financial services

Robinhood Markets Inc (NASDAQ: HOOD) was falling more than 6% lower on Tuesday in sympathy with both the general markets and the wider cryptocurrency sector, where the S&P 500 was declining about 0.8% and Bitcoin (CRYPTO: BTC) was retracing about 1.3%, respectively. The drop on...

Dutch financial services behemoth ING Groep NV (NYSE: ING) is considering launching its own decentralized finance (DeFi) lending services. What Happened: ING Chief Innovation Officer Annerie Vreugdenhil said during the Singapore Fintech Festival that the firm is working on...

SoFi Technologies Inc (NASDAQ: SOFI) is known for helping consumers get their money in order, and over the past three months, the stock has only helped. In fact, SoFi stock’s three-month return has outperformed a number of the world’s most popular retail investor stocks: AMC...

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week we posed the following question to more than 2,000 Benzinga visitors about popular e-commerce...

Hartford Financial Services Group Inc’s (NYSE: HIG) fundamentals are sufficiently strong to support potential upside, according to BofA Securities, especially with better-than-expected growth in commercial property and casualty insurance in the second quarter and higher-than-...

June just started and the month is already looking busy for SPAC merger votes. What Happened: After mergers for SoFi Technologies Inc (NASDAQ: SOFI) and Barkbox (NYSE: BARK) were approved in late May, investors are now turning to a new month of SPAC mergers. Several of the recently completed...

Futu Holdings Ltd (NASDAQ: FUTU) provides a comprehensive online financial services platform that is expanding to capture investment demand from more countries, according to BofA Securities. The Futu Holdings Analyst: Emma Xu initiated coverage of Futu Holdings with a Buy rating and a price target...

In recent months, cryptocurrency leaders have cast legitimacy and staying power of crypto as an asset class. Financial services companies such as PayPal Inc (NASDAQ: PYPL) and Visa Inc (NYSE: V) have even gone as far as to adopt cryptocurrency as a payment method over the last year.  With all...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. The idea of non-banks encroaching into financial services is not new. Beginning in the 20th century, many consumer-facing companies...

Executives gathered at the BiTA Symposium Chicago to share the opportunities and bottlenecks of blockchain, as well as provide perspectives on smart contracts, supply chain visibility, and maintaining Blockchain in Transport Alliance (BiTA) standards.  "The first smart contract happened in 1989,"...

A regional diversified financial services company is part of the IPO slate this week. With the Fed reverting to monetary policy easing, it is prudent to look outside of pure-play bank stocks to defend against the net interest margin squeeze experienced by banks? Here's a look at the new equity...

Challenger banks are continuing to disrupt the competitive landscape in the financial services sector. They are small retail banks that have been set up with the intention of competing for business from large, long-established national banks. In the United Kingdom, challenger banks like Monzo...

Visa Inc (NYSE: V) reported fiscal third-quarter results that came in better than expected while multiple underlying performance metrics accelerated. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts KeyBanc Capital Markets' Josh Beck maintains...

OpenFin, a maker of operating system products for the field of finance, said Thursday it raised $17 million in Series C funding led by Wells Fargo (NYSE: WFC) with participation from Barclays (NYSE: BCS) and existing investors, including Bain Capital Ventures. What Happened OpenFin's...

Hancock Whitney Bank parent company Hancock Whitney Corp (NASDAQ: HWC) and MidSouth Bancorp, Inc. (NYSE: MSL), the parent company of MidSouth Bank, announced a merger agreement Tuesday for MidSouth to merge into Hancock Whitney.   What Happened The stock...