Latest Fintech News
Trending U.S. fintech stories, aggregated live - no stale headlines.
Korea Investment Corp Acquires Stake in Regions Financial
Korea Investment Corp has built a new position in Regions Financial (NYSE:RF), acquiring more than 3.28 million shares. The purchase is valued at roughly $99.19 million, giving …
Treasury Bond Move Is a Nightmare for Fed's Warsh
The U.S. Treasury's decision to step into the bond market is creating fresh headaches for Federal Reserve Chair Kevin Warsh and his colleagues on the Federal Open Market Committ…
Dividends Still Rule in a World of Gimmicks
The oddest email arrived on Monday, pitching a banking service run by a social media company. Elon Musk has been touting the idea, but the unsolicited offer was easy to decline.…
Fed Model: Back in Style on Wall Street?
The Federal Reserve's stock valuation model, once a staple on Wall Street, is drawing fresh attention after a long period in which it appeared irrelevant. The model, which compa…
Jack Henry Beats Estimates: Can Faster Payments Restore Margins?
Jack Henry & Associates' stock rose in extended trading after the company posted quarterly numbers that beat Wall Street forecasts. Shares climbed 1.9% to $156 on August 18, ref…
Dollar hits three-month low on Treasury buyback fears
The U.S. dollar has fallen to its lowest level in three months, as investor anxiety over the Treasury Department's buyback plans intensifies. Concerns about how the program migh…
Bitcoin Seen Ending 2026 Near Current Levels, Kalshi Traders Say
Traders on the prediction market Kalshi are signaling that bitcoin will end 2026 around its current price. The platform's speculative contracts, which allow users to bet on wher…
Walmart Embraces Contactless Payments
Walmart has begun enabling contactless payments at its stores, allowing customers to complete purchases by tapping their cards or mobile devices. The rollout represents a long-a…
JPMorgan hires Bank of America's David Fishman for tech M&A role
JPMorgan has tapped Bank of America's David Fishman to lead its technology mergers and acquisitions practice, according to an internal memo seen by Reuters. The move underscores…