Fintech
Latest news, analysis, and updates in fintech.
Australian Dollar Freezes at 0.7060 Ahead of RBA Verdict
The Australian Dollar has halted its rally, stuck at 0.7060 as traders freeze ahead of the RBA's critical rate decision and guidance.
Rakuten Halts 6-Year Loss Streak With Record $4.2B Revenue
Rakuten Group posted its first quarterly profit in six years, ending a streak of losses fueled by its mobile network buildout, after hitting a record $4.2 billi
Figure's $1B Weekly Loan Apps Declare Traditional Lending Dead
Figure's blockchain lending marketplace processed over $1 billion in weekly loan applications, signaling a massive shift as nearly 500 traditional partners aban
SEC Pulls Crypto Rule Launch Hours Before Release
The SEC abruptly canceled the launch meeting for its landmark Regulation Crypto proposal, leaving the industry stranded without a regulatory framework and no ne
Selena Gomez Investors Sue Her for $1.2 Million Start-Up Fraud
Selena Gomez is being sued for securities fraud by investors who claim her mental health startup Wondermind took $1.2 million, never delivered its promised app,
Australian Dollar Awaits Bullock After U.S. Inflation Fizzle
The Australian Dollar is barely moving on its own economic news, drifting instead on U.S. inflation data and leaving the RBA struggling to control the narrative
Crypto Opens Stock Market for 4 Billion Unbrokered People
Crypto is making the dollar and the stock market accessible to billions globally for near-zero cost, shifting the conversation from speculation to human impact.
RBA Unanimity Signals Australian Dollar Pressure
The RBA's unanimous rate hold and downgraded economic forecasts signal a clear easing bias, setting the Australian Dollar on a path of sustained pressure.
Australian Dollar Plunges After RBA Pivots on Rates
The Australian Dollar dropped sharply after the RBA held rates but cut its growth and inflation forecasts, a move traders see as dovish despite the governor's h
Tariff Rebates Send $9.6 Billion to Apple, Nike
Corporate giants, led by Apple and Nike, are cashing billions in retroactive tariff refunds, creating an unexpected windfall while consumers get nothing.
Paysafe's Profits Avoid Its Main Wallet Product
Paysafe added 8% more wallet users, but total spending through wallets stayed frozen at $6.6 billion, exposing a crucial shift to powering iGaming volume instea
Ravencoin Miners Threaten Transaction Erasure in Blockchain Race
Two major mining pools could roll back the Ravencoin blockchain four days, erasing all transactions since a critical software bug was exploited, which puts the