FinTech

Financial technology, often shortened to fintech, is the technology and innovation that aims to compete with traditional financial methods in the delivery of financial services. It is an emerging industry that uses technology to improve activities in finance.

Revolut User Base Grows Alongside Auditor Warnings
Revolut User Base Grows Alongside Auditor Warnings
March 01, 2023  |  Digital Banking

All-in-one FinTech platform Revolut’s first full year of profit is now coming under question. This, as the company’s auditor BDO LLP warned that Revolut’s 2021...

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Time, Investment and Creative Thinking Needed to Accelerate UK and EU Open Banking Adoption
Time, Investment and Creative Thinking Needed to Accelerate UK and EU Open Banking Adoption
March 01, 2023  |  Digital-First Banking

Five years after open banking became a regulatory requirement, the U.K. now claims 7 million active users. That figure, representing less than 20% of the...

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Despite Embedded Finance’s Promise, Slowing BNPL Growth Sends Marqeta Shares Plummeting 
Despite Embedded Finance’s Promise, Slowing BNPL Growth Sends Marqeta Shares Plummeting 
February 28, 2023  |  Earnings

Slowing buy now, pay later (BNPL) volumes and customers’ belt tightening helped send Marqeta’s shares down sharply Tuesday after earnings. By the numbers, the card...

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Payoneer CEO Says B2B Product Is Powering Platform Growth
Payoneer CEO Says B2B Product Is Powering Platform Growth
February 28, 2023  |  B2B Payments

Cross-border expansion is crucial to business growth goals, even for those FinTechs supporting international transactions. This, as Payoneer Global executives told investors on the company’s...

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Greenlight Debuts Financial Literacy Employee Benefit Tool
Greenlight Debuts Financial Literacy Employee Benefit Tool
February 28, 2023  |  Financial Inclusion

Family-centric FinTech Greenlight has debuted its first employer-centric financial literacy tool. The company announced in a Tuesday (Feb. 28) press release that it is making...

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Unpacking the Ying and Yang of Modern Fraud Tools
Unpacking the Ying and Yang of Modern Fraud Tools
February 28, 2023  |  Security & Fraud

As attractive as new technology and digital tools appear, they also have a darker side. “There’s a bit of Ying and Yang,” Gerhard Oosthuizen, chief...

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AI Becomes the Human-Machine Bridge That Makes Payments Safe and Smart
AI Becomes the Human-Machine Bridge That Makes Payments Safe and Smart
February 28, 2023  |  Artificial Intelligence

As the world buzzes about ChatGPT, the payments and financial sectors are already sizing up advanced new artificial intelligence (AI) tools relating to how they...

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PSCU CEO Says 2023 Is the Year of Data-Driven Consumer Experience
PSCU CEO Says 2023 Is the Year of Data-Driven Consumer Experience
February 28, 2023  |  Opinion

Now is the time for financial institutions to evolve by facilitating seamless experiences across multiple channels to meet consumers’ changing expectations, PSCU President and CEO...

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Financial Health Finds New Followers in 16% of High-Earners Struggling to Pay Bills
Financial Health Finds New Followers in 16% of High-Earners Struggling to Pay Bills
February 27, 2023  |  Consumer Finance

Consumers whose annual incomes exceed $100,000 are hardly skating through current economic conditions. In fact, data shows that as of December, 16% of high-income consumers...

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