ASX BNPL stocks Openpay Group [ASX:OPY] and Sezzle Inc [ASX:SZL] both fell on Tuesday after releasing trading updates.
Fintech News: Exploring Innovations in Financial Technology
Fintech – short for financial – is a broad term applied to firms that combine innovative business models and technology to disrupt traditional financial services.
Australia has positioned itself as one of the sector’s hubs, with over 800 fintech companies based here.
While cash is trending down, electronic payments are trending up. Debit payments, especially, are the preferred option to credit.
The smallest of the Big Four banks, Australia and New Zealand Banking Group [ASX:ANZ], is having a rough patch today.
As the name suggests, an adoption curve is the process by which a new technology is taken up by the public at large.
Online fashion retailer Cettire (ASX:CTT) is getting rinsed on the ASX boards today. The small-cap is trading 21.36% lower at the time of writing. It’s enduring a massive sell-off as investors revolt against the company’s latest earnings.
Small-cap quantum computing stock Archer Materials [ASX:AXE] has made quite the discovery, it seems. The tiny tech stock has told investors today that it has detected quantum information at room temperature.