Category: Finance Tech

August 4, 2021

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, […]

August 3, 2021

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 […]

August 3, 2021

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 […]

August 2, 2021

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 […]

July 29, 2021

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 […]

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 […]

July 27, 2021

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, […]

July 26, 2021

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 […]

July 23, 2021

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 […]

July 22, 2021

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 […]