Fintech
Latest news, analysis, and updates in fintech.

Payments Hand U.S. Bancorp a $7.7B Revenue Record Quarter
Payments now make up 23% of U.S. Bancorp revenue, turning a record $7.7B quarter into a bigger bet on fees and digital banking.

Citadel Securities Grabs $400M Crypto.com Stake at $20B
Citadel Securities is putting $400M into Crypto.com, valuing the exchange at $20B as it pushes into tokenized markets.

BitPay MiCA License Ignites EU Crypto Payments Fight
BitPay’s MiCA approval gives it one EU rulebook for crypto payments, turning compliance into a weapon in the merchant land grab.

June Retail Sales Expose the Consumer Spending Fault Line
June retail sales rose 0.2%, but consumers are getting pickier. Durable demand now depends on category, confidence and financing.

Keyrock Snaps Up BlockFills Assets in $3.25M Crypto Bet
Keyrock paid $3.25M for BlockFills trading assets, betting bankrupt relationships can become durable institutional crypto flow.

ZachXBT Torches Hardware Wallets as Bitcoin Holds $65K
ZachXBT ripped hardware wallets as Bitcoin stayed near $65K, turning a quiet market into a test of crypto custody trust.

CSI Qolo Acquisition Pulls Treasury Tech Into Core
CSI is folding Qolo's treasury payments tech into its core stack to help community banks fight bigger rivals for commercial clients.

Dubai Nod Puts Revolut UAE Crypto License on the Clock
Revolut’s Dubai crypto push cleared a preliminary VARA hurdle, but its UAE launch still depends on final approval.

400,000 Daily Prompts Put Bank of America AI on Trial
Bank of America says AI is moving from pilots to profit, with 400,000 daily prompts and 300 approved use cases.

Higher Costs Stalk PNC 2026 Guidance as Revenue Rises
PNC raised its revenue outlook, but higher expenses are now part of the growth story. Investors have to judge whether the spend pays off.

Screenless AI Payments Throw Checkout Trust Into Doubt
OpenAI's rumored screenless device could turn checkout into conversation, making proof of consent payments' next big fight.

Fake Oracle Profits Drain $18M in Ostium Exploit
Ostium lost $18M USDC after future-dated oracle reports created fake profits, deepening DeFi's keeper and price-feed crisis.