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.

72% of Financial Execs Think Customers Would Leave for Richer Receipt Experience
72% of Financial Execs Think Customers Would Leave for Richer Receipt Experience
February 21, 2023  |  Data

Even bleeding-edge firms face implementation issues integrating item-level receipt data into their operations. Research in the 2023 playbook “Meeting the Need for Item-Level Receipt Data:...

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Digital Platforms Bring Amazon Effect to Healthcare Payments and Providers
Digital Platforms Bring Amazon Effect to Healthcare Payments and Providers
February 21, 2023  |  Healthcare

It’s a jungle out there — of healthcare provider and insurance payer portals — and that’s a lot of trouble to go to when accessing...

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Lynx: Healthcare Payments Need to Work for Patients and Providers
Lynx: Healthcare Payments Need to Work for Patients and Providers
February 20, 2023  |  Opinion

Healthcare payments should be timely, seamless and doable to improve the experience for both consumers and providers, Lynx Co-Founder and Chief Information Officer Ken Abel...

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Revolut Claims Profitability as UK Banking License Hangs in Balance
Revolut Claims Profitability as UK Banking License Hangs in Balance
February 19, 2023  |  Digital Banking

British FinTech Revolut could be a step closer to getting its U.K. banking license. The company this week is expected to sign off on its...

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Startup Wise Guys Raises $27M to Invest in B2B Startups
Startup Wise Guys Raises $27M to Invest in B2B Startups
February 17, 2023  |  Startups

Startup Wise Guys has raised 25 million euros (about $27 million) to invest in startups. The Estonia-based global accelerator fund for B2B startups said in a post on...

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Checkout Friction Hampers In-Store Digital Wallet Adoption
Checkout Friction Hampers In-Store Digital Wallet Adoption
February 17, 2023  |  Payment Methods

The FinTech that makes digital wallets as convenient for in-store transactions as they are for online transactions may have a runaway winner on their hands....

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Vexi Raises $8M to Expand Access to Credit in Mexico
Vexi Raises $8M to Expand Access to Credit in Mexico
February 16, 2023  |  Financial Inclusion

Mexican neobank Vexi has raised $8 million in a Series A funding round. TechCrunch reported Thursday (Feb. 16) that the startup offers only a credit...

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Digital Bank Zopa Acquires BNPL Firm DivideBuy
Digital Bank Zopa Acquires BNPL Firm DivideBuy
February 16, 2023  |  Acquisitions

British neobank Zopa has found its first-ever acquisition in buy now, pay later firm DivideBuy. The deal, announced Thursday (Feb. 16) comes two weeks after...

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MTN to Invest $1B to Expand 5G Network in Ghana
MTN to Invest $1B to Expand 5G Network in Ghana
February 16, 2023  |  Investments

South Africa-based telecom MTN will reportedly invest $1 billion in Ghana. The investment — which is to be made over the next five years —...

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