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…
OCC Raises the Bar for FinTechs Seeking Charters
The Office of the Comptroller of the Currency is attempting to narrow that information gap. In guidance issued in late June, the OCC clarified how it will process filings under its existing licensing regulations, including applications for de novo…
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…
Energy Down Alongside Oil Futures - Energy Roundup
Shares of energy companies ticked down alongside oil futures. Oil fell 1.3% to $68.58 a barrel, the lowest level since the eve of the Iran war. Oil prices have now declined on six of the last eight sessions. Commercial crude oil stocks excluding…
Forward Industries Shares Rise on Solana Treasury Additions
Forward Industries shares advanced after the company said it bought more than 500,000 SOL in its fiscal third quarter, lifting its Solana holdings to 7.55 million as of June 30. Shares were recently up 17% at $4.95 in late-morning trading…
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…
Columbus McKinnon Appoints Linker to Succeed Rustowicz as CFO
Columbus McKinnon named John Linker as its finance chief, succeeding Gregory Rustowicz. Linker has more than two decades of leadership experience across multiple industrial manufacturing businesses as well as a consistent track record of…
House finance committee passes EWA bill, among others
Key insight: A bill dealing with earned wage access would preempt state laws around the products, creating a national standard for the offerings. Forward look: There's few opportunities for the bill to pass this Congress, but since the bulk of the…
Zoom to Acquire Common Room
Zoom Communications said it has agreed to purchase Common Room, an artificial intelligence platform. Zoom, a video communications platform, said Common Room will unify fragmented signals and data to give sales teams improved intelligence on its…
Alcon Inc. (ALC) Stock Forecasts
Alcon Inc. is a global provider of ophthalmic surgery and vision care products. Founded in 1945 and based in Switzerland, Alcon previously operated as a subsidiary of Novartis AG. It became an independent Exclusive reports, detailed company…
Kratos Shares Rise After Company Lands $36 Million Air Defense Contract
Kratos Defense & Security Solutions shares rose Thursday after the company said it received a sole-source contract worth about $36 million for a new air-defense missile system. Shares were recently up 5% at $55.64. The defense technology company…
Arcturus Therapeutics Shares Rise on Plans to Work with Thermo Fisher Scientific on Cystic Fibrosis Drug
Shares of Arcturus Therapeutics gained after the company said it would work with Thermo Fisher Scientific to advance a therapy for cystic fibrosis. The stock rose 5.8% to $7.29 in premarket trading Thursday. Shares had risen 12% year to date at…
Revolution Medicines Advances Zoldonrasib to Phase 3 After Strong Pancreatic Cancer Trial Results
Revolution Medicines reported early trial results showed that its experimental drug zoldonrasib produced strong antitumor activity in two combination regimens for patients with metastatic pancreatic cancer. The late-stage clinical oncology company…
Ouster Shares Decline After Pricing Public Offering
Shares of Ouster fell after the company priced its underwritten public offering of about 3.6 million shares at $55.22 apiece. The stock declined 6.8% to $55.97 in premarket trading on Thursday. Shares had more than doubled year to date at…
APi Group Boosts FY Guidance on Acquisition of WTech Fire Group
APi Group raised its guidance for the year after it closed its acquisition of WTech Fire Group. The business services company said it now expects revenues of $8.66 billion to $8.86 billion for 2026, up from its prior guidance of $8.58 billion to…
Receive a Daily briefing on Fintech Industry News
Get Started