Fintech Industry News
A collection of Fintech latest news, analysis and best practices from top business influencers and the world's most trustworthy sources.
Turkish FinTech Midas Targets Consumer Payments Business
The Istanbul-based FinTech hopes to begin offering digital consumer payment products, Bloomberg News reported Friday (June 19), citing an interview with founder Egem Ersalan. He said the company is building a digital wallet and prepaid-card…
Why UPI and Fintech Apps Need Business Logic Testing (Not Just Security Testing)
Most fintech breaches you read about involve a hacker, a vulnerability, and a headline. Most fintech losses I've actually seen up close involve none of those things. They involve someone who read the terms of a cashback offer more carefully than…
The Market Has Punished MercadoLibre Stock -- Is That Your Buying Opportunity?
One previously high-flying stock that has suffered in recent years is MercadoLibre (MELI +0.20%). The Latin American conglomerate faces rising competition in its e-commerce business as well as setbacks as it attempts to expand its fintech…
Q&A: What do consumers expect from today's financial products?
Experian (a global enterprise that has an office at Bloor Street East, in Toronto) recently surveyed more than 2,000 consumers about their perceptions of financial literacy, as well as their confidence in their current financial situation. To…
Which Is the Better International ETF, State Street's SPDW Targeting Developed Markets or Vanguard's Emerging Markets-Focused VWO?
The State Street SPDR Portfolio Developed World ex-US ETF (SPDW +1.07%) offers a lower-cost path to international exposure through established markets, while the Vanguard FTSE Emerging Markets ETF (VWO +1.76%) provides access to developing…
Rs 2,500-crore FEMA violation: ED raids crypto firms over illegal foreign transfers
3 min read Bengaluru Make us preferred source on Google The Bengaluru unit of the Enforcement Directorate (ED) uncovered an illicit cross-border remittance racket worth over Rs 2,500 crore last week following coordinated searches across…
Lloyds Banking Group (NYSE: LYG) Replaces Everyday Offers With New 'Lloyds Rewards' In-App Hub
Lloyds Banking Group (NYSE: LYG) launched a new in-app feature called “Lloyds Rewards” on June 9, replacing its previous “Everyday Offers” program for retail banking customers. The new hub is designed to provide…
Pure Financial Advisors LLC Grows Holdings in Micron Technology, Inc. $MU
Pure Financial Advisors LLC increased its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 16.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The…
Virtu Financial LLC Buys New Stake in Trane Technologies plc $TT
Virtu Financial LLC purchased a new position in shares of Trane Technologies plc (NYSE:TT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional…
Which Is the Better International ETF, iShares' Emerging Markets-Focused IEMG or State Street's Climate Change-Related NZAC?
The State Street SPDR MSCI ACWI Climate Paris Aligned ETF (NZAC +1.25%) provides a climate-focused global equity strategy, while the iShares Core MSCI Emerging Markets ETF (IEMG +3.14%) offers broad, low-cost exposure specifically to developing…
6,484 Shares in BWX Technologies, Inc. $BWXT Acquired by Virtu Financial LLC
Virtu Financial LLC acquired a new stake in BWX Technologies, Inc. (NYSE:BWXT - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired…
SVB Sues Patriot Over $21M of Receivables in Parker Card Mess
Happy summer solstice to those who celebrate! Today, the longest day of the year, is 16 hours and 45 minutes sunrise to sunset here in the Netherlands (18 hours and 23 minutes, if you're counting from first light to last light). I haven't actually…
Dell Technologies Inc. $DELL Stock Position Lifted by Fortem Financial Group LLC
Fortem Financial Group LLC lifted its position in Dell Technologies Inc. (NYSE:DELL - Free Report) by 10.6% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional…
How to Use Machine Learning for Fraud Detection: A Practical, End-to-End Guide
Fraud is no longer a rare anomaly—it's an evolving adversary that adapts as quickly as your defenses do. That's why teams across fintech, e-commerce, insurance, and marketplaces are increasingly turning to machine learning (ML) for fraud…
Nuvei's $2.75B Payoneer M&A completes Advent's quiet payments empire ; Is Cursor SpaceX's Instagram Moment? ; Robinhood cut 10% of jobs without mentioning AI once
👋 Hey, Linas here! Welcome back to a 🔓 weekly free edition 🔓 of my daily newsletter. Each day, I focus on 3 stories that are making a difference in the financial technology space. Coupled with things worth watching & most…
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