Latest Fintech News
Trending U.S. fintech stories, aggregated live - no stale headlines.
Visa to Cut 2,600 Jobs in Efficiency Overhaul
Visa has announced a significant workforce reduction, eliminating about 2,600 positions, or 7% of its global staff. The layoffs are primarily targeting technology and product de…
Churchill Capital Corp XIII Prices $360M IPO on Nasdaq
Churchill Capital Corp XIII, the latest blank-check company from the Churchill Capital family, has priced its initial public offering at $360 million. The special purpose acquis…
Activist Jana Pushes Fiserv for Portfolio Review, Board Refresh
Activist investor Jana Partners has taken a stake in financial technology firm Fiserv and is urging the company to conduct a comprehensive review of its entire portfolio and ref…
Google Backs $15B Loan for Anthropic Data Center in Texas
Google has reportedly thrown its weight behind a $15 billion loan intended to finance a data center for artificial intelligence startup Anthropic in Texas. The move signals deep…
SoFi's Growth Potential Remains Strong Despite Headwinds
SoFi Technologies continues to attract investor interest with its hybrid model that combines fintech innovation and traditional lending services. As the company approaches its n…
AI Revolutionizing Core Banking Systems
Financial institutions are increasingly exploring how artificial intelligence can be woven into their core banking systems, transforming operations from customer-facing front en…
Unlimit Gains MiCA Licence in Cyprus
Unlimit, a global financial infrastructure provider, announced that its crypto arm, Unlimit Crypto, has obtained a Crypto-Asset Service Provider (CASP) licence from the Cyprus S…
Amazon, Walmart AI Catch 'Made in USA' Fraud But Stay Silent
A new study has found that artificial intelligence systems used by Amazon and Walmart are capable of identifying fraudulent 'Made in USA' claims on products, but do not flag the…
Mastercard Stock Rises After Q2 Earnings Beat
Mastercard (NYSE:MA) saw its shares rise 2.7% in trading on Thursday after the payments giant reported second-quarter earnings that exceeded analyst expectations. The company po…