Latest Fintech News
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Connexus Credit Union Taps Alacriti for Real-Time Payment Services
Connexus Credit Union has expanded its payment offerings through a partnership with Alacriti, a cloud-based payment technology provider. The collaboration enables the credit uni…
Major US firms including Meta, Amazon, Visa, Walmart slash jobs in 2026
A growing number of major US corporations are trimming their workforces this year, with household names like Meta, Amazon, Visa, and Walmart announcing job cuts. The moves refle…
Tenet Fintech Launches Auto Grant Matching for SMEs
Tenet Fintech has introduced an automated grant matching feature on its Cubeler Business Hub platform, targeting small and medium-sized enterprises in Canada and the United Stat…
Al Rajhi Bank Reports 14% Profit Increase in Q2 2026, Lowers Loan Growth Forecast
Al Rajhi Bank, Saudi Arabia's largest Islamic lender, posted a 14% year-on-year rise in net profit for the second quarter of 2026, according to investor presentation materials. …
Moody’s Warns BlackRock AI Alliance Could Weigh on Meta Shares
Credit ratings firm Moody’s has issued a cautionary note regarding Meta Platforms’ stock, flagging potential downside from the social media giant’s involvement with BlackRock’s …
PEX raises $160M to expand corporate card platform
Corporate card and spend management fintech PEX has raised $160 million in a combination of debt and equity financing. The round was led by Bluff Point Associates, with particip…
Event Contract Exchange Rothera Taps Eventus for Market Monitoring
Rothera, a CFTC-regulated platform specializing in event contracts, has integrated Eventus’ Validus platform to oversee trading activity across its rapidly expanding markets. Th…
Credit Union Brings Investment Tools Directly to Member Accounts
Utilities Employees Credit Union has teamed up with fintech firm InvestiFi to offer its members a way to invest without leaving the credit union’s digital platform. The move add…
Visa to Trim Headcount by 7% in Restructuring Move
Visa Inc. is reportedly planning to reduce its global workforce by approximately 7%, according to a report from Bloomberg News. The move is seen as part of a broader cost-cuttin…