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The Latest Breaking News from fintech

Fintech is likely to face increased scrutiny after Evolve hack

On June 26, Evolve Bank & Trust said it had experienced a cyberattack and data breach, resulting in customers' data being exposed.

Fortune

Should You Consider Shift4 Payments for Fintech Growth?

As fintech companies navigate a competitive landscape with fluctuating profitability pressures, Shift4 Payments' (FOUR) recent financial performance falls short of expectations, putting its growth prospects in question. So, should you consider investing in FOUR? Read on to learn my view….

StockNews.com

1 No-Brainer Value Stock That Looks Set to Recover From Its Slump

PayPal's valuations look quite compelling after its massive underperformance, and the fintech name looks like a good value stock to buy at these price levels.

Barchart

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How Technology and Agile Are Reshaping Customer Experience in Financial Services

The future of financial services will be shaped by the integration of AI and Agile practices.

Kiplinger

Revolut reports record profits as it hints at plans for IPO

London-based fintech company has been waiting more than three years for its UK licence to be approved

The Guardian - UK

From startup to double unicorn: The journey of Zilch

Philip Belamant is the Co-Founder and CEO of Zilch, Europe’s fastest-ever company to achieve unicorn status in just 14 months.

The Independent UK

Is Block, Inc. A Good Buy for Fintech Investors?

The high-interest rate environment, rapid advancements in fintech solutions, and changing consumer preferences contribute to the financial sector’s massive expansion. Let’s explore if Block (SQ) is an ideal buy for fintech investors. Read on to know more….

StockNews.com

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2 Fintech Stocks Set to Face Stiff Apple Pay Competition

KeyBanc believes these two incumbents in the fintech space are set for a challenging time amid Apple Pay's newly launched features.

Barchart

Scoop Up This New Russell 2000 Stock for 127% Upside Potential

Pagaya Technologies, an AI-driven fintech company, is about to join the benchmark Russell 2000, and just received a bullish 'Outperform' rating from KBW, with analysts projecting over 100% upside potential.

Barchart

How Fintech Is Impacting Money Management in 2024

It's hard to overestimate how much fintech has revolutionized finance.

Kiplinger

Is This Fintech Stock a Buy on Its Apple Partnership?

This fintech firm's recent partnership with Apple Pay gave a boost to its dwindling share price - but what will the next catalyst be?

Barchart

Navigating five years of UK fintech amid Brexit and Covid-19

THE ARTICLES ON THESE PAGES ARE PRODUCED BY BUSINESS REPORTER, WHICH TAKES SOLE RESPONSIBILITY FOR THE CONTENTS

The Independent UK

London fintech firms recruit thousands more staff as they set course for expansion

Britain’s biggest fintech firms are recruiting thousands of new staff, fresh research has found, in signs the industry is charting a course for major expansion. More than three thousand job vacancies in fintech were advertised in the first three months of this year, according to data from Morgan Mckinley and…

Evening Standard

The Fed hits Evolve bank with order over fintech troubles

The U.S. central bank has issued an enforcement action against Evolve Bank & Trust for failing to comply with anti-money-laundering, risk management, and consumer compliance programs.

Fortune

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Evening Standard

Wise shares tumble as forecasts disappoint analysts

London’s largest listed fintech today saw its biggest-ever single-day share drop after a surge in profits was eclipsed by an earnings forecast that fell short of analyst expectations.

Evening Standard

FTSE 100 Live 13 June: Crest Nicholson and Wise shares slide after results, index lower

Crest Nicholson and the fintech Wise are in the City spotlight following results-day punishment for their shares.

StockNews.com

3 Fintech Stocks Revolutionizing Financial Services

Fintech is causing a revolutionary shift in the financial services market and this could be the right time to scoop up fundamentally strong fintech stocks like PayPal Holdings (PYPL), NerdWallet (NRDS), and Qifu Technology (QFIN). Read more.

TechRadar

The importance of Hardware Security Modules (HSMs) strategy explained

Deploying HSMs in the financial sector isn't just about compliance; it's foundational for customer confidence.

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Barchart

Should You Scoop Up This AI Fintech Stock Before It Joins the Russell 2000?

The stock is set to join the coveted small-cap index in July.

Evening Standard

Billionaire Jack Ma-owned London fintech WorldFirst faces tribunal over harassment claim

An employee of billionaire Jack Ma-owned WorldFirst is taking it to an industrial tribunal over claims of harassment and discrimination after the London fintech was contacted by the information regulator over issues with data practices, the Standard can reveal.

inkl

Top Fintech App Development Companies that Should be on Your Radar

In today's digital age, the financial sector is rapidly evolving, and fintech applications are at the forefront of this transformation.

StockNews.com

Investors Beware: 3 Financial Stocks

The financial services sector is poised for strong growth due to global economic trends and the adoption of advanced fintech solutions. However, not all financial stocks are positioned to benefit from these trends due to various challenges across the sector. Investors should be cautious of fundamentally weak stocks like UWM…

Fortune

The ex-Square exec who bought a bank

"It’s such a weird thing to say, yes, I own a bank. I went and bought a bank."

Evening Standard

London fintech Curve apologises over terms of service error

The firm said it would not permit transactions blocked by underlying payment sources

Fortune

Fintech firm Payactiv—valued at over $500 million in 2020—is seeking a minority investor

Payactiv provides technology that allows employees to access their wages before scheduled paydays.

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