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.

Tencent Announces Plans for AI-Powered Services
Tencent Announces Plans for AI-Powered Services
August 16, 2023  |  artificial intelligence

Tencent, one of China’s leading internet companies, has announced its intention to release a proprietary artificial intelligence (AI) model later this year. Get the Full...

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Credit Sesame Launches Credit-Building Debit Card
Credit Sesame Launches Credit-Building Debit Card
August 16, 2023  |  Personal Finance

Credit Sesame has unveiled a new product that aims to help individuals build and enhance their credit scores through their everyday debit purchases. Get the...

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SVB Financial Pushes To Escrow $2B in Seized FDIC Funds
SVB Financial Pushes To Escrow $2B in Seized FDIC Funds
August 15, 2023  |  Legal

Embattled lender SVB Financial, which is embroiled in a dispute with the U.S. Federal Deposit Insurance Company (FDIC), says it is losing $8.5 million a...

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MTN Group CEO: Open to Selling Up to 30% of FinTech Business
MTN Group CEO: Open to Selling Up to 30% of FinTech Business
August 15, 2023  |  Digital-First Banking

African telecommunications company MTN Group Ltd. is seeking to include up to three more strategic investors in its telecom unit, said MTN Group CEO Ralph Mupita....

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Matera Acquires Cinnecta to Combine AI and Instant Payments
Matera Acquires Cinnecta to Combine AI and Instant Payments
August 15, 2023  |  Acquisitions

Brazilian payments FinTech Matera has acquired artificial intelligence (AI)-powered customer retention firm Cinnecta. Get the Full Story Complete the form to unlock this article and...

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Mastercard Investment Values MTN’s FinTech Group at $5.2 Billion
Mastercard Investment Values MTN’s FinTech Group at $5.2 Billion
August 14, 2023  |  Investments

South African telecom MTN now counts Mastercard among its investors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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One-Third of Credit Union Members Would Leave for Better Credit Products
One-Third of Credit Union Members Would Leave for Better Credit Products
August 14, 2023  |  Credit Unions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Starling Bank to Expand into Asia-Pacific
Starling Bank to Expand into Asia-Pacific
August 11, 2023  |  Digital Banking

Starling Bank plans to make its first expansion outside of Europe, moving into the Asia-Pacific (APAC) region. Get the Full Story Complete the form to unlock...

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Lenders and Merchants Must Diversify to Compete in Shifting Credit Landscape
Lenders and Merchants Must Diversify to Compete in Shifting Credit Landscape
August 11, 2023  |  Loans

With change comes challenge, but with challenge comes opportunity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

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