanese payments fintech PayPay files US IPO
Key insight: A Japanese payments app is seeking U.S. fintech investor capital through what is estimated to be a $2 billion IPO. Supporting data: Seventy-five percent of Japan's smartphone owners are registered PayPay users. Forward look: PayPay is…
Fintech Stocks To Watch Today - February 13th
3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound Rocket Companies, Joint Stock Company Kaspi.kz, and Wealthfront are the three Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of…
Fintech Clear Street Delays US IPO After Downsizing Offering
Cloud-based financial services provider Clear Street has postponed its initial public offering due to market conditions, a move that comes just a day after the company significantly reduced its planned offering... To view the full article, register…
Industrials Up on Muted Inflation Data - Industrials Roundup
Shares of industrial and transportation companies rose after muted inflation data. Economists at brokerage Bank of America said falling rents could offset likely increases in other categories of inflation later this year. U.S. Immigration and…
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How Does Your Salary Stack Up Against Peers in Your Industry Today? See the Insights
Salary differences between industries can be dramatic, with some roles paying over twice as much as others requiring similar education levels. Your job title matters more than you might think; two people in the same field with different titles can…
Financials Flat Amid Global Market Volatility - Financials Roundup
Shares of banks and other financial institutions were more or less flat after a volatile week for global markets. British lender NatWest forecast continued income growth and higher profitability this year and beyond, as the U.K. lender bets on its…
YouTube superstar MrBeast takes over a youth money app
MrBeast buys Step to teach teens how to save, spend, and invest Step offers a Visa card and basic banking without monthly fees The acquisition gives Beast Industries a fintech team and seven million users Beast Industries has confirmed the…
This Week's Market Wrap: AI Moving Fast And Breaking Things (BTC-USD)
Massive hyperscaler and private AI investment collided with margin pressure and valuation resets across enterprise software and hardware. Strong labor data and cooler inflation prints forced markets to recalibrate the path of Fed easing. Bitcoin…
Ex-FDIC Chief McWilliams on Joining a Fintech and Jumping Into the Open Banking Battle
[ Note to readers: Capitol Account will be off Monday for President's Day. ] Friday Q and A: Few could have predicted Jelena McWilliams ' career path when she arrived in the U.S. more than three decades ago from Yugoslavia. After college and law…
Tech Up Slightly, as AI Nerves Simmer - Tech Roundup
Shares of technology companies rose slightly amid ongoing nerves about the disruptive effects of artificial-intelligence advances. The Roundhill Magnificent Seven exchange-traded fund, which track the mega-cap tech companies that spearheaded the AI…
Materials Up as Gold Rally Resumes - Materials Roundup
Producers of metals, grains and other raw materials rose as a precious-metals rally looked set to resume. Gold futures rose 2% to $5,022 a troy ounce, registering a weekly gain for the eighth time in the last 10 weeks. The Trump administration's…
Consumer Cos Down Despite Muted Inflation Data - Consumer Roundup
Consumer companies fell despite a softer-than-anticipated consumer-price inflation report. Consumer Price Index rose 2.4% in January, a deceleration from 2.6% in December and below the mean economist estimate of 2.5%. 'Price pressures percolating…
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