The Latest Breaking News from fintech

Leading Mexican fintech startup leaked 1.7 million people's ID cards and selfies.

A dignity-first approach to financial inclusion can fundamentally transform financial services

The company has had two major layoffs in 2024 and says it’s now cash-flow positive.

With Warren Buffett’s partial exit and growing skepticism from analysts like Citi, this fintech darling is facing mounting doubts about its future growth potential.

Ripple was at the center of a legal storm in the past four years as the SEC hounded the fintech company over alleged securities violations over its $XRP sales, but in the past month, the company bounced back in what could be the biggest recovery of the year.

The PCC's operations stretch across five continents and has some 40,000 members

JP Morgan analyst Reginald L. Smith notes strong market cap growth for fintech stocks in 2024, but remains cautious due to valuation concerns.

Chief economist Dr. Robert Murphy of infineo discussed blockchain's evolution in life insurance and finance at the Benzinga Fintech Awards. He highlighted infineo's efforts to digitize the industry and promote transparency. He also expressed optimism for regulatory clarity and predicted further integration of real-world assets onto the blockchain.

POSaBIT Systems Corporation (OTCQX:POSAF), a provider of payments and point-of-sale infrastructure for the cannabis industry, reported Tuesday its financial results for the three months ended Sept. 30, 2024. Revenue for the quarter was $4.08 million, reflecting a 70% year-over-year decline primarily due to temporary disruptions in transaction processing, which has…