Latest Fintech News
Trending U.S. fintech stories, aggregated live - no stale headlines.
Mortgage Magnate's $600M Loss Triggers Rescue
The mortgage industry's most prominent figure has suffered a staggering setback, losing $600 million in a series of bets that went sour. The loss was large enough to force a res…
Astraeus Launches AI-Native Wealth Management Infrastructure Platform
Astraeus, a new fintech venture, has launched an AI-native infrastructure platform built specifically for wealth management firms. The offering targets the technology backbone t…
SEC Exempts Certain Data Center Bonds From Securitization Rules
The U.S. Securities and Exchange Commission has carved out an exemption for certain data center bonds from key securitization rules, a move aimed at easing the regulatory burden…
Altria Shares Slide 4% as Regulatory and Macro Pressures Mount
Altria Group's stock closed down nearly 4% on Aug. 10, a sharp decline that reflects a convergence of challenges facing the tobacco giant. The drop comes as investors weigh new …
SEC Charges Netcapital with Fraud Over Revenue Inflation
The U.S. Securities and Exchange Commission has charged Netcapital with fraud, alleging that the company artificially inflated its revenue. The regulator's complaint accuses the…
Goldman's Varadhan: Why to Stay Invested
Ashok Varadhan, co-head of global banking and markets at Goldman Sachs, has a constructive message for investors: stay invested. He cites three reasons behind his positive stanc…
New bank Erebor nears $1.5bn raise for innovation economy
A new U.S. bank built for startups and technology companies is reportedly on the verge of securing a $1.5 billion funding round. Erebor, which counts prominent tech billionaires…
Edge and Socure team up to fight AI fraud
Edge, a provider of cashflow analytics for lenders, is partnering with Socure to strengthen defenses against AI-driven fraud. The collaboration pairs Edge's ability to derive le…
After Earnings and Share Lockup, SpaceX Stock Tests IPO Price
SpaceX shares are pushing toward their initial public offering price, a level that has proven elusive since the stock began trading. The move comes on the heels of the company's…