Fintech
Latest news, analysis, and updates in fintech.
UBS Bets 24x on Bitcoin Calls, Doubles Down on Crypto
UBS increased its bullish call options on a spot Bitcoin ETF by 2,400% in Q2, a massive directional bet from one of the world's most staid and risk-averse wealt
KPMG Made This Whistleblower Cave In
KPMG's apology to a company whistleblower was a cynical move to appease a parliamentary inquiry after a partner allegedly pushed for 'revenue growth at all cost
Adyen Soars on Surprise In-Person Spending Rebound
Adyen's payments growth is being driven by a 28% surge in in-person volume as existing clients deepen their reliance on its platform, signaling powerful lock-in
Mastercard Snubs $2.5B Coinbase Bid to Win BVNK
Mastercard's $1.8B acquisition of stablecoin firm BVNK concluded a frenzied bidding war, where it won not with the highest bid but with strategic alignment, as
Dollar Rally Hinges on Next Jobs and CPI Reports
The US dollar's path to higher gains just got harder, stalling after a weak jobs report as markets now demand strong upcoming CPI and NFP data before committing
CFPB Pulls Consumer Complaint Narratives Amid Record Grievances
The CFPB will stop publishing the detailed stories from consumer complaints, a major shift as grievance volumes double and lenders lobby for less oversight.
SEC Delay Axes Tokenization's Wall Street Dream
Tokenization stocks fell sharply after the Securities and Exchange Commission delayed a critical exemption, revealing the entire industry's deep dependency on r
Your Retirement Account Could Pay Out to an Ex
Overlooking a simple beneficiary form can legally unravel your entire estate plan, directing your assets to an ex or unintended heir instead of your family.
SBA Loan Spree Derails Florida Bank With $33M Loss
BayFirst Financial's $32.7 million quarterly loss marks the final, brutal cost of its disastrous high-volume SBA loan program, forcing a complete strategic retr
Women Inherit $100 Trillion, Trashing Old Wealth Management Playbooks
Women will inherit over $100 trillion by 2048, but most have never met a financial advisor. To win their business, advisors must redesign their practice around
Revolut’s French Bank License Targets Core European Revenue
Revolut secured a French banking license, allowing it to directly offer loans and deposits in major Western European markets and compete with incumbent banks fo
Young Members Say 'Buy Bitcoin' to Struggling Credit Unions
A generational rift is opening inside credit unions as younger members demand crypto services that cautious leadership, worried about security, refuses to provi