Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Coinbase vs. Paypal: Two Fintech Giants, Two Very Different Price Tags. Which Stock Wins?
Are you betting on the high-growth volatility of digital assets or the steady cash flow of a global payments giant? Choosing between Coinbase Global (COIN -2.74%) and PayPal (PYPL -0.90%) depends on your appetite for risk. Coinbase Global serves as…
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Wipro India appoints Kuldeep Sehrawat as Director and Head of Marketing
Wipro India has appointed Kuldeep Sehrawat as director and head of marketing. Announcing the development on his LinkedIn profile, Sehrawat joins IT company from IBM, where he most recently served as head of marketing for growth and ecosystem and…
Islamic FinTech Initiative Targets Women's Financial Literacy
A nationwide competition has been launched to promote financial literacy, disciplined saving and Shariah-compliant investment practices among female university students, faculty members and staff. The initiative, titled “Empowered Women…
Rate-Limited Queue Consumers for Weekly Fintech Customer Digests
Use Bottleneck, or an equivalent small limiter, in front of the queue consumer and keep the queue responsible for delivery rather than timing policy. For a weekly digest sent to active fintech customers, set a burst allowance, a steady rate, and a…
SS&C Technologies Shares Fall on Lower Profit, Soft Guidance
Shares of SS&C Technologies Holdings slumped after posting lower quarterly profit and giving soft guidance. Shares dropped 5.4% to $84.12 on Friday. Shares are down 3.7% year to date. The financial technology provider on Thursday said it expects…
China Targets 2030 for Its National Blockchain Network Buildout
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details…
Forget the Live Aid image, Africa is only a broken continent in the minds of the west | Moky Makura
Thirty years ago, shortly after South Africa emerged from apartheid, I left London for Johannesburg in search of a better life. Not long afterwards, a friend who was preparing to visit from the UK called with an intriguing question: do they have…
More Than 20 Companies Now Object to OKXICE Tokenized Stock Listing
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries. All news, reviews, and analyses are produced with full journalistic independence and integrity. For more details…
Barclays is the latest company to trim its workforce for AI efficiency
The cost of building out the infrastructure needed to satisfy booming demand for artificial intelligence is changing the way major companies allocate resources. That can mean an end to some jobs once done by humans. Yet in many cases it means…
Fluor Unit Gets $2.41B Navy Contract Modification
Fluor subsidiary Fluor Marine Propulsion received a $2.41 billion modification to a U.S. Navy contract. The contract covers naval nuclear propulsion work at the Naval Nuclear Laboratory. Write to Elias Schisgall at elias.schisgall@wsj.com Copyright…
Rent the Runway Shares Surge After Three Large Investors Increase Stakes
Shares of Rent the Runway jumped in late trading after three investors disclosed purchasing additional shares in the clothing-rental company. The stock rose 42% in late trading to $3.27. Through Friday's close, shares had dropped about 71% so far…
Melar Acquisition's Shares Soar After Detailing Everli Global Deal in Filing
Shares of Melar Acquisition Corp. I surged post market after the company noted in a Securities and Exchange filing that shareholders had approved a proposed business combination with Everli Global. The stock climbed 73% to $19.00 after the closing…
Barclays is latest to redirect spending toward AI as it trims its workforce
The cost of building out the infrastructure needed to satisfy booming demand for artificial intelligence is changing the way major companies allocate resources. That can mean an end to some jobs once done by humans. Yet in many cases it means…
Stocks to Watch: Fair Isaac, Rent the Runway, Melar Acquisition
Fair Isaac said it was keeping its pricing at $10 on its FICO score bundle for mortgage lenders. Shares fell 6.8% to $759.97 in after-hours trading Friday. Three investors disclosed purchasing additional shares in Rent the Runway. The stock climbed…
Rithm Capital Shares Gain on 3Q Earnings Beat
Shares of Rithm Capital rose after the company's third-quarter earnings came in ahead of analyst expectations. Shares rose 6.7% to $9.26 on Friday. The stock is down 15% year to date. The alternative asset manager reported a profit of $253.3…
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