Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Warren's Latest Power Play: Block Fintech Lender From Banking Charter
The financial markets, most particularly lenders, are beset with government interference at all levels. At the federal level, there are some constitutional issues involved that nobody in Washington seems to care much about - more on that in a…
Federal rule would harm consumers, conflict with Trump agenda, critics say
(The Center Square) – A forthcoming federal rule on open banking may allow banks to charge new fees for access to consumer data, a move critics say would harm consumers and runs counter to other parts of President Donald Trump's agenda. Open…
Crypto investors are looking past market-cap rankings and back to fundamentals
Crypto investors are increasingly using revenue, usage and value capture to sort tokens over longer horizons, even as perpetual futures continue to drive prices day to day, industry players at Bitwise, Wintermute and the Arbitrum Foundation told…
Happen Bank Is Crushing SoFi This Year. Here's the Reason Why It's Still the Better Buy.
Two high-growth, technology-savvy fintechs, Happen Bank (HAPN -0.41%), formerly known as LendingClub, and SoFi (SOFI -0.76%), are moving in opposite directions this year: Happen Bank is up 2.9%, while SoFi has plunged 31.5%. The move may seem…
TechCrunch Mobility: The shifting flight path of electric air taxis
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. To get this in your inbox, sign up here for free — just click TechCrunch Mobility ! Something was in the air this week…
A Sea Limited Co-Founder Still Holds 21.6 Million Shares After Selling. Here's How to Read It
Ye Gang, the COO of Sea Limited (SE -1.12%), reported a sale of 60,000 Class A ordinary shares in a filing with the Securities and Exchange Commission on August 13, according to an SEC Form 4 filing. MetricValueTransaction value$7.7 millionShares…
Record results for Israel Aerospace Industries, but its biggest client isn't paying for the Arrow
Israel Aerospace Industries (IAI) is recording an all-time high in its order backlog and net profit. The backlog of the manufacturer of the Arrow, Heron drones, and Ofek satellites stood at $35 billion at the end of the second quarter of 2026, a…
LendingPoint Drove Coastal's $42M Q2 Loss
It's hard to believe it is mid-August already (happy birthday, dad!) — though, with my reduced speaking/conference/travel schedule this year, I don't have any set travel plans until October. Apart from the pandemic, surely the longest I've…
USA Financial Formulas Acquires Shares of 3,390 Seagate Technology Holdings PLC $STX
USA Financial Formulas bought a new position in shares of Seagate Technology Holdings PLC (NASDAQ:STX - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The…
Manchester Financial Inc. Trims Stock Position in Palantir Technologies Inc. $PLTR
Manchester Financial Inc. lessened its stake in shares of Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 24.7% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,001 shares of…
AI may help cut legacy tech debt, but clients fear creating a new one
Conversations with IT industry clients indicate that enterprises are still not entirely sold on the idea of making AI bets, even as the broader IT services industry has begun shifting towards AI-led deal wins. India's IT services companies have…
6 Apps To Save Money And Help You Invest More
A man stands in a modern living room by the window and uses a smartphone. If you're looking for apps to save money and invest more, consider fees and goals to narrow down options. Building wealth requires consistency. The challenge is that, if…
Which Broad Market ETF Wins for Your Portfolio, the iShares ITOT or Schwab's SCHB?
The iShares Core S&P Total U.S. Stock Market ETF (ITOT -0.15%) and Schwab U.S. Broad Market ETF (SCHB -0.13%) are virtually identical, ultra-low-cost vehicles for investors seeking comprehensive, one-click exposure to the entire domestic equity…
Micron Technology, Inc. $MU Stake Boosted by Range Financial Group LLC
Range Financial Group LLC grew its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 14.2% during the second quarter, according to its most recent filing with the SEC. The firm owned 9,852 shares of the semiconductor…
Breaking: PayPal Is 'In Talks to Sell Itself' After Rejecting Stripe's Initial $60.50 Bid in July
PayPal (PYPL) surged after reports of active sale talks with a Stripe and Advent International consortium, following a previously rejected $60.50-per-share bid. Stripe, valued near $159 billion, would gain PayPal's 439 million active accounts and…
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