T. Rowe Price Q1 profit falls amid fund outflows, misses revenue estimates - published 02 May 2025 #WallStreet #management #price #Tech #FinTech
https://grafa.com/news/fintech-t--rowe-price-q1-profit-falls-amid-fund-outflows--misses-revenue-estimates-426525?utm_source=us_news_en&utm_medium=mastodon&utm_campaign=426525
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SPAC Backed by Anthony Pompliano and Brent Saunders Files for IPO - Anthony Pompliano’s blank-check firm, Procap Acquisition Corp., has filed with the... - https://news.bitcoin.com/spac-backed-by-anthony-pompliano-and-brent-saunders-files-for-ipo/ #companies #fintech #news
Persistence pays off for an Indiana community bank
The $2.4 billion-asset company's retooled SBA lending subsidiary just posted its best three-month performance since the spring of 2022
https://www.americanbanker.com/news/persistence-pays-off-for-an-indiana-community-bank
How FirstBank cures burnout within its security teams
https://www.americanbanker.com/news/how-firstbank-cures-burnout-within-its-security-teams
Why adding #BaaS partners is no easy task for fintechs
There are more fintechs that require a sponsor bank than there are sponsor banks to support that need
https://www.americanbanker.com/news/why-adding-baas-partners-is-no-easy-task-for-fintechs
The ‘joiner’ era of bank M&A has begun
In less than two weeks since the Capital One-Discover deal received sign-off, Columbia, Eastern and Cadence Bank have all announced deals. So have a host of smaller institutions.
How #Stablecoins shake up the financial 'super app' battle
PayPal and Circle, two U.S. firms that are trying to build what are called financial super apps, are making stablecoins a major piece of how users link to other functions
Bankers pessimistic about economy due to tariffs, rate risks
Nearly three-quarters of bankers believe the U.S. is either already in a recession or will enter one within the next year
https://www.americanbanker.com/news/bankers-pessimistic-about-economy-due-to-tariffs-rate-risks
https://www.europesays.com/2041792/ VC Funding for Retail FinTech Market Drops 38% Amid Tariffs #business #Economy #etoro #fintech #funding #Inflation #investments #IPOs #Klarna #markets #News #PYMNTSNews #retail #startups #tariffs #taxes #What'sHot
Citizens CFO heads to State Street
Brendan Coughlin, meanwhile, was named Citizens’ president. John Woods’ exit from the bank appears to solidify Coughlin’s status as a potential CEO successor.
Big banks ramp up #AI hiring as gains materialize
JPMorgan Chase, Wells Fargo and Citi led the talent recruitment charge over the last six months, according to Evident Insights research.
https://www.ciodive.com/news/banks-ramp-up-ai-hiring-roi-efficiency-gains-evident-insights/746673/
PayPal targets European branded service growth
The payments pioneer is betting #BNPL and a better app experience will trigger growth in Germany and the U.K., its biggest European markets.
https://www.paymentsdive.com/news/paypal-branded-european-payments-service-growth-earnings/746682/
Challenges fintechs face when they become banks
Challenges a fintech could face as it becomes a bank include regulatory concerns, scaling for multiple product offerings and adjusting core business models
https://www.americanbanker.com/news/challenges-fintechs-face-when-they-become-banks
LendingClub's profits get hit by macroeconomic uncertainty
In the first three months of 2025, net income for the San Francisco-based lender was $11.7 million, below analysts' average estimates
https://www.americanbanker.com/news/lendingclubs-profits-get-hit-by-macroeconomic-uncertainty
Mastercard invests $300M in Corpay unit
The card network invested in the cross-border business of its corporate payments partner as the companies agreed to expand their partnership.
https://www.paymentsdive.com/news/mastercard-corpay-investment-cross-border-b2b-payments/746699/
Fannie Mae earnings fall as Pulte pledges turnaround
A credit-loss provision drove Fannie Mae's earnings to the low-end of the range they've been in for the past decade
https://www.nationalmortgagenews.com/news/fannie-mae-earnings-fall-as-pulte-pledges-turnaround
