Fintech Industry News

A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.

bloomberg.com - Loni Prinsloo - MTN Finalizing Nigeria, Uganda Fintech Spinoffs; Adds Alipay
MTN Finalizing Nigeria, Uganda Fintech Spinoffs; Adds Alipay
Bloomberg

MTN Group Ltd. is finalizing the spinoffs of its Nigerian and Ugandan financial-technology operations as part of a reorganization of its mobile-money unit to allow Mastercard Inc. and other strategic buyers to take minority stakes in its fintech…

seekingalpha.com - SA Transcripts - Shift4 Payments, Inc. (FOUR) Presents at RBC Capital Markets Global Financial Technology Conference 2026 Transcript
Shift4 Payments, Inc. (FOUR) Presents at RBC Capital Markets Global Financial Technology Conference 2026 Transcript
Seeking Alpha

Shift4 Payments, Inc. (FOUR) RBC Capital Markets Global Financial Technology Conference 2026 June 9, 2026 10:20 AM EDT Christopher Cruz - Chief Financial Officer Daniel Perlin - RBC Capital Markets, Research Division RBC Capital Markets, Research…

prnewswire.com - Wahed - Qatar's General Authority of Endowments Partners with Global Islamic Fintech Wahed to Develop AI-Powered Shariah Equity Analysis Platform
Qatar's General Authority of Endowments Partners with Global Islamic Fintech Wahed to Develop AI-Powered Shariah Equity Analysis Platform
Cision PR Newswire

Bringing together Wahed's global expertise in Islamic fintech and asset management with Awqaf's Shariah and investment expertise in endowment oversight, the initiative is designed to build a smarter, more efficient approach to screening and…

law360.com - Jon Hill - Tenn. Remittance Tax Is Unconstitutional, Fintech Group Says
Tenn. Remittance Tax Is Unconstitutional, Fintech Group Says
Law360

A top fintech industry organization sued Wednesday to block an impending new Tennessee tax on outgoing international money transfers, challenging what the trade group contends is an unconstitutional toll on the... To view the full article, register…

americanbanker.com - Joey Pizzolato - Fintech lobbyist says Tennessee remittance tax is unconstitutional
Fintech lobbyist says Tennessee remittance tax is unconstitutional
American Banker

Key insights: The Financial Technology Association is challenging Tennessee's cross-border remittance tax, claiming that it infringes on Congress' power to regulate foreign commerce. What's at stake: Payments companies like PayPal and Remitly have…

decrypt.co - Decrypt Agent - Fold Shares Jump 162% After Bitcoin Fintech Sells $45 Million in BTC, Wipes Out Debt
Fold Shares Jump 162% After Bitcoin Fintech Sells $45 Million in BTC, Wipes Out Debt
Decrypt

Fold Holdings, the Phoenix-based fintech company that lets consumers earn and spend Bitcoin through everyday financial products, announced Wednesday it has eliminated all of its secured debt and freed up $25 million in fresh capital by selling some…

pymnts.com - PYMNTS - Brazil's Central Bank Wants More Authority Amid FinTech Explosion
Brazil's Central Bank Wants More Authority Amid FinTech Explosion
PYMNTS.com | Breaking News, Trends and Analysis

As Bloomberg News reported Wednesday (June 10), the bank is arguing that limited resources are hindering its oversight as the country's financial system grows more complex. A constitutional amendment that would give Banco Central do Brasil more…

247wallst.com - Trey Thoelcke - 3 Fintech Stocks Face Takeover Pressure as Consolidation Wave Builds
3 Fintech Stocks Face Takeover Pressure as Consolidation Wave Builds
24/7 Wall St

Fintech consolidation is heating up as scaled payments, banking, and brokerage players hunt for vertical specialists with profitable unit economics. The 2026 backdrop favors deals: large incumbents have stronger balance sheets, artificial…

thehindubusinessline.com - GIFT City opens applications for second fintech cohort to support early-stage start-ups
GIFT City opens applications for second fintech cohort to support early-stage start-ups
BusinessLine

Gujarat International Finance Tec-City launched the second cohort of its Fintech Residential Programme to support early-stage start-ups developing next-generation financial technology solutions. According to a GIFT City press release, the…

marketwatch.com - Industrials Down on Inflation Worries - Industrials Roundup
Industrials Down on Inflation Worries - Industrials Roundup
MarketWatch

Shares of industrial and transportation companies fell sharply amid inflation concerns. While the top-line reading of a 4.2% increase in the consumer price index was softer than economists had anticipated, one brokerage said the report suggested…

marketwatch.com - Flexsteel Industries Increases Quarterly Dividend by 25%
Flexsteel Industries Increases Quarterly Dividend by 25%
MarketWatch

Flexsteel Industries said its board has approved a 25% increase to the quarterly dividend. The new dividend of 25 cents per share, up from 20 cents, will be payable July 6 to shareholders of record as of June 24, the furniture maker said. The…

marketwatch.com - Stocks to Watch: Oracle, Oxford Industries, Humacyte, PureCycle Technologies
Stocks to Watch: Oracle, Oxford Industries, Humacyte, PureCycle Technologies
MarketWatch

Oracle reported a higher profit, buoyed by strong cloud revenue, but logged a decline in software revenue and said the buildout of its artificial-intelligence data-center infrastructure would pressure near-term margins. The stock declined 9.5%, to…

forbes.com - Luciana Paulise - The Future of Finance Jobs In The Age Of AI
The Future of Finance Jobs In The Age Of AI
Forbes

Financial professional speaks with two clients in an office. While AI may largely influence fewer job listings for particular finance jobs, it is also starting to provide a few opportunities as well. Artificial intelligence is completely…

marketwatch.com - Osaka Yuka Industry 1H Net Y113.00M Vs Loss Y33.00M
Osaka Yuka Industry 1H Net Y113.00M Vs Loss Y33.00M
MarketWatch

Osaka Yuka Industry Ltd. (4124.TO) Japan Half-Year Ended March 31 GROUP 2026 2025 Revenue Y727.00 mln Y590.00 mln Operating Profit Y149.00 mln Y113.00 mln Pretax Profit Y150.00 mln Y114.00 mln Net Profit Y113.00 mln (Y33.00 mln) Per share Earnings…

marketwatch.com - Sato Foods Industries FY Parent Net Y736.00M Vs Net Y596.00M
Sato Foods Industries FY Parent Net Y736.00M Vs Net Y596.00M
MarketWatch

Sato Foods Industries Co. Ltd. (2814.TO) Japan Year Ended March 31 PARENT 2026 2025 Revenue Y6.83 bln Y6.36 bln Operating Profit Y758.00 mln Y672.00 mln Pretax Profit Y907.00 mln Y813.00 mln Net Profit Y736.00 mln Y596.00 mln Per share Earnings…

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