Trump Media to Exchange Cash and Stock for Cronos (CRO) as Part of New Strategic Partnership SARASOTA, Fla., Sept. 05, 2025 (GLOBE NEWSWIRE) -- Trump Media and Technology Group Corp. (Nasdaq, NYSE Texas: DJT) ("Trump Media"), operator of the social media platform Truth Social, the streaming platform Truth+, and the FinTech brand Truth.Fi, announced today it has closed its recently announced purchase agreement with Crypto.com. The agreement provides that Trump Media will acquire 684.4 million Cronos (CRO) to ...

A trading week shortened by the Labor Day holiday brought slight gains to the FinTech IPO Index, which gained 0.5% overall.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Opendoor surged more than 48%, continuing a volatile streak of stock swings to and fro. The stock, which has achieved meme status, was noted this week on sites such as Ya ...

Core Insights - The company is experiencing positive momentum and is encouraged by its progress over the last 1.5 years, particularly in terms of TM dollar growth [1] - The focus has shifted towards profitable growth, with significant efforts made to enhance operational efficiency and margin growth across various business segments [1] - Notable improvements have been observed in the processing and value-added services group, as well as in the growth of Venmo and branded checkout services [1] Company Performance - The company has been operating with increased focus and intensity on achieving profitable growth over the past two years [1] - There has been consecutive margin growth in the processing and value-added services group, indicating a positive trend in operational performance [1] - Venmo has shown acceleration in growth, contributing positively to the overall performance of the company [1] Strategic Focus - The company has prioritized profitable growth as a key strategic objective, which has led to different approaches across its various business lines [1] - The emphasis on enhancing branded checkout services reflects the company's commitment to improving customer experience and driving revenue [1]

Paymentus (PAY) Conference September 03, 2025 10:40 AM ET Company ParticipantsDavid Hanover - IR - KCSA Strategic CommunicationsDushyant Sharma - Founder, Chairman, President & CEOSanjay Kalra - SVP & CFODavid HanoverOkay. Thank you everyone for attending the Jefferies twenty twenty five FinTech Conference. Honored to be hosting Paymentus today at this one on one discussion. As many of you are aware, Paymentus is trading very, very close to their all time high and deservedly so.We'll go through that due to ...

First, when AI performance started seeing more volatility, mainly since mid-July, it was more evident in broader thematic portfolios than in our GARP overlay via reverse DCF baskets (US AI at a Reasonable Price: CGRBAIRP and International AI at a Reasonable Price: CGRBAIRX ). For this short recap, we call out some highlights around AI performance, including how our preferred core AI baskets (AI with with a reverse DCF GARP overlay) are faring. Second, and related, for the overall post-Liberation Day / init ...

Core Insights - Circle and Paxos Trust have developed a method to assist companies in verifying their digital asset holdings, utilizing cryptography and blockchain technology [2][3] - The partnership signifies the maturation of the digital asset industry in response to new global regulatory requirements, such as the GENIUS Act in the United States, which governs stablecoins [4] Group 1: Technology and Verification - The collaboration with Bluprynt allows for issuer verification of stablecoins, enabling tracing of tokens back to verified issuers [2] - The technology provides upfront provenance, reducing complexity and enhancing transparency for regulators and investors, which can mitigate risks from counterfeit tokens and impersonation attacks [3] Group 2: Regulatory Environment - The GENIUS Act, passed in July, is the first legislation in the U.S. specifically addressing stablecoins, indicating a shift towards regulatory oversight in the digital asset space [4] - Blockchain analysis firms have highlighted distinct security risks associated with stablecoins, including impersonation and fake tokens [5] Group 3: Integration Challenges - Circle's partnership with Finastra aims to facilitate the integration of stablecoin settlements into cross-border payment flows, utilizing Finastra's payment hub solutions [6] - The integration of stablecoins into the financial system faces challenges due to the lack of universality, as different versions of the same stablecoin can behave differently across various blockchain networks [7][8]

Core Insights - Hagerty has launched the Hagerty Safe Storage Concierge service, providing secure storage for classic and enthusiast vehicles during severe weather at no additional cost for insured members [2][4] - The service is initially available in the Tampa and Miami metropolitan areas, allowing members to store their vehicles above the estimated surge line for five days [2][3] - The program is powered by Way's digital platform, facilitating seamless reservations and access to participating garages, with over 90% of surveyed customers expressing interest in the service [3][4] Company Overview - Hagerty is a leading provider of specialty vehicle insurance and automotive services, catering to over 900,000 car enthusiasts in the U.S., Canada, and the U.K. [5] - The company focuses on preserving car culture and offers various services, including expert car valuation data, live and digital auctions, and immersive automotive events [5] - Way.com is a FinTech platform trusted by over 9 million drivers, providing a tech-powered experience for car ownership and enabling consumers to protect their vehicles and finances [6]

FinTech Founder Pleads Guilty In Paycheck Protection Program Fraud Scheme https://t.co/MVM12eZfpK https://t.co/caktmUPxZb ...

Fraud Allegation - A FinTech founder pleaded guilty in a Paycheck Protection Program (PPP) fraud scheme [1] Legal Implications - The case highlights potential legal and financial risks associated with PPP loan applications within the FinTech industry [1]

FinTech Founder Pleads Guilty In Paycheck Protection Program Fraud Schemehttps://t.co/6R0vkGzzDF https://t.co/kERYa7nlIo ...