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.

FinTech Winter May Lead Banks to Increase Acquisitions
FinTech Winter May Lead Banks to Increase Acquisitions
November 17, 2022  |  Acquisitions

Banks looking to boost their digital capabilities reportedly may be taking a closer look at acquisitions of FinTechs. That’s becoming an attractive play as interest...

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How Technology Is Increasingly Humanizing Digital Banks
How Technology Is Increasingly Humanizing Digital Banks
November 17, 2022  |  Digital Banking

By some accounts, the omnichannel bank of the future has digital roots that trace back 20 years or more, Michael Haney, head of digital core...

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API Marketplaces Boost Economic Growth, Accelerate Digitization of Africa’s Informal Sector
API Marketplaces Boost Economic Growth, Accelerate Digitization of Africa’s Informal Sector
November 17, 2022  |  Digital Payments

From funding development projects to enabling trade, banks not only play a central role in fostering economic growth across the African region. Financial institutions (FIs)...

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SMB Financial Automation Firm BILL Buys Finmark and Aims to Expand
SMB Financial Automation Firm BILL Buys Finmark and Aims to Expand
November 16, 2022  |  Acquisitions

Financial automation software provider BILL announced Wednesday (Nov. 16) that it has completed its acquisition of SMB financial planning company Finmark. BILL first revealed the...

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Bankful Looks to Help Unbanked SMBs After Rebrand
Bankful Looks to Help Unbanked SMBs After Rebrand
November 16, 2022  |  SMBs

Payment service provider Pinwheel is rebranding as Bankful as it shifts from serving smaller businesses to financial institutions of all sizes. According to a Wednesday...

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US Treasury Promotes Bank-FinTech Partnerships
US Treasury Promotes Bank-FinTech Partnerships
November 16, 2022  |  Bank Regulation

The U.S. Department of the Treasury issued a report Wednesday (Nov. 16) encouraging collaboration between banks and FinTechs, provided it is done responsibly. The report...

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Secured Credit Cards Help FinTechs and Consumers Weather Macro Storms
Secured Credit Cards Help FinTechs and Consumers Weather Macro Storms
November 16, 2022  |  Fintech Investments

For neobanks, the debit card is no longer going to be enough — not to brave the storm clouds gathering at this moment, and which...

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Businesses Can Now Embed Payments Through Nuvei for Platforms
Businesses Can Now Embed Payments Through Nuvei for Platforms
November 15, 2022  |  Payments Innovation

Canadian FinTech company Nuvei is making embedded payments accessible for businesses as a customer retention tool through its global expansion of Nuvei for Platforms. According...

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Neobank Licensing Sets Stage for Saudi FinTech Acceleration
Neobank Licensing Sets Stage for Saudi FinTech Acceleration
November 15, 2022  |  Digital-First Banking

In the evolution of FinTech in any given market, there are certain phases and milestones that can be observed. For example, the development of payment...

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