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Top News In Fintech And Beyond For June 16, 2022
Wednesday, June 15, 2022 - 7:10pm | 3549👉 Top Things To Know In TradeFi: WonderFi listing on Canada’s TSX (OTC: WONDF) Banks tap Finteum for swaps, repo tZERO is appointing new directors (OTC: TZROP) SIX partnered w/Urgentem on data Wealthsimple to cut workforce 13%...
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Retail Sales Comes In Weaker Than Expected And Even Worse When Accounting For Inflation
Wednesday, June 15, 2022 - 11:19am | 1913(Wednesday Market Open) Equity index futures were trading higher before the market open and ahead of today’s Fed rate decision. Up until last Friday’s Consumer Price Index (CPI) report, the Fed was expected to raise the overnight rate 50 basis points, but now much of the market is...
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Top News In Fintech And Beyond For June 14, 2022
Monday, June 13, 2022 - 7:29pm | 1556👉 Top Things To Know In TradeFi: FlowBank hones crypto trade offer INX launching a crypto trading app Crypto.com aims to lay off workers Virtu CEO on end to zero-fee trade (NASDAQ: VIRT) Schwab to settle over robo-advisor (NYSE: SCHW)...
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Top News In Fintech And Beyond For June 13, 2022
Sunday, June 12, 2022 - 12:06pm | 2345🏆 The Fintech Awards Are Upon Us: Benzinga is bringing back its annual Global Fintech Awards event this December. To participate in the biggest recognition of disruptive innovation in finance, please visit bzawards.com to learn more. Questions? Contact events@benzinga.com. PS: Want to make...
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Morning Brief: Top Financial Stories Dominating on Friday, June 10
Friday, June 10, 2022 - 8:03am | 2527Reuters Rebranded McDonald’s Restaurants To Reopen In Russia Russia’s fast-food scene is in for a huge overhaul as former McDonald’s Corp (NYSE: MCD) restaurants are set to reopen under new branding and ownership. The fast-food restaurant chain was opened about three decades...
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Why This Wedbush Analyst Says PayPal Is A Better Payments Play Than Block
Wednesday, June 8, 2022 - 4:25pm | 658The high-growth technology sector, which is attempting to make a comeback, includes several companies in the IT/services payment industry. Moshe Katri, managing director of equity research at Wedbush, joined "PreMarket Prep Plus" on Wednesday to discuss the prospects for a few...
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Top News In Fintech And Beyond For June 9, 2022
Wednesday, June 8, 2022 - 4:17pm | 2095👉 Top Things To Know In TradeFi: DTCC outlines technology principle Instinet acquiring FIS algo business CMC taps TrueLayer for technology BUX launches investing app in Italy Clear Street wants funds for growth RQD & Valuable Capital...
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Top News In Fintech And Beyond For May 26, 2022
Wednesday, May 25, 2022 - 7:22pm | 2428👉 Top Things To Know In TradeFi: IBKR now available on TradingView (NASDAQ: IBKR) CME & FTX executives duked it out (NASDAQ: CME) CFTC roundtable on FTX proposals LiquidityBook hiring on new leaders Webull’s CEO discussing his...
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Mastercard VP Draws Parallels Between Mass Crypto Adoption And Evolution Of Internet For Amazon To Work
Wednesday, May 25, 2022 - 10:45am | 268Mass adoption of blockchain technology and digital assets will happen sooner rather than later, as per Mastercard Inc (NYSE: MA) VP Harold Bossé, the TechCrunch reports. "Think about the advent of the internet; no one was thinking that Amazon.com Inc (NASDAQ:...
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Wells Fargo Lists Its Picks In the Fintech Universe - See Which Stocks Made the Cut
Tuesday, May 24, 2022 - 4:02pm | 437Wells Fargo analyst Jeff Cantwell's top five fintech companies were WEX Inc (NYSE: WEX), FleetCor Technologies, Inc (NYSE: FLT), Fidelity National Information Services, Inc (NYSE: FIS), Fiserv, Inc (NASDAQ: FISV) and Global Payments Inc (...
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Mastercard Launches Biometric Payments Program In Stores To Compete With Amazon; Explores Using Metaverse, AR Headsets For Purchases
Tuesday, May 17, 2022 - 12:40pm | 318Mastercard Inc (NYSE: MA) launched a controversial biometric payments program in stores to keep pace with bigger competitors like Amazon.com Inc (NASDAQ: AMZN), the Financial Times reports. Facial recognition technology faced flak from civil rights groups about data storage and...
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Here's How Analysts Responded To Mastercard's Q1
Friday, April 29, 2022 - 3:16pm | 445Analysts maintained their conviction on Mastercard Incorporated (NYSE: MA) post Q1 results. Despite Mastercard's 1Q22 10% broad-based beat, Barclays analyst James Fotheringham lowered estimates marginally (by as much as 2%) due to revenue headwinds expected from exiting...
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10 Biggest Price Target Changes For Friday
Friday, April 29, 2022 - 7:52am | 418Morgan Stanley lowered Apple Inc. (NASDAQ: AAPL) price target from $210 to $195. Apple shares fell 2.6% to $159.25 in pre-market trading. Citigroup raised the price target for McDonald's Corporation (NYSE: MCD) from $270 to $273. McDonald's shares fell 0.3% to $253.45 in pre-market...
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Mastercard Q1 Earnings Beat Street View As Travel Spending Rebounds
Thursday, April 28, 2022 - 11:42am | 333Mastercard Incorporated (NYSE: MA) has reported Q1 sales of $5.2 billion, up 24% (28% currency-neutral), beating the consensus of $4.91 billion. Gross dollar volume increased 17%, on a local currency basis, to $1.9 trillion. Cross-border volume growth of 53% on a local currency...
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Read Barclays' Take On Visa, Mastercard, PayPal Amid Present Macro Environment
Thursday, April 14, 2022 - 12:11pm | 407Barclays analyst sess a modest deceleration in Q1 card-present spending and mixed global online volume growth (both on a 2019 CAGR basis). Despite the slowdown, it believes that the card spending environment remains healthy, which should be a plus for networks/acquirers/processors....