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.

Stricter Nonbank Oversight Stokes Fears of FinTech Winnowing
Stricter Nonbank Oversight Stokes Fears of FinTech Winnowing
November 23, 2022  |  Regulation

Even though nonbanks are just what the name implies, in the eyes of regulators, some say it might be easier to treat them as if...

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ASIC: Block Earner Ran Unlicensed Crypto Investments
ASIC: Block Earner Ran Unlicensed Crypto Investments
November 23, 2022  |  Cryptocurrency

The Australian Securities and Investments Commission (ASIC) has sued the FinTech company Block Earner for allegedly offering cryptocurrency investments without a license. “Block Earner offered...

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Expense Management Platform Qashio Raises $10M to Accelerate Saudi Expansion
Expense Management Platform Qashio Raises $10M to Accelerate Saudi Expansion
November 22, 2022  |  Spend Management

The Dubai-based FinTech Qashio announced on Tuesday (Nov. 22) that it has raised $10 million in a seed round to accelerate its expansion into the...

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Paymob and Foodics Team on POS Tech for Egyptian Restaurants
Paymob and Foodics Team on POS Tech for Egyptian Restaurants
November 22, 2022  |  Partnerships

Cairo-based FinTech Paymob and Riyadh-based restaurant technology provider Foodics announced that they have partnered to provide point-of-sale (POS) devices to the hospitality sector in Egypt....

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Italian Banking Group Sella Launches Biometric Payment Card
Italian Banking Group Sella Launches Biometric Payment Card
November 22, 2022  |  Biometrics

Italian banking group Sella Group has collaborated with IDEMIA to launch biometric payment cards that are powered by IDEX Biometrics’ TrustedBio fingerprint sensor solution. Sella...

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Health Financing Platform PayZen Raises $200M
Health Financing Platform PayZen Raises $200M
November 22, 2022  |  Healthcare

As medical bankruptcies continue to plague Americans, PayZen has raised $220 million in new funding as it looks to expand its “affordability financing” offering for...

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Why ‘Every Single Business’ Will Soon Be Using Embedded Payments
Why ‘Every Single Business’ Will Soon Be Using Embedded Payments
November 22, 2022  |  Payments Innovation

Embedded finance — where financial products and payments pop up in any number of consumers’ daily activities — is now an expectation, a “need to...

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FinTech Propel Holdings Expands Online Lending Platform to Canada
FinTech Propel Holdings Expands Online Lending Platform to Canada
November 21, 2022  |  Loans

Propel Holdings, a FinTech that offers users access to credit in the United States, has entered the Canadian market with an online credit offering for...

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UK FinTech Stenn Offers SMBs Digital Invoice Financing
UK FinTech Stenn Offers SMBs Digital Invoice Financing
November 21, 2022  |  International

U.K.-based FinTech Stenn, which specializes in invoice financing, is focusing its energies on to small and medium-sized businesses (SMBs) and emerging markets, where access to...

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