News

The development and maturation of fintech continues to accelerate, but it was a particularly eventful week in the universe of fintech-related ETFs and funds.

If Robinhood’s “Payment for Order Flow Revenue Model” is responsible for anything, it is for driving innovation and helping bring industry-wide brokerage commissions down to zero so that retail investors can trade commission free.

After SPACs, or special purpose acquisition companies, became one of the preferred ways to take innovative companies public last year, a flurry of “SPAC-tivity” has taken place in the fintech sector, headlined last week by the acquisition of New York-based MoneyLion, a comprehensive personal finance, advice and investing platform, by Fusion Acquisition Corp.

Here are three of the world's great retailers - selling affordable goods to the public the world over - and yet, retail sales alone is not enough for any of them. All three have now taken major moves into fintech and digital banking.

The roar of retail was amplified and crescendoed by emerging and established fintech long before it caught hedge fund managers in a short squeeze, according to a recent report from DriveWealth.

Bitcoin IS in the news and probably everyone knows roughly where the price is, too (the ones that don't probably DO know all Tom Brady's career statistics, though).

In the United States fintech wealth management space, it’s easy to forget about our neighbors to the north, but recent expansion in America among certain Canada-based firms are starting to get more attention.

The $5.3 billion deal between Visa and Plaid collapsed due to a government antitrust lawsuit. The U.S. Justice Department called Visa a "monopolist in online debit transactions."

Walmart issued a late day press release on Monday, 1/11/21, in tandem with Ribbit Capital, that the two firms were announcing the creation - or should I say co-creation - of a new fintech start up. The new firm, which is yet unnamed (the fintech formerly known as symbol?), will be "designed to develop and offer modern, innovative and affordable financial solutions", according to the announcement.

London-based Computerweekly.com is reporting that fintech- and payment-sector related jobs bounced back significantly after a brief drop-off after the initial Covid 19 lockdowns.