Fintech
Latest news, analysis, and updates in fintech.
Socure Buys Fravity to End Human Fraud Review
Socure acquired Fravity to fully automate fraud investigations, aiming to cut 80% of costs and eliminate the human review bottleneck after an AI risk alert.
Forbes Awards Slide as Shook Bribery Shatters Marketer Faith
A bribery scandal renders Forbes awards toxic, forcing wealth managers to strip them from websites and rebuild credibility with independent, transparent endorse
High Earners Chase Cheap Thrills in Dollar Store Aisles
Upscale shoppers are now a primary growth engine for dollar stores, a split in consumer psychology driven by high earners choosing to live paycheck to paycheck
Financial Advisors Pivot Roth Conversion Strategy Post OBBBA
The OBBBA tax law has upended the Roth IRA conversion playbook, forcing financial advisors to shift from deadline-driven urgency to using new deductions to engi
Banking Revolts Surge as State Elections Decide Financial Fate
The nation's biggest banks are pouring money into key state elections for governor and attorney general, as these offices now set financial rules that impact th
PayPal Slammed, Turns Down $53 Billion Hammer
PayPal's board has slammed the door on a $53 billion takeover bid from Stripe and Advent International, forcing its CEO to prove the company's independence.
Warsh's Jackson Hole Speech Risks Mortgage Rate Spikes
Mortgage rates, now above 6.5%, face a crucial test from new Fed Chair Kevin Warsh's Jackson Hole speech, which could shove them sharply higher and add hundreds
Fed Chair Warsh Dodges Crisis With Vague Jackson Hole Talk
New Fed Chair Warsh delivered a deliberately vague Jackson Hole speech, offering high-level philosophy instead of concrete guidance on inflation and bond market
Affirm Betting Its Future On $80 Grocery Charges
Affirm's growth now depends on millions of small, everyday purchases, not big-ticket items, fundamentally changing the economics and risks of the buy now, pay l
Winter Energy Bills Surge £60 Despite UK VAT Cut
UK ministers won't offer fresh support before a £60 energy price cap rise hits in October, meaning the government's £45 VAT cut fails to keep winter bills from
VC Firm Bets Millions On Surging Female Economy
The entirely female-led Capital F closed a $17 million debut fund aiming to back startups built for women, historically a massively funded consumer demographic.
Big Banks Killed Minority Loan Programs Before Ban
Major banks like Bank of America and Wells Fargo quietly dismantled their targeted lending programs for minority borrowers months before regulators officially b