Fintech

The COVID-19 pandemic is unprecedented and has had an effect on every country in the world as well as every aspect of life.  The financial world is no different. While major exchanges like the New York Stock Exchange and Nasdaq were forced to close their trading floors for a few weeks, trading...

Detroit-based Rocket Companies Inc (NYSE: RKT), the parent company of mortgage lender Quicken Loans, made its debut as a public company Thursday. Founder Dan Gilbert and CEO Jay Farner were interviewed on CNBC about the listing and the broader mortgage market. Gilbert On IPO Timing:...

Tilray Inc. (NASDAQ: TLRY) is withdrawing a small quantity of medical cannabis in Germany, citing an issue with one of its oil. A spokeswoman for the cannabis cultivator told Marijuana Business Daily that the recall was due to "slightly lower than...

On Wednesday evening, Detroit-based Rocket Companies (NYSE: RKT), home to Quicken Loans, the nation's largest retail mortgage lender, priced its 100-million share IPO offering at $18 per share. This would value the company at about $36 billion. The stock is expected to make its NYSE debut on...

Phishing emails could be described as the pestilent occurrence of the modern workforce. As we ditched the typewriter for the computer, and faxes for emails, one unexpected (yet always prevalent) consequence, was spam. According to Verizon’s 2019 Data Breach Report, 32% of data breaches in the...

Square Inc (NYSE: SQ) beat analyst expectations in its second-quarter earnings report Tuesday, as its mobile payment service Cash App netted significant profit, including from Bitcoin. Q2 Earnings: The Jack Dorsey-led company reported an adjusted earnings per share of 18 cents in Q2, down from...

Signal Advisors, an end-to-end financial advisory solution provider, formally announced the launch of a platform that pays annuity commissions in one day. What Happened? Detroit-based Signal Advisors' core product portfolio includes licensing and contracting, new business submission, case...

World Fintech Day, which came and went on Aug. 1, remembers Cosimo Medici, the Renaissance Italian who is largely considered to be the father of modern banking. Today, financial services look to the future as buzzword concepts such as “digitalization” and “machine...

Senmmiao Technologies (NASDAQ: AIHS) shares are trading higher on Monday after the company announced a strategic cooperation deal with a large auto dealer to expand access to electric vehicles. Senmiao Technology is engaged in automobile transaction and related services comprised of facilitation of...