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.

Saudi FinTech Hala Acquires Paymennt.com
Saudi FinTech Hala Acquires Paymennt.com
February 15, 2023  |  Acquisitions

Saudi FinTech Hala is expanding its payments offering with the purchase of Paymennt.com. The deal, announced in a Wednesday (Feb. 15) news release, will help...

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Visa and Tingo Debut Super App for Africa’s Farmers
Visa and Tingo Debut Super App for Africa’s Farmers
February 14, 2023  |  Financial Inclusion

Nigerian Agri-FinTech company Tingo has teamed with Visa to launch digital payment offerings in Africa. The partnership, announced in a Tuesday (Feb. 14) news release,...

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Data Entry Errors Cause Nearly as Many Payment Declines as Insufficient Funds
Data Entry Errors Cause Nearly as Many Payment Declines as Insufficient Funds
February 14, 2023  |  Digital Payments

Retailers can’t solve card declines caused by insufficient funds, but incorrectly entered pay information may be a more fixable problem. Merchants and retailers, especially in...

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Galileo on Why the Time for Real-Time Is Now
Galileo on Why the Time for Real-Time Is Now
February 14, 2023  |  Opinion

Real-time payments can transform banks that embrace it, says Mike Haney, head of digital core at Galileo Financial Technologies sister firm Technisys, in the new  PYMNTS eBook, “2023 Payments...

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Europe’s Challenger Banks Jostle For Under-18 Market Share
Europe’s Challenger Banks Jostle For Under-18 Market Share
February 13, 2023  |  Digital-First Banking

With more and more consumers embracing digital-first banks, the under-18 crowd presents the next generation of customers.  But digital banking products for minors have not...

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NatWest Pays $174M for UK Savings FinTech Cushon 
NatWest Pays $174M for UK Savings FinTech Cushon 
February 13, 2023  |  Acquisitions

One of the U.K.’s largest banks is expanding its workplace savings offerings. NatWest announced Monday (Feb. 13) it was acquiring Cushon, a British FinTech that provides...

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FIS Banks on Embedded Finance, Spinoff to Jump-Start Merchant Business Growth 
FIS Banks on Embedded Finance, Spinoff to Jump-Start Merchant Business Growth 
February 13, 2023  |  Earnings

FIS is banking on embedded finance and loyalty programs to re-ignite growth in its merchant business. Earnings for the payments giant came two days earlier...

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Citi Sees Upside in Deeper Payments Messaging and Cross-Border Innovation
Citi Sees Upside in Deeper Payments Messaging and Cross-Border Innovation
February 13, 2023  |  Opinion

Amit Agarwal and Debopama Sen, global co-heads of payments and receivables, Treasury and Trade Solutions (TTS) at Citi, offer some tips for the payments industry...

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CE 100 Index Sinks as Affirm Leads Payment Names Down 8.5%
CE 100 Index Sinks as Affirm Leads Payment Names Down 8.5%
February 13, 2023  |  Stock Index

The CE 100 Index slipped in a week dominated by earnings, retracing gains made earlier in the month.  The Index was down 4.5% overall, yet...

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