A bevy of bank technology companies reported higher quarterly earnings, news that helped support their stocks in the face of an overall market downturn last week.

The mostly positive earnings reports from financial technology companies came in the midst of a general market slide sparked by Congressional testimony from Federal Reserve Chairman Alan Greenspan, who hinted at the possibility of the central bank increasing interest rates again later this year.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.