Financial News

Visa and Mastercard dominate in payments, but one's stronger financials and dividend growth give it a slight edge.

Cryptocurrency prices broke down over the past week as Bitcoin (CRYPTO: $BTC) ended May down 4% on the month. ...

Market commentator The Kobeissi Letter spotlighted on Wednesday a sharp spike in cryptocurrency card payments, linking it to increased stablecoin adoption. Cumulative Card Volume Nearing $8 Billion Kobeissi Letter drew attention to cumulative payment volumes reaching $7.8 billion as of...

The credit card leaders will be fine, but the digital payments leader could be in trouble.

SoFi Technologies (NASDAQ:SOFI) stock is ripping in early Friday trading, up 12% to around $19, as investors react to the company’s push into bank-issued stablecoins. The pop builds on a fintech bounce that started earlier this week. The rally is extending across SoFi’s peers. Robinhood Markets (NASDAQ:HOOD) stock is ticking up another 1% to approximately ... SoFi Technologies Surges 12% on Stablecoin Launch; Robinhood, Upstart Extend Fintech Bounce

AI-generated scam stores are becoming harder to detect as fraudsters use fake reviews, deepfakes and convincing ecommerce websites to target online shoppers.

Although Mastercard has underperformed its industry peers recently, analysts remain highly optimistic about the stock’s prospects.

Mastercard stock snapshot Mastercard (MA) is back on many watchlists after a recent pullback, with the stock down about 2% over the past month and roughly 12% year to date based on the latest closing price. See our latest analysis for Mastercard. Recent share price moves suggest momentum has cooled, with the stock down over the past quarter and year to date. However, the 3 year and 5 year total shareholder returns remain positive, pointing to a mixed picture for investors assessing risk and...

Scott Melker discusses the stablecoin market seeing traditional banks take the lead, $114T in assets to be tokenized on Stellar network by DTCC, and other big crypto headlines of the day. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Scott Melker discusses the latest push by big banks, including Mastercard (MA), SoFi (SOFI), and Block (XYZ), in the stablecoin arms race, which is accelerating quickly. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

MA's BitLicense win strengthens its push into stablecoins and blockchain-based payments infrastructure.

Project Lightwell will deploy more than 20,000 engineers and AI tools to identify and fix vulnerabilities across enterprise software supply chains

Paxos has secured a U.S. market-structure approval for its blockchain settlement business, giving one of crypto&rsq...

Rock-bottom prices don’t always mean rock-bottom businesses. The stocks we’re examining today have all touched their 52-week lows, creating a classic investor’s dilemma: bargain opportunity or value trap?

V expands its commercial payments push with AI-driven AR tools that simplify virtual card adoption.

Mastercard (NYSE:MA) has received a BitLicense from New York State. The approval allows the company to engage in regulated digital asset and crypto activities under New York's rules. The BitLicense is one of the more stringent U.S. regulatory regimes for crypto related businesses. For you as an investor, this approval signals that Mastercard is formally stepping into regulated blockchain based payments and settlement infrastructure. The company already runs global card and payment...

IBM is investing $5 billion and deploying more than 20,000 engineers to help secure open source software, according to an announcement shared first with Axios.

Find insight on Bank of Montreal, Bank of Nova Scotia, Mastercard and more in the latest Market Talks covering Financial Services.

Users will now be able to buy, sell, hold, and convert their SoFiUSD holdings to U.S. dollars directly in the SoFi app, the company announces.

AXP expands fintech reach with a new business card for interior designers, offering flexible payment tools tailored to project-based cash flows.

It hasn't abandoned finance; just a specific type of finance company.

V expands B2B payments with PingPong, enabling cross-border supplier payouts via commercial cards across 170+ countries.

Mastercard has secured a highly coveted BitLicense in New York, anchoring its compliance-first strategy for stablecoins on Wall Street.

Credit card giant Mastercard (NYSE: $MA) has secured a BitLicense from the New York State Department of Financial S...

SoFi Technologies (NASDAQ: SOFI) has dominated retail trading feeds all year on the strength of a 30% revenue growth guide, a stablecoin launch, and a CEO who keeps buying his own stock. But here’s what you should actually be watching. SoFi trades as a battleground ticker right now. The stock is down 39.0% year to ... Forget SoFi: 3 Fintech Stocks With Less Drama

Taking humans out of purchases is likely to multiply transactions and thereby boost fees, chief financial officers of the card networks said.

Mastercard (NYSE:MA) is partnering with JD.com to expand payment infrastructure and co-develop AI powered commerce tools in China. The company is also rolling out new Amazon Business credit cards that run on the Mastercard network, with built in spend management and security features. Mastercard, trading at $493.01, is moving beyond headline earnings and focusing attention on where and how transactions happen. The stock has declined 12.5% year to date and 13.7% over the past year, and it...

Ed McLaughlin of Mastercard joins Ashley Mastronardi on NYSE Live to discuss firm's goal to 'Set the Stage for the Future'

In his first quarter as the new CEO of Berkshire Hathaway, Greg Abel made his presence felt. The new CEO, who replaced long time leader Warren Buffett, made multiple changes to the conglomerate's investment portfolio, including selling off stakes in...

Palantir recently became one of the worst mega-cap performers YTD, but can the AI company ride out the storm?