Latest Fintech News
Trending U.S. fintech stories, aggregated live - no stale headlines.
Before Paying Mom's $31K Credit Card Debt, Read This
An 83-year-old woman is carrying $31,000 in credit card debt, and her daughter is ready to start making payments. Before she does, financial experts say she needs to understand …
Egypt's CIB wins preliminary nod for digital bank
Egypt's Commercial International Bank (CIB) has moved a step closer to launching a fully digital banking subsidiary. The lender said it has received preliminary regulatory appro…
Bendigo Bank Swings to Full-Year Profit
Bendigo Bank has swung to a full-year profit, according to its latest financial statement. The Australian regional lender's turnaround marks a clear improvement over the previou…
Nissan Abandons Bank It Couldn't Afford
Nissan has called off its plan to establish a bank, acknowledging that the project was more than it could afford. The decision brings an end to a venture that had been seen as a…
Car Loan Interest Deduction Now Tied to U.S. Final Assembly
New tax guidance now allows car buyers to deduct interest on auto loans, but only for vehicles that were finally assembled in the United States. The provision is designed to enc…
J&J's $5.5B Talc Settlement: Risk or Opportunity?
Johnson & Johnson has moved to resolve its long-running talc litigation with a proposed $5.5 billion settlement. The company has faced tens of thousands of claims alleging its b…
Pershing Square pours $3.3B into Visa, Mastercard, S&P Global
Pershing Square, the hedge fund led by billionaire investor Bill Ackman, has committed roughly $3.3 billion to three financial giants in a coordinated push into the fintech spac…
Ackman's Pershing Square Takes $1.1B Fintech Stake
Billionaire investor Bill Ackman's Pershing Square Capital Management has taken a $1.1 billion stake in a major fintech company, according to a recent disclosure. The move puts …
Kashkari: Rising Treasury Yields Not a Concern
Minneapolis Federal Reserve President Neel Kashkari said on Friday that the recent rise in Treasury yields is not a cause for concern, framing the move as a reflection of growin…