Accessibility StatementSkip Navigation Kraken joins pilot program to streamline Financial Services and Digital Asset workflows secured by Eightco's INFINITY Authentication platform INFINITY by Eightco is the secure, global authentication and trust layer that enterprises rely on, verifying human identity at scale The Company is supported by a select group of strategic and institutional investors including: BitMine (BMNR), MOZAYYX, World Foundation, Wedbush, Coinfund, Discovery Capital Management, FalconX, Kr ...

“Abysmal.” “Difficult to comprehend.” “Impossible to sugarcoat.” These are not the words of film critics directed at a tedious new box office bomb. They’re how analysts at BTIG, Jefferies and William Blair described the third-quarter results of fintech Fiserv. It may not be Steven Spielberg’s idea of cinema, but on Wall Street, it was a Halloween horror show. Shares in the company fell 43% Wednesday; Fiserv’s worst one-day drop on record had been 19.5%. SUBSCRIBE:  Receive more of our free The Daily Upsid ...

Monzo CEO TS Anil will step down after almost six years in charge of the London-based fintech https://t.co/VMAvCChIhx ...

Group 1 - Fiserv, a fintech company, experienced a significant stock decline of 44% on Wednesday following a profit warning [1] - Hedge funds that actively trade stocks purchased shares of Fiserv prior to the stock's collapse [1]

Core Insights - Booking.com's fintech unit is a profitable revenue source, aimed at helping travelers avoid high foreign exchange fees when booking international travel [1] - The fintech unit supports customers in using preferred payment methods and offers competitive foreign exchange rates while generating revenue for Booking Holdings [2] Payment Complexity - There are over 1,000 payment methods globally, creating complexity for travelers and booking processes, which includes dealing with fraud and chargebacks [3] - Booking.com initially collaborates with payment aggregators to identify effective payment methods in various regions [4] Economic Impact - Direct engagement with payment methods can change economics by 30 to 50 basis points or 1%, translating to millions of dollars at scale [5] - The payments unit is crucial for Booking.com's connected trip strategy, integrating various travel services like flights, hotels, and car rentals [5][6] Future Considerations - There is skepticism regarding major language models (LLMs) like ChatGPT entering the payments space due to the complexities involved, such as chargebacks and regulation [7]

Core Insights - The article highlights three Fintech stocks to watch: Rocket Companies, LexinFintech, and Joint Stock Company Kaspi.kz, which have shown the highest dollar trading volume recently [2] Company Summaries Rocket Companies (RKT) - Rocket Companies, Inc. is a fintech holding company that provides mortgage lending, title and settlement services, and other financial technology services in the U.S. and Canada [3] - The company operates through two segments: Direct to Consumer and Partner Network, offering solutions like Rocket Mortgage, Amrock, Rocket Homes, and Rocket Loans [3] LexinFintech (LX) - LexinFintech Holdings Ltd. offers online consumer finance services in China through its subsidiaries [4] - The company operates Fenqile.com, which provides installment purchase and personal installment loans, along with online direct sales with installment payment terms [4] Joint Stock Company Kaspi.kz (KSPI) - Joint Stock Company Kaspi.kz provides payments, marketplace, and fintech solutions for consumers and merchants in Kazakhstan [5] - The company operates through three segments: Payments Platform, Marketplace Platform, and Fintech Platform, facilitating transactions between customers and merchants [5]

MASTERCARD EYES $2B DEAL TO BUY ZEROHASH - REPORT- Mastercard is reportedly in advanced talks to acquire crypto infrastructure startup ZeroHash in a deal worth $1.5 billion to $2 billion, according to multiple sources cited by Fortune.- Chicago-based ZeroHash powers stablecoin and crypto infrastructure for fintechs and enterprises, including payments, crypto trading, and tokenization APIs.- The firm already counts major backers like Interactive Brokers, Apollo, Point72 Ventures, and Nyca.- It raised $104 mi ...

The third quarter was a great one for SoFi Technologies ( SOFI ), which beat consensus predictions on both the bottom and the top line on Tuesday due to strong customer growth on its personal financeAnalyst’s Disclosure:I/we have a beneficial long position in the shares of SOFI, PYPL, XYZ, UPST either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business ...

Core Insights - SoFi Technologies reported strong performance in the third quarter, exceeding consensus expectations for both revenue and earnings due to significant customer growth in its personal finance segment [1] Financial Performance - The company beat consensus predictions on both the bottom line and the top line, indicating robust financial health and operational efficiency [1] Customer Growth - The strong customer growth in personal finance is a key driver of SoFi's recent success, suggesting a positive trend in user engagement and market penetration [1]

Core Insights - MoneyHero Limited has launched Credit Hero Club in Hong Kong, marking a significant step in its evolution towards tech- and AI-driven product innovation [1][5] - The platform, powered by TransUnion, provides users with access to their credit profiles, enhancing their understanding of credit positions and simplifying the application process for financial products [2][6] User Engagement and Market Trends - Credit Hero Club offers free access to credit scores and reports, empowering users to make informed borrowing decisions and allowing commercial partners to target engaged customers [3][6] - Data from MoneyHero indicates a shift towards more prudent borrowing, with an increase in applications for smaller loans and a decline in medium and large loan applications [7] Consumer Behavior - A recent study shows that 48% of Hong Kong consumers are considering applying for new credit or refinancing within the next year, the highest level in five quarters [4] - There has been a 32% increase in average monthly traffic to MoneyHero's Credit Score & Report-related content, indicating a growing awareness of credit health among consumers [4] Strategic Partnerships and Future Plans - The collaboration with TransUnion is expected to deepen, with plans to expand Credit Hero Club's capabilities and introduce more personalized features [8] - MoneyHero operates across multiple regions in Southeast Asia, with over 270 commercial partner relationships and approximately 5.3 million Monthly Unique Users as of June 30, 2025 [8]