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.

Banks and FinTechs See Collaborative Opportunity to Reach Emerging Market Consumers
Banks and FinTechs See Collaborative Opportunity to Reach Emerging Market Consumers
December 29, 2022  |  Financial Inclusion

Brazil proves boosting financial inclusion and giving underserved populations bank account access is a smartphone away. PayU Global Payments CEO Mario Shiliashki said it will...

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Finclusion Group Rebrands as Fin, Nets $2M Startup Funding
Finclusion Group Rebrands as Fin, Nets $2M Startup Funding
December 28, 2022  |  Investments

The African FinTech group Finclusion Group has received $2 million in startup funding. The latest investment coincides with a company-wide rebranding with the group now...

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Open Banking Reform Drives Competition in Israeli Financial Services Sector
Open Banking Reform Drives Competition in Israeli Financial Services Sector
December 27, 2022  |  Bank Regulation

Six months after Israel’s open banking legislation came into effect, the field is taking shape. Like similar laws elsewhere, such as the EU’s second payment...

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Digital Budgeting Tools Increase as Holiday Cost-Cutting Sweeps Across Europe
Digital Budgeting Tools Increase as Holiday Cost-Cutting Sweeps Across Europe
December 26, 2022  |  Consumer Finance

As inflation bites, European consumers are turning to cost-cutting tools and techniques this holiday season. In fact in the U.K., a poll by Accenture found...

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How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
How Did Saudi Arabia and Kenya Dodge VC Funding Slowdown?
December 23, 2022  |  Investments

After reaching new heights in 2021, VC funding in EMEA slowed sharply in 2022. While final full-year tallies are not settled yet, data from the...

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Circular Economy FinTech Twig Buys Teen Banking Firm Vybe 
Circular Economy FinTech Twig Buys Teen Banking Firm Vybe 
December 22, 2022  |  Digital Banking

Aiming to become “the go-to platform for Gen Z,” circular economy FinTech Twig has acquired Vybe.  The London-based FinTech company rooted in circular economy principles...

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Financial Institutions’ Loyalty Play: Hyper-Personalized Spending Guidance
Financial Institutions’ Loyalty Play: Hyper-Personalized Spending Guidance
December 22, 2022  |  Banking

A key for financial institutions (FIs) prioritizing loyalty and seeking to tailor their clients’ customer experience could be right in front of them: receipt data....

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Sheltered Harbor Extends Data Security Solution to More Financial Businesses
Sheltered Harbor Extends Data Security Solution to More Financial Businesses
December 22, 2022  |  Cybersecurity

Sheltered Harbor is reportedly offering data security to more businesses. Previously limited to banks since its founding in 2015, Sheltered Harbor is now offering its...

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Fintech Galaxy Acquires Egyptian Open Banking Firm Underlie
Fintech Galaxy Acquires Egyptian Open Banking Firm Underlie
December 22, 2022  |  Acquisitions

Fintech Galaxy has acquired the Egyptian open banking platform Underlie for an undisclosed sum. The Dubai-based financial technology firm announced the acquisition in a press...

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