Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Can Standards Fix Bank-Fintech Third Party Risk Management?
When this hits your inbox, I'll already be on the road, hopefully passed Paris on my way back to the Netherlands from the French countryside. A somewhat shorter newsletter this week, owing to the vacation (as much as I ever take one, anyway)! Back…
Is Toast Stock a Bargain AI Play After Its Latest Revenue Surge?
After its shares sank by more than 35% at the start of the year, Toast (TOST -0.69%) stock has come roaring back since the spring to near breakeven for the year. The combination of mixed restaurant industry sales and the software-as-a-service…
Canada's unicorn moment: AI investment boom helps propel billion-dollar startups
A surge in artificial intelligence investment is reshaping the global startup landscape, creating billion-dollar companies at a pace never before seen. According to new data compiled by BestBrokers using Crunchbase and PitchBook information, global…
Does Wealthsimple want to add sports, politics to its new prediction markets product?
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TechCrunch Mobility: Zoox prepares for launch and Uber's AV empire
Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is playing in it. To get this in your inbox, sign up here for free — just click TechCrunch Mobility ! In just a few days…
Pagaya: AI Is Turning Consumer Credit Into Infrastructure (NASDAQ:PGY)
Pagaya Technologies is rated Buy due to strong operating leverage, robust growth, and a valuation that over-discounts credit and funding risks. PGY's platform embeds AI-driven underwriting within banks and fintechs, enabling scalable lending…
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Eightcap uses AI to scale compliance across global markets
Fast-growing Australian fintech Eightcap is using AI to help manage growing compliance workloads while ensuring customer data complies with privacy, access and data sovereignty requirements across multiple jurisdictions. Eightcap senior…
Superconnector: Talent and capital fuel the Hong Kong-Malaysia growth corridor
A high-level Hong Kong delegation led by Secretary Algernon Yau Ying-wah is arriving in Kuala Lumpur today – one of the first outbound missions under the Task Force on Supporting Mainland Enterprises in Going Global. SCROLL TO CONTINUE WITH…
Alger Dynamic Opportunities Fund Q2 2026 Commentary
Class A shares of the Alger Dynamic Opportunities Fund outperformed the S&P 500 Index during the second quarter of 2026. During the second quarter of 2026, the largest portfolio sector weightings were Information Technology and Industrials. The…
Everhart Financial Group Inc. Trims Stake in Palantir Technologies Inc. $PLTR
Everhart Financial Group Inc. reduced its stake in Palantir Technologies Inc. (NASDAQ:PLTR - Free Report) by 17.5% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 23,358 shares of the…
OCC Says No to Bunq US Banking License Bid
The Office of the Comptroller of the Currency (OCC) denied the request Friday (Aug. 7), telling Bunq the company needed to offer more insight into its American expansion plans, Bloomberg News reported. “The OCC wants to see a plan more…
Singapore Pledges to Use AI to Protect Workers' Jobs
That's according to a report Saturday (Aug. 8) from Bloomberg News, citing a National Day message from Prime Minister Lawrence Wong that day ahead of the country's 61st year of independence. He said that Singapore's government is using AI to ensure…
Nearly 32% entities expect AI to drive re-skilling over job cuts: Survey
Around 32 per cent of surveyed entities expect AI will drive significant re-skilling and job transformation rather than large net reductions, according to findings from the International Financial Services Centres Authority (IFSC) AI Survey 2026…
Why MercadoLibre Stock Jumped 11% in July
MercadoLibre (MELI -0.51%) stock rose 11% in July, according to data provided by S&P Global Market Intelligence. There wasn't any news specific to the company, but the market seemed to pick up on a good bargain ahead of the second-quarter report on…
Renaissance Technologies LLC Decreases Stock Holdings in Lakeland Financial Corporation $LKFN
Renaissance Technologies LLC reduced its position in shares of Lakeland Financial Corporation (NASDAQ:LKFN - Free Report) by 55.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 58,544 shares of the financial…
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