Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Brazil's 50% Surge in Banks, Fintechs Squeezes Regulator's Shrinking Workforce
Mounting budget and staffing constraints at Brazil's central bank's risk weakening the regulators' ability to oversee an expanded financial system fresh off the collapse of Banco Master SA. The regulator has seen its workforce shrink by 42% over…
Best Fintech Stocks to Buy in 2026
Fintech stocks combine fast-growing tech platforms with financial products and have produced compelling opportunities that have outperformed the S&P 500. Mordor Intelligence projects a 15.3% compound annual growth rate (CAGR) through 2030 for the…
Corporate card fintech Parker shuts down without warning
Key insight: Parker, a well-funded corporate card fintech, shut down without notice last week and went bankrupt shortly after. What's at stake: Parker's customers and sponsor banks were not notified in advance of the shutdown, and deposits are…
Corporate card fintech Parker shuts down without warning
On May 5, Sean Melton received an email from Piermont Bank. The email read: 'Piermont Bank [has] learned that Parker Group, Inc. intends to cease operations effective immediately.' Melton, who owns a digital marketing agency called First Byte and…
Brazilian Regulators Strained Amid Instant Payment and FinTech Boom
As Bloomberg News reported Tuesday (May 12), the regulator's staffing levels have fallen by 42% in the last decade, while the number of regulated financial institutions has surged by 50% during the same period of time. That crunch is projected to…
Cyprus fintech targets SMEs with device-agnostic payment app
The landscape of commercial transactions in Cyprus is undergoing a profound shift as the island moves closer to a cashless society. While international payment giants have long dominated the fintech space, their focus often remains fixed on…
Industrials Down After Inflation Data -- Industrials Roundup
Shares of industrial and transportation companies ticked down after inflation data. German factory operator Thyssenkrupp posted an increase in order intake and adjusted earnings for its second quarter but cut its sales growth guidance for fiscal…
Energy Up with Oil Futures as Stalemate Continues -- Energy Roundup
Shares of energy companies rose alongside oil futures with no end to the energy shock in sight. Oil futures rose by more than 4% in New York to top $102 a barrel after statements from President Trump indicated a cease-fire between the U.S. and Iran…
Mexico's Industrial Production Falls in March
MEXICO CITY--Mexican industrial production fell in March from the previous month amid declines in construction and manufacturing. Industrial output fell 0.6% from February in seasonally adjusted terms, national statistics institute Inegi said…
Financials Up, Recouping Some Private-Credit Losses -- Financials Roundup
Shares of banks and other financial institutions rose, recouping some recent losses as credit-market fears subsided. Private-credit fund managers, who have been volatile due to fears of an exodus from the fund category, finished mixed to higher…
U.S. Futures, European Stocks Decline as U.S.-Iran Stalemate Weighs on Mood
U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average declined 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 fell 1.1% in morning…
Daikin Industries FY Net Y275.23B Vs Net Y264.76B
Daikin Industries Ltd. (6367.TO) Japan Year Ended March 31 GROUP 2026 2025 Revenue Y5.02 tln Y4.75 tln Operating Profit Y414.99 bln Y401.67 bln Pretax Profit Y408.17 bln Y366.45 bln Net Profit Y275.23 bln Y264.76 bln Per share Earnings Y939.92…
Musashi Seimitsu Industry FY Net Y1.26B Vs Net Y7.78B
Musashi Seimitsu Industry Co. Ltd. (7220.TO) Japan Year Ended March 31 GROUP 2026 2025 Revenue Y347.20 bln Y347.20 bln Operating Profit Y20.54 bln Y19.72 bln Pretax Profit Y20.23 bln Y17.98 bln Net Profit Y1.26 bln Y7.78 bln Per share Earnings…
Would you invest in a play? Hong Kong sets the stage for tokenised funding
Investors can finance part of the production cost of a stage play produced by film star Louis Koo Tin-lok and featuring award-winning actress Fish Liew Chi-yu, after a Hong Kong fintech firm converts it into tradeable digital units. Esperanza…
Is Toast Stock a Buy on the Dip?
It's been a rough year for Toast (TOST 4.17%) stock, with its shares down more than 30% year to date, as of this writing. The stock has been caught between the software-as-a-service (SaaS) sell-off and uneven restaurant industry sales. Let's dig…
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