The Latest Breaking News from fintech

The fintech industry is anticipated to be bolstered by advancements in digital payments and AI-powered solutions. Amid this, let’s compare fintech stocks FinVolution (FINV) and Qudian (QD) to analyze which stock is more promising. Read on to find out….

For much of this year, global fintech activity has remained strong, largely driven by increased consumer demand and small enterprises side-stepping high-street banking systems amid a high interest rate environment. 

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…

Tickblaze aims to make advanced trading tech available to retail traders, reflected in its participation at Benzinga Fintech Awards. Partnerships and collaborations drive growth strategy, with a focus on democratizing market solutions for all.

Financial technology professionals connected and shared strategies at Benzinga Fintech Deal Day. Cashman highlighted the value of virtual platforms in reaching broader audiences and building sustainable solutions.