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The Latest Breaking News from fintech

RBI exploring options to ensure customer safety dealing with PPIs issued by non-bank entities

NEW DELHI: The Reserve Bank is considering various options to ensure that customers are not put at risk on account of activities of non-bank fintech players with regard to prepaid payment instruments (PPIs), sources said.

The Times of India

Here's Why Alibaba Shares Are Trading Higher Premarket

Alibaba Group Holding Limited (NYSE:BABA) founder Jack Ma's Ant Group Co is likely to apply for a critical financial license by June, Bloomberg reports. The move signals the fintech giant is getting closer to satisfying China's financial regulators, who quashed its listing ambitions in 2020. It followed a broader crackdown that erased over $1 trillion in…

Benzinga

China's Xi Calls for Stronger Fintech Oversight, Security

A high-level Chinese government meeting led by President Xi Jinping has called for stronger oversight and better security in financial tech, state media reported, with the sector hit hard by a regulatory crackdown. The government action has pummeled some of China's biggest tech firms, wiping out hundreds of billions of…

Asharq Al-Awsat

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FinTech and Crypto: Three Things to Pay Attention to Before Investing. Advice from Global Communications Consultant.

Investment in FinTech businesses has grown exponentially over the past decade and the growth continues to be on the rise. According to a 2021 report by Dealroom, FinTech startups raised $125B in VC funding globally, exceeding the total 2020 funding by 2.8 times.

Benzinga

Chinese fintech giant Ant closer to reviving iPO

HONG KONG: China’s central bank has accepted an application by Ant Group to set up a financial holding company, a key step toward finishing a year-long overhaul of Alibaba founder Jack Ma’s fintech business and reviving its stock market debut.

Bangkok Post

Market swings, software-based investing — and community banking - Roll Call

Amias Gerety, a partner at QED Investors, interviews M1 CEO Brian Barnes on relationship investing and automation in the fintech economy.

Roll Call

A Look At Needham's Top FinTech Picks

After another earnings season and coming off the 17th Annual NTMC, Needham analyst Mayank Tandon received updates from its entire coverage universe in recent weeks.

Benzinga

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London Tech Week: 20 of the hottest British start-ups to follow now

From the fintech firm started by two Gen-Z sisters to Euan Blair’s billion dollar idea, here are the hottest new businesses in town as London Tech Week continues

Evening Standard

Shared branch banking firm strengthens leadership team

Scottish fintech firm hires new chief operating officer and non-executive director

Insider UK

London ranked second best startup hub in the world for tech

The capital came top for fintech

Evening Standard

RBC Shares Its Insight On Fintechs, Apple Buy Now Pay Later, Ultimate Winners

RBC Capital analyst Daniel. R. Perlin looked forward to the Fintech Conference on June 14. Investor feedback was generally constructive, with most investors focused on which names in its universe have the higher probability for positive revisions in 2H/22 versus names at risk.

Benzinga

Online Brokers UP Fintech, Futu Stumble on Weak Stock Markets

Key Takeaways: UP Fintech and Futu reported sharp first-quarter revenue declines as weak stock markets caused trading commissions to slide Futu reined in spending during the period, while UP Fintech’s spending rose on aggressive hiring for its global expansion By Doug Young

Benzinga

3 Fintech Stocks to Sell Now

Although the fintech industry is poised to grow significantly in the long run, data security concerns are currently plaguing the industry. Therefore, fundamentally weak fintech stocks Bill.com (BILL), Block (SQ), and Futu Holdings (FUTU) are expected to suffer in the near term.

StockNews.com

Here's Why Citi Is Incrementally Bullish On FleetCor, WEX

Citi analyst Peter Christiansen expressed incremental bullishness on FleetCor Technologies, Inc (NYSE:FLT) and WEX Inc (NYSE:WEX), lifting estimates and target prices on both, given rising fuel prices and solid demand signs. As a reminder, the incremental flow-through on higher fuel was highly margin-accretive. Christiansen upgraded WEX from Neutral to Buy on higher fuel and increased…

Benzinga

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Benzinga

Why UP Fintech Holding Limited Shares Are Trading Lower Today

Shares of UP Fintech holding Limited (NASDAQ: TIGR) are trading lower after the company reported first-quarter earnings results.

Birmingham Post

Holywood agency creates 14 jobs to grow US fintech reach

The move by Origin is part of a £1 million investment

Benzinga

What To Watch In GameStop Stock After SEC Chair Signals End To Payment For Order Flow

GameStop Corporation (NYSE: GME) was sliding over 6% lower on Thursday, the day after Securities and Exchange Commission Chairman Gary Gensler said at the Piper Sandler Global Exchange and Fintech Conference that his staff was considering

Benzinga

Here's Why Alibaba Shares Are Trading Lower Premarket After Brief Jump

Alibaba Group Holding Ltd (NYSE:BABA) shares gave up the gains in premarket trading after China snubbed previous reports of the revival of the IPO of its fintech affiliate Ant Group Co. The news of revival reflected possible ease in China's domestic tech crackdown, Bloomberg reports. China had reportedly formed a team to reassess Ant's share…

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Asharq Al-Awsat

Saudi Arabia Gears Up to Become Middle East’s Fintech Hub

Amid a fast-paced financial world, Saudi Arabia is emerging as a very bright spot for the future of the financial technology sector in the Middle East. What makes the Kingdom a prominent home for financial technology in the region are several record achievements, foremost of which is the development of…

Benzinga

SEC Chair Gensler Says Crypto Exchanges 'Operating Outside Of The Law': What You Need To Know

Securities and Exchange Commission Chair Gary Gensler spoke at the Piper Sandler Global Exchange and Fintech Conference on Wednesday. One of the topics Gensler discussed in the Q&A session was cryptocurrency regulation.

Birmingham Post

FinTech Wales secures £1.6m investment from Cardiff Capital Region

Fintech is one of the Cardiff Capital Region's five key clusters alongside compound semiconductors, creative industries, medtech and cyber.

Insider UK

TSB joins FinTech Scotland in search for SME partners

New scheme is seeking fintech firms to help the bank tackle climate and cost-of-living crises

Benzinga

Top News In Fintech And Beyond For June 8, 2022

👉 Top Things To Know In TradeFi:

Benzinga

Green Check Verified Integrates With Cannabis ERP Platform Canix

Green Check Verified (GCV), the leading fintech provider of compliant cannabis banking solutions and services, integrated with Canix, one of the cannabis industry’s most comprehensive seed-to-sale enterprise resource planning solutions.

Benzinga

PKKFF: Tenet Fintech Revenues Increased 144% In Q1 Despite Delayed Plans and Seasonal Weakness

By Lisa Thompson OTC:PKKFF READ THE FULL PKKFF RESEARCH REPORT

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