Fintech News

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 15 classes of notes issued by Pagaya AI Debt Grantor Trust 2026-1 & Pagaya AI Debt Trust 2026-1 (collectively “PAID 2026-1”), an unsecured consumer loan ABS transaction. PAID 2026-1 has initial hard credit enhancement levels of 84.86% for the Class A-1 Notes to 2.33% for the Class F-2 Notes. Credit enhancement is comprised of overcollateralization, subordination (except for the Class F-2 Notes), cash reserve accounts funded at c...

PRINCETON, N.J.--(BUSINESS WIRE)--Zycus, a global provider in Source-to-Pay (S2P) technology, today announced that it has been recognized as a Leader in the 2026 Gartner® Magic Quadrant™ for Source-to-Pay Suites. We believe the report points to Zycus’ continued investment in Merlin Intake to streamline user experience and Agentic AI to support workflows such as tail-spend management via autonomous negotiation. This aligns with Zycus’ “Intake to Outcomes” (I2O) belief: simplify how work enters p...

SINGAPORE & NOIDA, India--(BUSINESS WIRE)--HCLTech today announced that it has signed a definitive agreement to acquire Finergic Solutions Pte Ltd....

BURLINGTON, Mass.--(BUSINESS WIRE)--The New England Automated Clearing House Association (NEACH) today announced a strategic partnership with Braid to launch the Fintech Integration Leadership Series, a national education program that provides financial institutions with the practical framework needed to evaluate, launch, and scale FI-hosted fintech and embedded payments programs responsibly and effectively. The program will debut in March 2026. The series is designed to support both institutio...

SAN FRANCISCO--(BUSINESS WIRE)--Affirm Holdings, Inc. (NASDAQ: AFRM) (“Affirm” or the “Company”) today announced that it has submitted applications to the Nevada Financial Institutions Division and the Federal Deposit Insurance Corporation (“FDIC”) to establish Affirm Bank, a proposed Nevada-chartered industrial loan company. The proposed bank subsidiary would enable Affirm to continue scaling responsibly while having an FDIC-insured institution. This would help Affirm expand access to honest f...

DENVER--(BUSINESS WIRE)--The Western Union Company (NYSE: WU) announced today that Chief Executive Officer, Devin McGranahan, and Chief Financial Officer, Matt Cagwin, will host a webcast and conference call to discuss fourth quarter and full year 2025 results on February 20, 2026, at 8:30 a.m. ET. A press release highlighting the financial results will be issued before the call. The webcast and presentation will be available at https://ir.westernunion.com. A replay of the webcast will be avail...

FOSTER CITY, Calif.--(BUSINESS WIRE)--QuinStreet, Inc. (Nasdaq: QNST), a leader in performance marketplaces and technologies for the financial services and home services industries, today announced it will report financial results for its fiscal second quarter ended December 31, 2025 after the market closes on Thursday, February 5, 2026. On that day, management will hold a conference call and webcast at 2:00 PM PT to review and discuss the company’s results. What: QuinStreet Second Quarter 2026...

WINDSOR, Conn.--(BUSINESS WIRE)--SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the SS&C GlobeOp Forward Redemption Indicator for January 2026 measured 1.46%, down from 2.35% in December. "SS&C GlobeOp's Forward Redemption Indicator for January 2026 was 1.46%, marking the lowest monthly redemption notice in the past five years," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "Amid ongoing potential trade escalations, tariff threats, an...

NEW YORK & LONDON & HONG KONG--(BUSINESS WIRE)--Options Technology (Options), a leading provider of high-performance infrastructure for the global financial services industry, today announced the deployment of its new liquid-cooled high-density cage in NY5, Equinix’s International Business Exchange™ (IBX) data center in Secaucus, New Jersey. This deployment positions Options at the forefront of delivering liquid-cooled colocation solutions to financial services clients. As demands on compute co...

MILAN--(BUSINESS WIRE)--Tinaba with Banca Profilo announces launch of digital payments in the Chinese mainland through the extension of its strategic partnership with Alipay+...