Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
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Mint Money unveils its app with Bill Payments at Global Fintech Fest 2026
Mint Money, the fintech app from the Hindustan Times Group, announced the launch of its app with Bill Payments, powered by Bharat Connect, the Bharat Bill Payment System (BBPS) ecosystem operated by NPCI Bharat BillPay Limited (NBBL), at the Global…
FinTechs Follow Corporate Clients Into Bigger Financial Relationships
Revolut, for example, is targeting FTSE 250 businesses as it seeks a larger role in corporate banking, where its penetration has trailed its business among smaller companies, the Financial Times reported Wednesday (Sept. 9). Revolut Business…
Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model
Fintech enterprises face a defining fork in the road once transaction volumes reach scale: keep paying tolls to third-party partner banks, or secure a direct federal charter to bring operations in-house. Many payment platforms watch gross margins…
Why Micron Needs To Be In An AI Portfolio (NASDAQ:MU)
Micron Technology, Inc. is a core beneficiary of the ongoing AI-driven memory supercycle, with DRAM and NAND supply-demand imbalances fueling record profits. Despite parabolic share gains, MU stock's forward P/E remains in line with historical…
FM flags AI risks, calls for responsible adoption
Union Finance and Corporate Affairs Minister Ms. Nirmala Sitharaman on Friday warned that frontier artificial intelligence (AI) laboratories are “racing straight to self-improving superintelligence”, raising significant concerns over…
Pentagon Awards Boeing $13.4B Air Force Contract Modification
The U.S. Air Force added $13.4 billion in potential spending to an existing contract with Boeing to add foreign military sales to the scope of work. The modification brings the total contract ceiling to $19.1 billion from $5.7 billion, the Defense…
Scholar Rock Gets FDA Approval of Isembyld for Spinal Muscular Atrophy
Scholar Rock said the Food and Drug Administration approved Isembyld, or apitegromab, for the treatment of spinal muscular atrophy. The drug was approved for adults and for children two years of age and older who are currently receiving a survival…
EverCommerce Increases Size of Repurchase Program
EverCommerce said its board approved a $25 million increase to the company's share-repurchase program, bringing the total authorization to $325 million. The program is slated to run through Dec. 31, 2027, the company added. The company has a market…
Olin Unit Gets $788M Contract to Supply Bullets to U.S. Military
Olin Corp. unit Olin Winchester was awarded a $788.3M contract to supply bullets to the U.S military, the Defense Department said. Under the terms of the deal, Olin Winchester would supply 5.56mm, 7.62mm and.50 caliber ammunition, with work…
Flux Power Operating Chief Mason to Step Down Effective Later This Month
Flux Power Holdings' Chief Operating Officer Jeff Mason has submitted his resignation, effective as of Sept. 25. Mason submitted his resignation on Sept. 8, Flux Power said in a Securities and Exchange Commission filing on Friday. A payment of…
Ocean Capital Acquisition CFO Resigns
Ocean Capital Acquisition said its chief financial officer, Man Kai Ho, resigned Wednesday. The company said it had launched a search for a new CFO, and that Chief Executive Kin Sze would assume the CFO responsibilities until a successor is…
Artisan Partners Shares Fall on $6B Rebalancing From Modified Client Relationship
Shares of Artisan Partners were down after the company said it expects to rebalance around $6 billion from its Global Value strategy this month as a result of a modified relationship with a client. Shares were down 3.2% to $38.42 as of Friday…
CPI Card Group Shares Slide After Secondary Public Offering
Shares of CPI Card Group were down after the company priced a registered underwritten secondary public offering of 2.3 million shares to be sold by certain stockholders affiliated with Parallel49 Equity, at a public offering price of $21.50 a…
AI a double edge sword, capable of even influencing electoral outcomes: FM Sitharaman
Finance Minister Nirmala Sitharaman on Friday termed artificial intelligence (AI) a double-edged sword, flagging the risks posed by emerging technologies such as agentic AI, tokenisation and quantum computing. AI also has the potential to influence…
BRICS criticises unilateral tariffs, trade barriers, calls for WTO adherence
BRICS nations have voiced strong objections to the unilateral imposition of trade and finance-related measures, including tariffs and non-tariff barriers, asserting that such actions undermine global trade and contradict World Trade Organization…
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