On Thursday, ServiceTitan, a company that provides financial and customer management software for trade businesses, made a splash in the stock market. Its shares started at $71 but quickly rose to $105, and they're still hovering above $100. Does this mean the IPO floodgates are about to open for tech companies? Not so fast. ServiceTitan had a pressing reason to go p...
Monday is shaping up to be an interesting day in the stock market. Let's dive into some key things to watch. Black Friday spending was a bit higher than expected, with a 3. 4% overall increase and a significant 14. 6% boost in online shopping. This is great news for companies like Square, which powers online payments. Analysts at Bernstein are big fans of Square, exp...
Sidepit, a fintech startup from Berkeley, California, has just secured pre-seed funding. This investment will help the company develop a game-changing trading platform. The star of the show is Sidepit's patented Decentralized Limit Order Book (DLOB) technology. This clever tool aims to make trading fairer. It'll stop hidden market manipulation, which is a problem in ...
Starling Bank, a digital bank backed by Goldman Sachs and once considered one of the UK's most promising startups, has recently been fined £29 million by the Financial Conduct Authority (FCA). The fine was imposed due to the bank's failure in preventing financial crimes such as money laundering and terrorist financing. Starling admitted it didn't keep up with its rap...
Fiserv has been at the forefront of revolutionizing the financial services industry, leveraging its robust fintech offerings to drive growth and innovation. The company's recent Fiserv Forum 2024 event highlighted its commitment to integrating cutting-edge products and solutions, solidifying analyst confidence in its strategic direction. This transformation can be at...
You might have heard about Starling Bank getting a hefty fine. The Financial Conduct Authority (FCA) slapped them with a £29 million penalty for not doing enough to stop money laundering. It's not just about one bank though—this problem runs deeper into the fintech industry. Starling messed up big time, letting 54,000 high-risk customers open accounts even after bei...
Donald Trump, the former President of the United States, has made a significant shift in his stance on cryptocurrency. Gone are the days when he described it as "highly volatile and based on thin air." Today, Trump is set to launch his own cryptocurrency platform, dubbed World Liberty Financial, which will be run by his sons, Donald Trump Jr. and Eric Trump. The pla...
When it comes to breaking into the world of finance, having the right skills can make all the difference. And when it comes to programming languages, there are a few that stand out as essential for success. In this article, we'll explore three programming languages that can help you land a job in finance: SQL, Python, and Java. But before we dive into the details, l...
Goldman Sachs is set to take a $400 million pre-tax hit in the third quarter due to the unwinding of its General Motors credit card platform and the sale of real estate loans. The bank is in talks to hand over its GM credit card business to Barclays, a deal that would see the transfer of roughly $2 billion in card balances. Goldman's foray into consumer banking has...
Imagine a world where startups revolutionize industries, disrupt traditional business models, and create new opportunities. Cryptocurrencies and fintech are making waves, with startups creating new payment systems and revolutionizing the way we handle our finances. Artificial intelligence is no longer a newcomer to the tech world, but it's still an unstoppable force....