Fintech
Latest news, analysis, and updates in fintech.

$3,800 Cap Splits Russia Crypto Law Into Winners, Losers
Russia’s new crypto law caps retail buyers at $3,800 per intermediary while opening a state-supervised route for foreign trade.

Capital One Puts $254B Card Flow on Discover Network
Capital One is testing credit card volume on Discover rails, a live bet that could reshape card economics or expose acceptance risks.

MOVE Token Scandal Tips Movement Labs Into Chapter 11
Movement Labs filed Chapter 11 with over $1M in liabilities, but Move Industries says the network keeps running.

Stubborn Ally Auto Delinquencies Test Profit Rally
Ally's profit rose, but auto delinquencies stopped improving, putting its growth story back under a credit-risk microscope.

GOP Plan Pulls Federal Home Loan Banks Into Bank Rescue
GOP drafts would push Federal Home Loan Banks deeper into crisis liquidity, easing capital rules and recasting advances as core deposits.

Billtrust MCP Server Pulls AR Answers Into AI Chats
Billtrust is wiring live invoice-to-cash data into Copilot and Claude, betting finance teams will ask AI before opening another AR report.

Klarna Pulls Apple Upgrade Deeper Into Lease Economy
Apple's Klarna-backed lease plan could make pricey devices feel cheaper while nudging buyers into endless upgrade cycles.

Synchrony $49.8B Swipe Surge Defies Inflation Fears
Synchrony’s $49.8B purchase volume shows shoppers are still spending through inflation, even if they’re adapting under pressure.

Synchrony Purchase Volume Defies Crisis with $49.8B
Synchrony posted record $49.8B purchase volume, showing strained consumers are still spending on travel, luxury, furniture and home goods.

$180M Bet Vaults Augustus Clearing Bank Into Stablecoins
Augustus raised $180M at a $1B valuation to build a clearing bank for stablecoins, AI finance and 24/7 settlement.

Treasury Platforms Steal Lending's Spotlight at Banks
Citi and Wells Fargo show treasury platforms are turning into a second growth engine beside lending.

Polymarket Bets Yank CLARITY Act Odds Into Trump Fog
Polymarket pushed CLARITY Act odds to 43% on unverified Trump ethics reports, but no text or public deal backs the rally yet.