Synapse is as a middle-man between customer-facing fintech brands and FDIC-backed banks, but it’s had disagreements about how much in customer balances it owed.
Category: Finance News
Stocks making the biggest moves midday: Target, Urban Outfitters, Tesla, Shopify and more
These are some of the stocks posting the largest moves in midday trading.
Stocks making the biggest moves premarket: Target, Lululemon, Shopify and more
These are some of the stocks posting the largest moves in premarket trading.
CFPB says buy now, pay later firms must comply with U.S. credit card laws
The buy now, pay later market is dominated by fintech firms like Affirm, Klarna and PayPal.
Fed officials seem like they have ‘no idea’ what is going on with U.S. inflation, strategist says
Federal Reserve officials appear to have “no idea” what is happening when it comes to the inflation picture in the U.S., GAM’s Julian Howard told CNBC.
DocuSign chief says company wants to stay public after reports of private equity takeover interest
DocuSign CEO Allan Thygesen said the online contract-signing platform is committed to staying public after rumored takeover interest from private equity firms.
Citi fined $79 million by British regulators over fat-finger trading and control errors
British regulators on Wednesday dished out a combined £61.6 million ($79 million) in fines to U.S. investment bank Citi for failings in its trading systems and controls.
UK inflation comes in hotter than expected, slashing June rate cut bets
The Office for National Statistics released inflation figures for April on Wednesday.
Chinese EV company Xpeng shares surge 13% after forecasting growth in car deliveries
Chinese electric car company Xpeng saw its shares soar after reporting an improvement in profit margin and an upbeat outlook for second-quarter deliveries.
Stocks making the biggest moves after hours: Urban Outfitters, Viasat, Toll Brothers and more
See which stocks are posting big moves after the bell.