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The Latest Breaking News from fintech

Bakkt To Acquire Apex Crypto: What Investors Should Know And Why It's Important

Digital asset platform company Bakkt Holdings Inc (NYSE: BKKT) announced it is acquiring Apex Crypto from Apex Fintech Solutions for a total purchase price of $200 million.

Benzinga

Ant digital bank expands in Singapore with small business loans

Ant Group Co’s Singapore digital wholesale bank will start offering loans to small and medium-sized businesses, as the Chinese fintech giant extends its reach in the city-state.

Bangkok Post

Hey, Vitalik Buterin! You're Invited To Benzinga's December 2022 NYC Crypto And Fintech Events. See You There?

Founded in 2009 by CEO Jason Raznick, Detroit-based Benzinga is one of the largest content providers to global brokerages and media houses, including Yahoo, MarketWatch, and Insider.

Benzinga

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5 Philadelphia Fintech Companies To Watch: Venmo, InstaMed And More

Fintech has not only changed the way we do business, but how we lead our daily lives. Millions of times every day, Americans use fintech apps like Venmo and Zelle to send money straight from their phones, or Paypal and TorFx, to conduct business transactions.

Benzinga

Gloucestershire fintech expands into new headquarters

Virgate provides digital accountancy services to more than 50 SMEs across the hospitality, leisure and retail sectors

Birmingham Post

5 New York City Fintech Startups To Watch

Fintech is the newest and fastest way to process and deliver financial services. Whether you know it or not, you probably use some kind of fintech application right now, like Zelle or Venmo.

Benzinga

Scottish fintech firm appoints new chair

Latest hire was previously executive director at Standard Life and chair at AXA Investment UK

Insider UK

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Growth strategy launched to boost North East fintech sector and create 2,000 new jobs

The North East Fintech Strategy 2022-25 has been developed by Whitecap Consulting to create more and better jobs

Birmingham Post

Mairead McGuinness on Innovation, Crypto Regulation and Europe - Roll Call

Commissioner McGuinness, Europe’s most powerful regulator, discusses crypto regulation and innovation policy at DC Fintech Week. More on fintech: What fintechs and regulators have in common Converging on DC Fintech Week Can Congress buy in to digital dollar without legislation?

Roll Call

PhonePe loss without ESOP cost narrows to Rs 671 crore in FY22

NEW DELHI: Walmart-owned fintech firm PhonePe on Tuesday reported narrowing of its loss, excluding ESOP cost, to Rs 671 crore for the financial year 2021-22.

The Times of India

How financial technology can discriminate against people speaking minority dialects – new evidence from China

In the UK, studies have repeatedly found evidence of accentism. Prejudice based on someone’s way of speaking can affect people in the classroom, the office and beyond.

The Conversation

Boston Fintech Week Returns, Highlighting Adjacent Industries: Web3, CBDCs, Philanthropy

Like many events, Boston Fintech Week was forced to pivot to a virtual event during the COVID-19 pandemic. But this year, the in-person event returned, bringing a renewed buzz and excitement to the fintech space.

Benzinga

Online expo of fintech start-ups on October 21

Start-ups to showcase products, services for industry at ‘Big Demo Day 8.0’

The Hindu

What fintechs and regulators have in common - Roll Call

Jo Ann Barefoot joins co-host Amias Gerety to explain the necessity of taking policy and innovation seriously.

Roll Call

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Roll Call

Converging on DC Fintech Week - Roll Call

Dante Disparte and Chris Brummer sit down to talk about the Circle’s Converge conference and DC Fintech Week.

Tribune News Service

GOP midterm victory would add pressure on fintech regulators

If Republicans win control of Congress in the November midterms, people who closely follow financial technology expect pressure on regulators to push crypto-friendly rules across the finish line.

Roll Call

GOP midterm victory would add pressure on fintech regulators - Roll Call

Regulators may feel congressional pressure to finish some fintech rules after the midterms, but a GOP majority would want a light touch.

Chicago Sun-Times

Chime refunds $977 amid Sun-Times questions, as neo-bank apps face thousands of consumer complaints

Roderick Woodson of Morgan Park saw $997 mysteriously drained from his Chime Financial account in minutes. The company restored his money after a Sun-Times reporter asked: What happened?

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StockNews.com

3 Fintech Stocks to Add to Your Watchlist This Fall and 1 to Avoid

The fintech industry has grown significantly over the past few years due to the pandemic-driven accelerated pace of digitization. Continued digitization of businesses and financial transactions should keep driving the industry’s growth. Thus, investors could add promising fintech stocks Visa (V), AssetMark Financial (AMK), and Regional Management (RM) to their…

Benzinga

UP Fintech Flexes Global Expansion Muscle With NYSE Membership

Key Takeaways: UP Fintech’s TradeUP Securities unit has become a member of the New York Stock Exchange, giving its customers direct access to the bourse to enable faster trades at lower costs

StockNews.com

1 Stock That Is a Hard Pass for the Smart Investor

Shares of fintech company Affirm Holdings (AFRM) have plummeted more than 75% in price year-to-date. The company has been dealing with economic and credit cycle headwinds, which impacted its financials. Its profitability is expected to be significantly affected by shrinking consumer spending. Hence, we think investors should stay away from…

The Times of India

RBI wants fintech operators to follow rules of game: Shaktikanta Das

MUMBAI: Warning against mushrooming of lending apps and their usurious recovery prices, the Reserve Bank said it is not interested in penalizing operators or stifling innovation but wants them to follow the rules of the game, governor Shaktikanta Das said on Tuesday.

The Hindu

Fintech industry needs to work relentlessly on safety to uphold people's trust: PM Modi

Prime Minister Modi said the fintech domain in India has earned goodwill by being an enabler of inclusion, and there is a need for continued focus to empower the poorest of the poor by taking quality financial services to them.

Roll Call

Why the US housing regulator is looking into fintech - Roll Call

Jason Cave, deputy director of the FHFA talks fintech and what the agency’s new office for innovation might mean for mortgage markets.

StockNews.com

Should You Buy SoFi Stock Now or Wait?

Shares of financial services company SoFi Technologies (SOFI) have plummeted more than 60% in price year-to-date, aggravated by the recent FedEx warning spurring recession fears and causing a broad sell-off in fintech stocks. However, given Biden’s announcement on lifting the student loan repayment moratorium, is it wise to buy the…

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