Category: Finance Tech

Finance Tech, Financial Services, Industries, Mobile Banking & Payments

The convenience of buy now, pay later creates risks: Fitch

August 4, 2021

Via: Payments Dive

BNPL providers are rushing to the U.S. market as brands and retailers build the option into shopping experiences. The domestic market is still seen as relatively new by international players, making it a frontier for potential growth. Just this week, […]

Finance Tech, Trading

How major US stock indexes fared Tuesday

August 3, 2021

Via: ABC News

Stocks shook off a wobbly start and ended higher Tuesday as traders weighed another big set of company earnings reports. Investors were also closely monitoring the latest developments with COVID-19 and its potential impact on a still-recovering economy amid the […]

Finance Tech, Liquidity

Gold Price Technical Outlook Warns of Looming Death Cross Formation

August 3, 2021

Via: DailyFX

The price of gold appears to have reversed course following the failed attempt to test the July high ($1834), and the precious metal may continue to give back the rebound from the June low ($1751) as it initiates a fresh […]

Finance Tech, Liquidity

Cryptocurrencies Trim Weekend Gains, Ethereum (ETH) Outperformance Continues

August 2, 2021

Via: DailyFX

The cryptocurrency market is giving back some of this weekend’s gains with market leader Bitcoin continuing to battle a zone of resistance between $42k and $43.5k. Cardano (ADA) jumped by nearly 50% over the weekend, before paring its gains, while […]

Finance Tech, Trading

Investors should sell stocks and raise cash as bearish indicators pile-up for the S&P 500, BofA says

July 29, 2021

Via: Markets Insider

Investors should take advantage of any strength in the S&P 500 and sell stocks to raise cash as bearish indicators begin to pile up, Bank of America said in a note on Tuesday. The bank points to negative divergences and […]

Finance Tech, Mobile Banking & Payments

Bank Collaborations Key To Faster Payment Initiatives

July 28, 2021


SWIFT’s latest product launch signals its continued efforts to accelerate and boost transparency in global B2B payments. But it’s also a reflection of the importance of industry collaboration between banks and FinTech innovators, with traditional financial institutions (FIs) often an […]

Financial Services, Trading

Global markets sink ahead of Fed update on economy

July 27, 2021

Via: ABC News

Global stock markets declined Tuesday as investors looked ahead to a Federal Reserve report for an update on when U.S. stimulus might start winding down. London and Frankfurt opened lower while Shanghai and Hong Kong declined. Tokyo advanced. On Monday, […]

Finance Tech, Liquidity

Bitcoin mining stocks surge as the cryptocurrency rallies towards $40,000

July 26, 2021

Via: Markets Insider

Shares of cryptocurrency mining companies soared in early Monday morning trading as bitcoin staged a rally to a six-week high above $38,000. Marathon Digital Holdings and Riot Blockchain both jumped 18% premarket. Crypto mining peers including Bitfarms (up 17.6%), Bit […]

Finance Tech, Trading

Stocks open higher on Wall Street, on track for weekly gain

July 23, 2021

Via: ABC News

Stocks rose in early trading on Wall Street Friday and put the major indexes on track for a strong finish in a week that opened with a stumble. The S&P 500 index rose 0.4% as of 10:02 a.m. Eastern time […]

Capital, Finance Tech

Blackstone Posts Record $684 Billion in Assets Under Management

July 22, 2021

Via: TheStreet

Shares of private-equity fund Blackstone Group Inc. (BX) – Get Report shares were rising Thursday after the company reported second-quarter earnings that topped estimates and the firm saw record appreciation in the value of its investments. The New York-based company […]