The success of spot price Bitcoin exchange-traded funds in 2024 has helped spawn some new creative spinoffs. These proposed hybrid ETFs aim to further integrate Bitcoin into traditional finance to the next level by combining it with established assets like Nasdaq stocks, gold, and corporate bonds tied to Bitcoin-focused companies like MicroStrategy. ProShares proposed three […]
As the FinTech industry marches into 2025, its trajectory is shaped by a convergence of innovation, consumer expectations, and regulatory frameworks. Insights from key voices at payabl., along with global trends, paint a dynamic picture of the year ahead. From embedded finance to artificial intelligence (AI), these forces are set to redefine the way businesses and […]
The financial technology, or fintech, industry was one of the hardest hit parts of the stock market in the post-pandemic bear market, but there are still some excellent opportunities. PayPal (NASDAQ: PYPL) is one great example with a stock price that is still about 70% below its 2021 peak and excellent turnaround progress in 2024, while SoFi (NASDAQ: SOFI) is an […]
The sun is setting on 2024, but the consequences of its many events will be felt around the world well into next year and beyond. This year, Israel’s war against Hamas in Gaza escalated and spilled over to Lebanon, where Israel waged a war on Hezbollah until a shaky ceasefire was agreed last month. In […]
Elon Musk has never been one to shy away from bold ventures, and his latest ambition might just blur the lines between social media and banking. With his recent appointment as the Minister of Government Efficiency in a prospective Trump administration, Musk appears poised to leverage his influence and experience to transform X—formerly known as […]
Michigan made is something to be proud of, but with a new administration coming into play at the White House next year questions about the financial outlook for 2025 continue to pop up. This comes as President Elect Donald Trump Tariff policy continues to loom over the economic future of the country. Trump announced back […]
Mortgage rates rose again this week to end the year slightly higher than where they began. The average 30-year fixed-rate mortgage rate was 6.85% for the week through Wednesday, according to Freddie Mac data. That’s up from 6.72% a week earlier. Average 15-year mortgage rates rose to 6% from 5.92%. “Mortgage rates increased for the […]
British shoppers risk starting the New Year with a debt time-bomb after spending a record £3.4 billion using the buy now, pay later (BNPL) type of credit over the festive period. New figures showed that more consumers than ever have turned to the unregulated form of credit to fund Christmas this year. Despite Labour’s vow […]
The Mega Millions’ estimated $1.22 billion jackpot was won in Friday night’s drawing, with the winning ticket purchased in California. The winning numbers drawn on Tuesday were 3, 7, 37, 49, 55 with a gold Mega Ball of 6. The Megaplier was 3X. The grand prize in Friday’s drawing was the fifth-largest prize in the […]
Heading into the holidays, many Americans were already saddled with record-breaking credit card debt. And yet, consumer spending is set to reach a fresh high this season. The National Retail Federation reported last week that spending between Nov. 1 and Dec. 31 is “clearly on track” to reach a record, between $979.5 billion and $989 […]
Mastercard has announced a partnership with Dgpays, a financial technology provider, to advance the adoption of digital payment solutions for consumers and businesses across Eastern Europe, the Middle East, and Africa (EEMEA). As part of the partnership, Mastercard and Dgpays will co-develop advanced payment technologies and loyalty solutions tailored to the unique needs of markets […]
The onchain payments facility comes from Flexa, a company which builds commerce tools to make it easy for companies of all sizes, from small businesses to mainstream retailers, to accept crypto. To promote the offering, Regal will offer US moviegoers a 10% discount on tickets and concessions when they pay onchain in person with USDC […]
