Fintech
Latest news, analysis, and updates in fintech.
Stripe Bets Billions to Control AI’s Economic Pipe
Stripe acquired AI routing platform OpenRouter for up to $8 billion, aiming to control the critical layer that decides which AI models businesses use as volatil
CFOs Price Working Capital Like Asset Portfolios Now
Forward-thinking CFOs are no longer just minimizing working capital; they're actively pricing its components like a portfolio, separating low-risk receivables f
X Prepares to Pay Creators With Digital Dollars
X is exploring payments to content creators in stablecoins, a move that would weaponize fast, borderless payouts to lure talent from slower rivals.
Monzo's Backup Banking Experiment Fails Customers
Monzo's "fully independent backup bank," activated for 16 million customers during a core failure, reportedly malfunctioned, sparking doubts about its promise o
Fed Hawks Split as Economic Consensus Crumbles
New Fed minutes expose a significant internal divide, with three policymakers aggressively pushing for rate hikes despite the committee holding steady, revealin
College Tuition Now Accepts Venmo Cash
Universities are accepting Venmo for tuition, bridging social payment apps with high-stakes academic finance to reduce student friction.
Banks Pour Millions Into AI Fraud Detection That's Still Too Late
A new Plaid study reveals that 47% of firms cannot detect fraud in real time, proving that faster payments have completely outrun traditional security checks.
Static Bank Loans Stall 28% of US Middle Market Growth
New data reveals middle market distributors and wholesalers are being strangled by a disconnect: their banks' static credit can't move with their real-time inve
Kraken Debuts Single-Card Wallet for 600 Assets
Kraken's new Krak Card lets U.S. customers hold and instantly spend over 600 currencies and crypto assets anywhere Visa is accepted, directly challenging tradit
Peso Shrugs Off War Fears For Federal Reserve Minutes
While headlines focus on the Middle East, the Mexican Peso's trajectory is being set by traders parsing the Federal Reserve's latest meeting minutes for clues o
UK Inflation Surges on Rising Energy Bills
Britain's inflation rate is forecast to rebound to 2.9% in July, driven primarily by a 10% Ofgem energy price cap increase, pushing it further from the Bank of
Federal Judges Dismantle Colorado's 21% Usury Cap
Federal judges appear ready to strike down Colorado's 21% interest rate cap, dealing a major blow to state consumer protections and freeing national banks to pa