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.

FIS Says Embedded Finance in ‘First Inning’ of Payments Evolution
FIS Says Embedded Finance in ‘First Inning’ of Payments Evolution
January 25, 2023  |  Innovation

“If the FinTech ‘revolution,’ post-financial crisis, is in its early innings, then embedded finance is in its first inning.” Matthew Valente, head of product strategy at...

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Open Banking Providers Eye Jordan Market as New Framework Launches
Open Banking Providers Eye Jordan Market as New Framework Launches
January 24, 2023  |  Banking

Open banking technology providers are eying the potential market in Jordan. While it may not be the first country in the Middle East to introduce...

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Trustly and Nordnet Team for Easier Retail Investor Deposits
Trustly and Nordnet Team for Easier Retail Investor Deposits
January 24, 2023  |  Partnerships

Swedish FinTechs Trustly and Nordnet have teamed to offer retail investors easier deposits. The companies say their partnership allows for pay-ins via Trustly — a...

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Highland Europe Closes Billion-Euro Fund to Invest in Digital Startups
Highland Europe Closes Billion-Euro Fund to Invest in Digital Startups
January 23, 2023  |  Investments

Highland Europe has closed a billion-euro fund to back growth-stage digital-focused businesses. The European arm of global venture capital (VC) investor Highland Capital Partners announced...

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Deloitte and Marqeta Team to Speed Payment Modernization
Deloitte and Marqeta Team to Speed Payment Modernization
January 23, 2023  |  Partnerships

Card issuer Marqeta has teamed with consulting firm Deloitte to speed payment modernization. The partnership, announced in a press release Monday (Jan. 23), is aimed...

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January’s FinTech SPAC Freeze Reflects Widespread Chill on Wall Street
January’s FinTech SPAC Freeze Reflects Widespread Chill on Wall Street
January 20, 2023  |  SPAC

The special purpose acquisition company (SPAC) may not be dead, but its pulse is pretty faint. January has thrown a deep chill for public listings...

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Fincra Receives Payment License From Central Bank of Nigeria
Fincra Receives Payment License From Central Bank of Nigeria
January 20, 2023  |  Digital-First Banking

The Nigerian FinTech Fincra has received a payment license from the Central Bank of Nigeria (CBN).  In a blog post Thursday (Jan. 19), the company stated that...

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CFPB’s Busy 2023 Has Overdraft Fees, Financial Data on the Agenda
CFPB’s Busy 2023 Has Overdraft Fees, Financial Data on the Agenda
January 20, 2023  |  CFPB

Right out of the gate, the Consumer Financial Protection Bureau (CFPB) has had a busy 2023. The pace won’t slow as the year goes on,...

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KLYM Raising $27M to Expand Working Capital Offering in LatAm 
KLYM Raising $27M to Expand Working Capital Offering in LatAm 
January 19, 2023  |  Cross Border Commerce

KLYM is reportedly raising $27 million to expand its working capital offering in Latin America. The Colombian FinTech, which was formerly known as OmniLatam, plans...

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