Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Remitly Global vs. Visa: Which FinTech Stock Is a Better Buy in 2026?
Remitly Global (RELY +4.21%) offers explosive growth in niche transfers, while Visa (V +2.23%) provides unmatched scale in global payments. Both companies shape how money moves, but which is the better buy? Remitly focuses on personal international…
Industrials Down on Mixed Macro Developments -- Industrials Roundup
Shares of industrial and transportation companies fell sharply after mixed data and mixed signals from the Middle East. Another drop in oil futures alleviated concerns about wholesale inflation. German chemicals processor Evonik raised its growth…
Energy Down With Oil Futures -- Energy Roundup
Shares of energy companies fell alongside oil futures, which closed at their lowest level since the eve of the Iran war. West Texas Intermediate oil futures fell $2.69, or 3.7%, to $69.23 a barrel, its lowest settle since Feb. 27. Losses came…
How Digital Money Is Changing The Future Of Global Payments
Michael Salerno, Head of Global Banking & Institutional Payments, leading international payments, FX & trade finance solutions at FNBO. Global payments are becoming faster, richer in data and increasingly digital. While instant settlement and…
TikTok's road to becoming a super app
Although TikTok is widely described as a social media giant, it's been gradually moving beyond that category. Over time, the video app added TikTok Shop, a map for local discovery, robust search, games, and so much more. Recently, it's added hotel…
Financials Up as OpenAI Worries Offset Earnings Hopes -- Financials Roundup
Shares of banks and other financial institutions rose slightly as optimism about regional bank earnings offset concerns about investment banking and private-credit funds. Goldman Sachs Group and Morgan Stanley slumped after reports that OpenAI may…
CUHK and tech giant Xiaomi forge strategic partnership to bring academic research to the consumer market
The Chinese University of Hong Kong and global technology giant Xiaomi have established a new strategic partnership aimed at transforming cutting-edge academic research into real-world technological applications. SCROLL TO CONTINUE WITH CONTENT…
Communications Services Up on Consumer Spending Hopes -- Communications Services Roundup
Communications-services companies rose, recouping some recent losses, as traders weighed the outlook for consumer spending. Oil futures closed at their lowest level since Feb. 27, the day before the Iran war commenced. Verizon Communications won 82…
Consumer Cos Up as Oil Continues its Retreat -- Consumer Roundup
Consumer companies rose as oil futures continued their retreat, boding well for gasoline prices. In the final June reading, the University of Michigan consumer-sentiment index rose to 49.5 from a record low of 44.8 in May, as the peace deal in Iran…
Forbes Daily: OpenAI May Delay Its IPO After SpaceX's Rocky Start
The market for hot sauce is heating up —and spicy Southern staple Crystal is capitalizing on the opportunity. Alvin “Pepper” Baumer, the third-generation owner and CEO of Baumer Foods, which makes Crystal, has grown his…
1 Brand New Big Green Flag for XRP (Ripple) in 2026 and Beyond
Right before the European Union plans to shut the door on unlicensed crypto companies, Ripple, the company behind XRP (XRP +2.29%), was issued a key. On June 23, the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg granted…
Materials Up as Precious Metals Rise Slightly -- Materials Roundup
Producers of metals, grains and other raw materials rose as precious metals prices recouped some of their recent losses. Silver futures rose slightly, but still fell 11% for the week to $59.22 a troy ounce and completed the longest weekly losing…
CIOs Need Stronger IT Financial Management Strategies to Prove Technology Spend Value, Says Info-Tech Research Group
As CIOs face increasing pressure to justify technology investments and demonstrate IT's value, fragmented financial data can make costs harder to explain and decisions harder to defend. Info-Tech Research Group's recently published blueprint, Adopt…
Utilities Up on Defensive Bias -- Utilities Roundup
Shares of power producers rose as traders rotated into defensive sectors in light of volatility in the artificial-intelligence niche. Nuclear-power companies slipped ahead of a July 4 deadline for small-modular nuclear reactors in Santa Clara…
Universe Pharmaceuticals to Buy Best Praise International for $10.8M of Stock, Shares Surge -- Update
Universe Pharmaceuticals agreed to acquire Best Praise International Limited in an all-stock deal valued at $10.8 million. Universe will pay for the acquisition with about 4.8 million shares of its common stock. The deal is expected to close in the…
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