Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
What to know about X Money, Elon Musk's fintech app that claims to pay 6% on savings
Move over Venmo and Cash App. Social media site X has announced it will soon have its own digital wallet service. According to an X post from Elon Musk on March 10, X's new payment platform will be available to some members of the public starting…
CBA backs fintech entrepreneur's $50m venture capital fund
Commonwealth Bank's venture capital arm will become the main backer of a new $50 million start-up fund established by Dom Pym, a serial founder and investor who previously sold his digital bank Up to Bendigo and Adelaide Bank for $116 million. Pym…
Fintech Stocks To Follow Now - April 5th
3 Stocks Well Below 52-Week Highs Poised for a Q4 Rebound Rocket Companies, Joint Stock Company Kaspi.kz, and UP Fintech are the three Fintech stocks to watch today, according to MarketBeat's stock screener tool. Fintech stocks are shares of…
AI Reshapes Tech Industry: Layoffs, Hiring Trends, and Job Insecurity
Discover how AI is transforming the tech landscape, causing layoffs, reshaping hiring strategies, and creating job insecurity as companies prioritise efficiency and high-skill roles. AI is driving a structural shift in the tech industry, leading to…
Bitcoin Miners Are Becoming AI Infrastructure and the Market Is Repricing Them
AI workloads generate up to 10x more revenue per megawatt, making the shift economically unavoidable. The pivot could reclassify miners from crypto plays into infrastructure assets with higher valuation multiples. Bitcoin miners are pivoting to AI…
Robinhood Ventures has rebounded 30% since its lackluster debut. Can the new private markets fund now withstand the mega IPOs?
In early March, Robinhood's latest investment product got off to a less-than-stellar start. After CEO Vlad Tenev rang the opening bell on New York Stock Exchange to celebrate the launch of a new private markets fund, the offering tumbled 16% in one…
Apple Removes Dorsey's Bitchat in China Citing 'Social Mobilization Rules'
Bitchat uses Bluetooth mesh network, avoids internet, complicating traditional censorship. Despite China ban, Bitchat downloads exceed three million globally, including Google Play. Bitchat, a decentralized messaging application developed by Jack…
SPB Exchange Redesigns Derivatives to Win Back Russian Retail Flow from Offshore Platforms
Neo-Assets copy key features of offshore CFDs and perpetual swaps, including margin trading and overnight-only fees. The bigger test is whether a domestic product can match offshore liquidity, execution and product breadth. SPB Exchange is…
South Korea Orders 5-Minute Reconciliation for Crypto Exchanges After $56B Bithumb Error
Exchanges must reconcile client balances with on-chain holdings every five minutes and undergo monthly audits. The rules shift regulatory focus from cyber threats to internal operational failures. South Korea's Financial Services Commission has…
Roche Holding Ltd (RHHBY) Stock Forecasts
Roche Holding AG operates through two segments: Diagnostics and Pharmaceuticals. The Pharmaceutical segment focuses on oncology, immunology, ophthalmology, infectious diseases and neuroscience, and the Diagnostics segment specializes in in vitro…
South Korean Fintech Toss Targets Web3 Finance With Proprietary Mainnet and 24 Stablecoin Trademarks
Toss, operated by Viva Republica, is building an L1 blockchain mainnet and native coin to power its 30 million-user financial platform. South Korea's pending Digital Asset Basic Law has delayed final decisions on whether Toss pursues an L1 or L2…
Algorand Price Prediction: 3 Key Catalysts That Point to $0.50
Algorand just posted its best weekly performance in months. ALGO is up more than 47% over the past seven days, hitting an 11-week high of $0.126 on Monday before settling at $0.1232 at the time of writing – up 6.8% on the day and carrying a…
Editorial | Stablecoin launch delay shows Hong Kong would rather be safe than sorry
Better safe than sorry – that seems to be why authorities have delayed the stablecoin roll-out. Industry players had expected the Hong Kong Monetary Authority (HKMA), the city's de facto central bank, to announce the granting of a small…
IMF Warns Tokenized Finance, Stablecoins Could Amplify Financial Crises
The International Monetary Fund has warned that stablecoins resemble money market funds more than actual money and could face confidence-driven runs as tokenized finance scales. Tokenization “constitutes a structural reallocation of trust…
Arista Networks Stock: AI Networking Growth With A Durable Moat (NYSE:ANET)
Arista Networks' early-mover advantage with its EOS single software image has created vendor lock-in among hyperscalers like Microsoft and Meta, supporting sustained market share gains. The transition to 1.6 Tbps and 3.2 Tbps Ethernet switches…
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