Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
From informal to influential: Why township businesses are a growth market for fintech
Abram Juice Ndlovu, Supervisor: Kasi Sales at Altron FinTech. For years, township businesses have been viewed through a single lens: financial inclusion. The assumption has been that the role of fintech in these spaces is charitable, bringing the…
Energy Up With Oil Futures on Hormuz Optimism - Energy Roundup
Shares of energy companies ticked up alongside oil futures. Oil futures rose 11 cents to $68.69 a barrel but retreated for the fourth consecutive week amid signs that Middle East energy exports were returning to prewar levels. The U.S. and Oman are…
U.S. Futures Down Slightly, European Stocks Mixed
U.S. futures for the S&P 500 were down 0.3% and futures for the Dow Jones Industrial Average decreased 0.1%. Changes in futures do not necessarily predict movements after the opening bell. In Europe, the Stoxx Europe 600 was flat in morning…
Do You Need To Be A Cannabis Consumer To Be A Good Cannabis Marketer?
A pro-cannabis activist smokes a joint at a protest against the Thai government's proposals to reinstate cannabis on the list of narcotics outside the United Nations building in Bangkok on July 8, 2024. (Photo by Lillian SUWANRUMPHA / AFP) (Photo…
IQM, Europe's first public quantum company, admits the future of the tech is uncertain
IQM, a full-stack quantum company out of Finland, went public on the Nasdaq Thursday via a SPAC merger at a valuation of about $1.9 billion. But share prices didn't pop. They spent most the day below the IPO price — a lukewarm welcome. SPAC…
Summer Davos C-Suite Roundtable: A Curtain Raiser for APEC as Global Investors Align on the Future of the Greater Bay Area
Earlier this week, the South China Morning Post and the Hong Kong Investment Corporation Limited (“HKIC”) co-hosted a special SCMP C-Suite roundtable event, featuring a keynote address from the Honourable Paul Chan, Financial…
What 1 million keywords reveal about AI's impact on search
Search demand is shifting, not shrinking. Our analysis found that 29% of high-volume search demand is in decline, while nearly the same amount is growing elsewhere. Overall demand remains essentially flat because search behavior is being…
Pershing Square Initiates Quarterly Dividend
Pershing Square declared a quarterly cash dividend of 12.2 cents a share. It marks the company's first quarterly cash dividend since its initial public offering. The dividend is payable July 21 to shareholders of record July 13. The payout is equal…
Laris Growth Acquisition Seeks to Raise $200M in IPO
Laris Growth Acquisition filed to raise $200 million in an initial public offering. The blank-check company said it plans to offer 20 million units for $10 apiece, with each unit containing one share and one-half of one redeemable warrant. Each…
Consumer Cos Down, Trimming Gains - Consumer Roundup
Consumer companies fell, trimming gains for the week, amid concerns about stock-market and labor-market stability. The sector initially gained after a tepid June jobs report alleviated fears about Federal Reserve rate plans. Some brokerages said a…
The Keys To Finding ROI Amid Pilot Purgatory
Saeed Amidi, Founder and CEO of Plug and Play. It wasn't long after the excitement over ChatGPT, Claude and other large language models (LLMs) that disillusionment set in. CEOs who had handed their IT and other business leaders…
Utilities Up After Jobs Data - Utilities Roundup
Shares of power producers rose as Treasury yields fell. Utilities had been under pressure during much of the second quarter due to expectations of a rate hike. The Labor Department's tally of a mere 57,000 workers added in June moderated rate…
AdaptHealth Investigates Social Engineering Cyberattack
AdaptHealth said it is investigating a social engineering cyberattack that put patient data at risk. The full-service medical equipment company said the external user gained access to its business applications, including internal patient management…
VivoPower Refocuses on AI Data Centers; Moves Forward With Separating Tembo, Caret Digital
VivoPower said it will refocus the company on its artificial intelligence data center business and move ahead with separating two non-core units, Tembo and Caret Digital, in line with that strategy. For Tembo, VivoPower said its previously…
Technologies are reshaping Canadian finance in 2026: AI and open banking
Canada's financial services sector continues to swim on the tide of technology. While banks have long embraced digital channels, 2026 marks a turning point where two technology-driven trends are moving from pilot projects and policy discussions…
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