The Latest Breaking News from fintech

Cathie Wood Just Bet $37 Million on Block. What It Means for XYZ Stock.

Cathie Wood’s Ark Invest bought 456,059 Block shares worth about $37.4 million as the fintech pushes deeper into AI and cost-cutting.

Barchart · Sep 11

Block Makes a Federal Trust Bank Move That Could Reshape Its Fintech Model

Block filed with the OCC to form Builders Bank & Trust, N.A., a national trust charter aimed at cutting sponsor-bank fees and unifying compliance for Cash App and Square.

MarketBeat · Sep 11

GFF 2026: FM Sitharaman on India’s tech leap, demographic dividend, AI risks and road to global scale

Global Fintech Fest: Sitharaman said that India was experiencing its demographic dividend in real time, with the country’s young population increasingly translating its potential into economic momentum.

The Economic Times · Sep 11

RBI recognises Unified Fintech Forum as second self-regulatory body for fintech

The RBI had recognised the Fintech Association for Consumer Empowerment (FACE) as the first SRO-FT in August 2024, after it laid down the framework for recognising SROs in May.

The Economic Times · Sep 10

Indian Bank launches AI-TARA voice banking, Smart Wealth and IND Cash Optima at Global Fintech Fest 2026

Indian Bank launched new digital banking solutions at the Global Fintech Fest. AI-TARA, a voice-based assistant, offers banking services in ten languages. Smart Wealth provides a consolidated view of customer finances and spending analytics. IND Cash Optima digitizes cash management for corporate clients. These innovations aim to enhance customer experience…

The Economic Times · Sep 10

GFF 2026: Scindia pitches ‘digital trinity’ of connectivity, compute and trust for AI economy

GFF 2026 Scindia: Connectivity, compute, and trust are the new digital trinity for fintech and AI. India's mobile phones and telecom networks are now financial highways and bank branches. The nation is expanding digital connectivity and infrastructure for financial inclusion and economic mobility. AI will make finance predictive, personal, and…

The Economic Times · Sep 10

GFF 2026: Fintech industry should step up investments to counter risks from emerging tech, says FATF vice-president

Fintech firms must increase investments to combat new technological threats. Emerging technologies like AI pose significant risks to India's economic progress. The FATF vice-president highlighted the need for proactive risk management strategies. Industry leaders need to understand and address these evolving challenges promptly. Timely action is crucial to safeguard the…

The Economic Times · Sep 10

GFF 2026: India's fintech transformation a result of innovation, inclusion & trust coming together, says RBI's Sanjay Malhotra

Malhotra said fintech’s potential could translate into meaningful impact only when innovation reached people who were not already well served by the financial system. At the same time, such innovation needed to remain firmly anchored in trust, he added.

The Economic Times · Sep 10

BharatPe unveils BharatPe Flex at Global Fintech Fest 2026, brings credit into everyday UPI payments

BharatPe unveiled BharatPe Flex, a new consumer credit offering built on UPI. This innovative product allows users to access credit limits up to sixty thousand rupees. Eligible users can utilise this credit for everyday UPI merchant payments seamlessly. Spends can be settled in full within forty-five days or via flexible…

The Economic Times · Sep 10

Global Fintech Fest 2026: Nandan Nilekani says risk of losing jobs due to AI lower in small companies

Nandan Nilekani foresees artificial intelligence posing greater job risks for large structured companies. He emphasizes that millions of small businesses are essential for generating future jobs. These dynamic roles in smaller firms are less susceptible to AI automation. India's formal startup sector has seen significant growth, indicating entrepreneurial potential. Empowering…

The Economic Times · Sep 10