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Tenet Reports Voluntary Dismissal of U.S. Securities Class Action Lawsuit
TMX Newsfile· 2026-03-06 21:41
Toronto, Ontario--(Newsfile Corp. - March 6, 2026) - Tenet Fintech Group Inc. (CSE: PKK) (OTC Pink: PKKFF) ("Tenet" or the "Company"), an innovative analytics service provider, owner and operator of the Cubeler Business Development Platform, today announced that the class action lawsuit, filed in the United States District Court for the Eastern District of New York on October 25, 2023 against the Company, its CEO and CFO alleging four counts of violations of the securities laws of the United States (the "L ...
How B2B payment automation threatens banks
American Banker· 2026-03-06 18:51
Key insights: Fintechs and card networks are pursuing B2B payment, creating more options beyond banks.  What's at stake: Up to $13 trillion in transaction value could move to emerging payment rails in the next four years.Forward look: Digital assets such as stablecoins, tokenized deposits and central bank digital currencies are also emerging choices. Companies are looking beyond banks for cross-border transactions, a trend that could continue to accelerate as potentially faster, less expensive alternatives ...
Block Gains 23.6% Post Q4 Earnings: Buy, Hold or Fold the Stock?
ZACKS· 2026-03-06 18:40
Key Takeaways XYZ shares jumped 23.6% after Q4 EPS met estimates and the company raised its 2026 outlook.XYZ posted $6.25B Q4 revenues and $2.87B gross profit, with Cash App rising 33.1%.XYZ is cutting workforce from 10,000 to under 6,000; 2026 gross profit seen at $12.2B with EPS up 54%.Block (XYZ) shares gained 23.6% following an impressive fourth-quarter 2025 results announcement on Feb. 26, 2026, through yesterday’s closing session. The company also raised its full-year 2026 outlook.Block is reducing it ...
Western Union Partners (WU) with Crossmint to Launch USD Stablecoin on Solana
Yahoo Finance· 2026-03-06 17:13
Group 1 - The Western Union Company is recognized as one of the 15 Best Stocks to Buy Now for Passive Income [1] - Western Union has partnered with Crossmint to support the rollout of USDPT, a new U.S. dollar-denominated stablecoin [2] - The Digital Asset Network by Western Union aims to connect stablecoins with real-world cash access, allowing users to convert digital dollars into local currency through over 360,000 collection points globally [3] Group 2 - Crossmint plans to integrate with Western Union's Digital Asset Network and support access to USDPT through its wallet and payment APIs [4] - The partnership is expected to facilitate instant fund transfers on Solana, store value in digital dollars, and connect to Western Union's payout network [4] - Western Union provides cross-border and cross-currency money movement, payments, and digital financial services, operating through two segments: Consumer Money Transfer and Consumer Services [5]
Building Trust in a Digital World | Dr. Atharv Kakade | TEDxDCAC
TEDx Talks· 2026-03-06 16:37
Hello everyone. I am Atar Kak and uh I'm from Maharashtra. I'm 26-year-old businessman and entrepreneur uh mostly working in fintech and web3 industry.So I'm going to tell you a story about my life when I first started as a 20 years 20 year old entrepreneur and scaled my way through to become a one of the biggest consultants in blockchain and web3 space in India. So I was a MBBS student. How many of you know that MBBS uh student can become a doctor or he can become someone working in technological side. Mos ...
Freedom Holding Corp. Credit Ratings Confirmed by S&P Global Ratings
FinanceFeeds· 2026-03-06 13:42
Freedom Holding Corp. Credit Ratings Confirmed by S&P Global Ratings New York, USA, March 6th, 2026, FinanceWire Freedom Holding Corp., a Nasdaq-listed fintech group, has had its credit ratings confirmed by S&P Global Ratings, reflecting the company’s continued business expansion and development of its financial ecosystem. S&P maintained the long-term issuer credit rating of Freedom Holding Corp. at “B-” with a Stable outlook. The ratings of its key operating subsidiaries – the brokerage and banking busine ...
How Block’s CFO became convinced the company needed only 60% of its staff
Fortune· 2026-03-06 13:38
Good morning. Why would a profitable, fast-growing fintech cut nearly half its staff?That’s the question swirling around Block after CEO Jack Dorsey announced plans to lay off 4,000 employees, about 40% of the company, just as the parent of Square and Cash App reported Q4 gross profit of $2.9 billion, up 24% year over year. I sat down with Block CFO and COO Amrita Ahuja, who said the move isn’t about trouble or “bloat,” but about how far the company has gone in reshaping its workforce around artificial inte ...
Pineapple Financial to Participate in Upcoming Webull Digital Asset Treasury Webinar
TMX Newsfile· 2026-03-06 13:30
Core Insights - Pineapple Financial Inc. is participating in the Webull Crypto and Digital Asset Treasury Webinar on March 11, 2026, with Anthony Georgiades as the presenter [1] - The company focuses on a digital asset treasury strategy, specifically accumulating INJ tokens through disciplined open-market purchases [3] - Pineapple Financial is recognized as a leading fintech platform and Canadian mortgage brokerage network, emphasizing the success of agents and brokers while enhancing homeowner experiences [4] Group 1 - Pineapple Financial's leadership team member, Anthony Georgiades, will present at the Webull Crypto DAT Virtual Webinar on March 11, 2026, at 1:40 PM ET [1] - The company is committed to delivering shareholder value through strategic capital allocation in the digital asset landscape [3] - Pineapple Financial is an award-winning fintech company with a focus on creating cloud-based tools and AI-driven systems for brokers [4] Group 2 - The company has a network of hundreds of brokers aimed at helping Canadians achieve homeownership [4] - Pineapple Financial actively sponsors charities across Canada to improve the lives of fellow Canadians [4]
SoFi Enables Stablecoin SoFiUSD Settlement across Mastercard’s Payments Network
Crowdfund Insider· 2026-03-06 12:28
SoFi Technologies (NASDAQ: SOFI) is pushing its bank-issued digital dollar forward, blending traditional finance with blockchain capabilities. The developments underscore growing confidence in regulated stablecoins for everyday payments and institutional use. Recently this month, SoFi revealed an expanded collaboration with Mastercard (NYSE: MA). The partnership allows SoFiUSD — the company’s U.S. dollar-pegged stablecoin — to serve as a settlement currency across Mastercard’s vast global network.Issuers an ...
Is SoFi Technologies Stock Your Ticket to Becoming a Millionaire?
The Motley Fool· 2026-03-06 02:05
Core Insights - SoFi Technologies has experienced significant growth, with shares increasing by 186% over the past three years, despite trading 43% below its all-time high from November 2025 [1] - The company reported a year-over-year adjusted net revenue increase of 38% in 2025, indicating strong momentum [3] - SoFi's customer base grew from 1.9 million in 2020 to 13.7 million by the end of 2025, showcasing exceptional growth in the financial services sector [4] - The ability to attract younger consumers positions SoFi for long-term revenue growth as these customers' financial needs evolve [5] - SoFi has maintained consistent profitability since Q4 2023, generating positive net income in every quarter [6] - The stock currently trades at a forward price-to-earnings ratio of 30.1, with management projecting adjusted net income of $825 million in 2026, a 72% increase from 2025 [9] - Long-term investors are encouraged to consider SoFi as a viable investment opportunity based on its growth outlook [10]