Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
MTN Finalizing Nigeria, Uganda Fintech Spinoffs; Adds Alipay
MTN Group Ltd. is finalizing the spinoffs of its Nigerian and Ugandan financial-technology operations as part of a reorganization of its mobile-money unit to allow Mastercard Inc. and other strategic buyers to take minority stakes in its fintech…
Shift4 Payments, Inc. (FOUR) Presents at RBC Capital Markets Global Financial Technology Conference 2026 Transcript
Shift4 Payments, Inc. (FOUR) RBC Capital Markets Global Financial Technology Conference 2026 June 9, 2026 10:20 AM EDT Christopher Cruz - Chief Financial Officer Daniel Perlin - RBC Capital Markets, Research Division RBC Capital Markets, Research…
Tenn. Remittance Tax Is Unconstitutional, Fintech Group Says
A top fintech industry organization sued Wednesday to block an impending new Tennessee tax on outgoing international money transfers, challenging what the trade group contends is an unconstitutional toll on the... To view the full article, register…
Fintech lobbyist says Tennessee remittance tax is unconstitutional
Key insights: The Financial Technology Association is challenging Tennessee's cross-border remittance tax, claiming that it infringes on Congress' power to regulate foreign commerce. What's at stake: Payments companies like PayPal and Remitly have…
Fold Shares Jump 162% After Bitcoin Fintech Sells $45 Million in BTC, Wipes Out Debt
Fold Holdings, the Phoenix-based fintech company that lets consumers earn and spend Bitcoin through everyday financial products, announced Wednesday it has eliminated all of its secured debt and freed up $25 million in fresh capital by selling some…
Brazil's Central Bank Wants More Authority Amid FinTech Explosion
As Bloomberg News reported Wednesday (June 10), the bank is arguing that limited resources are hindering its oversight as the country's financial system grows more complex. A constitutional amendment that would give Banco Central do Brasil more…
3 Fintech Stocks Face Takeover Pressure as Consolidation Wave Builds
Fintech consolidation is heating up as scaled payments, banking, and brokerage players hunt for vertical specialists with profitable unit economics. The 2026 backdrop favors deals: large incumbents have stronger balance sheets, artificial…
GIFT City opens applications for second fintech cohort to support early-stage start-ups
Gujarat International Finance Tec-City launched the second cohort of its Fintech Residential Programme to support early-stage start-ups developing next-generation financial technology solutions. According to a GIFT City press release, the…
Industrials Down on Inflation Worries - Industrials Roundup
Shares of industrial and transportation companies fell sharply amid inflation concerns. While the top-line reading of a 4.2% increase in the consumer price index was softer than economists had anticipated, one brokerage said the report suggested…
Flexsteel Industries Increases Quarterly Dividend by 25%
Flexsteel Industries said its board has approved a 25% increase to the quarterly dividend. The new dividend of 25 cents per share, up from 20 cents, will be payable July 6 to shareholders of record as of June 24, the furniture maker said. The…
Which Industries Will Give Bigger Salary Hikes?
'While salary increments are moderating compared to last year, not all functions are moving at the same pace.' Salary increments across industries are expected to range between 8.6 per cent and 10.2 per cent in 2026-2027 (FY27), narrowing from the…
Stocks to Watch: Oracle, Oxford Industries, Humacyte, PureCycle Technologies
Oracle reported a higher profit, buoyed by strong cloud revenue, but logged a decline in software revenue and said the buildout of its artificial-intelligence data-center infrastructure would pressure near-term margins. The stock declined 9.5%, to…
The Future of Finance Jobs In The Age Of AI
Financial professional speaks with two clients in an office. While AI may largely influence fewer job listings for particular finance jobs, it is also starting to provide a few opportunities as well. Artificial intelligence is completely…
U.S. Futures Down, European Stocks Up
U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average declined 0.2%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 climbed 0.3% in morning…
Osaka Yuka Industry 1H Net Y113.00M Vs Loss Y33.00M
Osaka Yuka Industry Ltd. (4124.TO) Japan Half-Year Ended March 31 GROUP 2026 2025 Revenue Y727.00 mln Y590.00 mln Operating Profit Y149.00 mln Y113.00 mln Pretax Profit Y150.00 mln Y114.00 mln Net Profit Y113.00 mln (Y33.00 mln) Per share Earnings…
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