Car Repos Hit Levels Unseen Since 2008 Financial Crisis
Automotive repossessions reportedly jumped last year to the highest level in 15 years.
Around 1.73 million cars were seized by lenders during 2024, Bloomberg News reported Wednesday (March 26), citing...
Robinhood Offers Retail Investors Wealth Management Services
Robinhood has launched a wealth management service targeting its less-wealthy clients.
The financial services company on Thursday (March 27) unveiled “Robinhood Strategies,” a wealth management se...
CLEAR Partners with Fintech Stripe to Power Billing and Payments
Stripe, the financial infrastructure platform for businesses, announced that CLEAR—an identity verification platform trusted by over 30 million customers—is moving its payments and billing to Stri...
Block’s Layoffs Signal Broader Fintech Industry Challenges
Block (NYSE: XYZ), the fintech co-founded by Jack Dorsey, announced a significant workforce reduction, laying off 931 employees—approximately 8% of its total staff. Known for its subsidiaries Squar...
