Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
European Fintech Giant Announces Tether (USDT) Delisting
Europe's major fintech platform Revolut is set to cease support for Tether (USDT) stablecoin on August 31, according to recent reports. Wu Blockchain shared this development in an X post accompanied by screenshots verifying the claim. According to…
Why has China lowered its own ranking in global financial competitiveness?
A Beijing-based governmental think tank has taken the rare step of lowering China's global financial competitiveness ranking by one place, despite top leaders of the world's second-largest economy vowing to build it into a financial superpower.
This Bull Market Should Charge Into 2027
Economic data supports a resilient expansion, with falling inflation and steady job growth allowing the Fed to remain patient on rates. Momentum in AI-related tech stocks is extreme, with the MSCI Momentum ETF outperforming the S&P 500 by over four…
MercadoLibre Stock Has Been Left For Dead. Here's Why Investors Should Consider Buying More.
The market is soaring, but MercadoLibre (MELI +1.27%) is down 30% over the past year. Investors have soured on the Latin American financial technology and e-commerce player because of its aggressive investments, which are eroding profit margins. It…
Airwallex 'outsider' Jack Zhang set to defy US attacks
Airwallex founder Jack Zhang is confident he can navigate a fresh round of criticism in the United States about the US$11 billion payment company's alleged ties to China, describing himself as an outsider who has always had to work harder to win…
MercadoLibre: Scaling Tremendously Ahead Of A Rotation Trade (NASDAQ:MELI)
Gary Alexander 34.12K Followers MercadoLibre is primed for a rebound after a ~30% stock decline despite accelerating growth, especially in Brazil. I see MELI benefiting from secular Latin American growth, with ~$20B quarterly GMV expanding at a…
Here is Why PicS N.V. (PICS) is One of the Best New Tech Stocks to Buy According to Analysts
PicS N.V. (NASDAQ: PICS) is one of the best new tech stocks to buy according to analysts. On June 2, PicS N.V. (also PicPay) announced its Q1 2026 results, reporting a 70% year-over-year revenue increase to R$ 3.5 billion and a 92% rise in adjusted…
Affirm Stock: More Upside In The Tank (NASDAQ:AFRM)
The Asian Investor 32.66K Followers Affirm remains a 'Strong Buy' as BNPL adoption grows and the total addressable market is set for continual expansion. AFRM delivered 22% Y/Y active customer growth in Q3 '26 and surpassed $1B in quarterly revenue…
3 Magnificent Growth Stocks to Buy in July
The market just had its best quarter in six years, with the S&P 500 (^GSPC +0.00%) up 14% and the Nasdaq-100 up 26%. Many of the gains were driven by chip stocks as artificial intelligence (AI) continues to advance. But there are plenty of…
How SoFi's Bank Charter Could Pay Off for Long-Term Investors
SoFi Technologies ' (SOFI 1.08%) operations were launched more than a decade ago. Back then, the company's sole activity was providing alumni-funded loans to recent grads. Fast-forward to today, and SoFi has become a full-fledged digital financial…
Tokenization's next use case is personalized portfolios, NYLIM executive says
Tokenization advocates often point to faster settlement, around-the-clock trading and using the tokens in decentralized finance (DeFi) as the biggest advantages of bringing traditional assets onto blockchain rails. Thomas Sy, head of multi-asset…
Revolut Notifies Customers of USDT Delisting
Revolut, a crypto-friendly digital banking platform headquartered in the United Kingdom, notified some users it will delist Tether USDt (USDT) stablecoin in August, citing regulatory and risk concerns. In a Friday customer notice seen by…
Applied Industrial Technologies, Inc. (NYSE:AIT) Receives Consensus Recommendation of 'Moderate Buy' from Brokerages
Applied Industrial Technologies, Inc. (NYSE:AIT - Get Free Report) has been assigned an average rating of 'Moderate Buy' from the seven ratings firms that are currently covering the company, Marketbeat Ratings reports. One research analyst has…
The Stock Market Just Did Something Last Seen in 2020. It Signals a Big Move in the Next Year.
The U.S. stock market had a fantastic second quarter. Investors brushed aside economic uncertainty tied to the Iran war as U.S. corporate profits hit a record high. Financial results were surprisingly strong across every market sector, but…
Hsbc Holdings PLC Raises Stock Position in Fidelity National Information Services, Inc. $FIS
Hsbc Holdings PLC grew its stake in Fidelity National Information Services, Inc. (NYSE:FIS - Free Report) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional…
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