Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Cyprus can move beyond forex into institutional asset management, says fintech CEO
Needlestack Technologies, a Larnaca-based financial technology company providing systematic trading signals and proprietary financial data to some of the world's largest institutional asset managers, is seeking to help broaden Cyprus' reputation…
SunTrust Adds Terminal and Settlement Support for OPay Merchants
SunTrust Bank Nigeria Limited has agreed to provide OPay Digital Services Limited with terminal and settlement support for its point-of-sale merchants and agents across Nigeria, BusinessDay reported Nov. 14, citing a statement from the bank. Under…
Donald Trump's Son Eric Backed Startup Misses Payroll as Former Synapse CEO's $4.6Million Home Loan Draws Scrutiny
Foundation Future Industries, the humanoid robotics startup backed by Eric Trump, has failed to pay employees after missing its October payroll, as CEO Sankaet Pathak faces questions over a $4.6 million loan he took from the company to purchase a…
US regulators authorize four modular reactors at an industrial site
X-energy receives approval to construct four small modular nuclear reactors Each Xe-100 reactor will generate 80 MW of electricity The approval ignores critical outstanding safety concerns Artificial intelligence companies are increasingly turning…
TN sets 21-day deadline for industrial clearances, deemed approval if delayed
The commission comprises secretaries of key departments, such as Finance, IT, MSME, Energy, Revenue and Labour, and senior representatives of three industry bodies — the Madras Chamber of Commerce and Industry (MCCI), the Confederation of…
Eric Trump-backed robot soldier startup can't pay staff after founder borrowed $4.6 million from company to buy home
Robot startup Foundation has failed to pay employees since missing its Oct. 30 payroll, angering some workers after its CEO borrowed $4.6 million from the firm last year to buy a luxury home, according to people familiar with the matter. CEO and…
Chime Financial Will Enter S&P MidCap 400 After Utility Merger
Chime Financial is scheduled to enter the S&P MidCap 400 on Nov. 18, putting the fintech company into a U.S. stock benchmark whose membership is changing after a utility merger. S&P Dow Jones Indices announced the adjustment Nov. 13. Its schedule…
American Express vs. Mastercard: Which Financial Stock Is a Better Buy for 2027?
As digital payments continue to evolve, choosing between American Express (AXP +0.80%) and Mastercard (MA +1.32%) requires understanding how their distinct business models capitalize on global consumer spending trends. American Express functions as…
MercadoLibre vs. Uber Technologies: Which Consumer Network Stock Is a Better Buy for 2027?
Investors searching for high-growth platforms often find themselves choosing between regional dominance and global ubiquity. Whether MercadoLibre (MELI +1.11%) or Uber Technologies (UBER +0.83%) fits your portfolio better depends on your specific…
Planet Labs PBC vs. Red Cat: Which Industrials Stock Is a Better Buy for 2027?
Space and defense innovation are driving investor interest as hardware costs fall and demand for data rises. Choosing between Planet Labs PBC (PL -0.65%) and Red Cat (RCAT -3.43%) requires weighing satellite scale against drone agility. Planet Labs…
American Express vs. S&P Global: Which Financial Stock Is a Better Buy for 2027?
American Express (AXP +0.80%) and S&P Global (SPGI +1.08%) serve as critical infrastructure for the global economy. Choosing between the premium payments leader and the dominant data giant requires balancing consumer credit trends against capital…
The Blockchain Boom Is Still Happening Behind the Scenes. These 3 Growth Stocks Will Benefit.
Blockchain technology is one of the most innovative technologies that can compound wealth for savvy investors, but blockchain won't feel as mainstream as Bitcoin. One of the main takeaways from the Assets on Blockchain Conference is that the next 1…
Takis Georgakopoulos' First Big Test as Fiserv CEO
Fiserv CEO Takis Georgakopoulos is moving to slim down the company without rattling the banks that depend on its systems. At Citi's fintech conference Tuesday, he said Fiserv plans to close more than a dozen smaller business lines that lack strong…
Cyprus Business Now: weekly wrap-up
Here are the top business stories in Cyprus from the week starting November 9: The first-ever Plug and Play Cyprus Innovation Expo, held at ETKO and covered by the Cyprus Mail, offered a snapshot of an ecosystem that is becoming increasingly…
Uber Technologies: Profits Are Compounding While The Stock Falls
Uber Technologies remains a Buy with a fair value of $136, offering 98% upside from current levels despite a recent 10% share price decline. UBER's investment case centers on 20% gross bookings growth, expanding non-GAAP operating margins (3.9% of…
Receive a Daily briefing on Fintech Industry News
Get Started