Wise Group shares tank after U.S. bank charter rejected. What’s next for the fintech.
Wise Group shares fell as much as 11% on Friday as the U.K.-headquartered, U.S.-listed fintech had its application for a national bank charter denied.
Wise Group shares fell as much as 11% on Friday as the U.K.-headquartered, U.S.-listed fintech had its application for a national bank charter denied.
Thursday’s price action saw cotton futures pull back, closing down 40 to 47 points in the nearbys. Crude oil prices were down 77 cents so far on the day, with the US dollar index up $0.400 to $99.835. Export Sales data indicated a total of 141,428 RB of cotton sold in the week that ended…
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India Inc.’s first-quarter (Q1 FY27) earnings season is set to gather pace this week, with more than 250 companies scheduled to announce their April-June quarter results between July 20 and July 25, according to the BSE earnings calendar. Several heavyweight companies across banking, information technology, automobiles, FMCG, pharmaceuticals, energy and infrastructure will report their June…
Visa announced the launch of the Visa Stablecoin Platform (VSP) on Thursday, a new platform it said is designed to help financial institutions, fintechs and crypto natives access stablecoin capabilities through a single Visa-managed environment. Building on Visa’s broader crypto strategy, VSP is said to give financial institutions, fintechs and other payment providers a way…
Base44 launched its own AI model to edge out competitors like Lovable, Replit, and Cursor. Maor Shlomo, the founder and CEO of Base44, told Business Insider that part of the reason the San Francisco-headquartered vibe-coding startup trained its own LLM was to reduce the AI-slop look that has come to define vibe-coded products. Design gurus…
Something fundamental is changing about who decides how organizations pay their suppliers. For years, payments automation was evaluated primarily by finance leaders focused on efficiency gains, cost savings and reduced manual workloads. Embedded payment technologies have accelerated that transformation. But as payment capabilities become more deeply embedded in enterprise systems, a new set of voices…