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.

Why It’s Time for the Connected Healthcare Wallet
Why It’s Time for the Connected Healthcare Wallet
November 04, 2022  |  Mobile Wallets

Administrations come and go promising healthcare reform, but it’s nimble and creative FinTechs that are making it happen, creating connected digital ecosystems that add value...

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FinTech IPO Index Down 2.7% as Opendoor and Upstart Cut Staff
FinTech IPO Index Down 2.7% as Opendoor and Upstart Cut Staff
November 04, 2022  |  Investments

The ranks are thinning at FinTech firms. In a week that’s seen its share of earnings announcements and a fourth rate hike from the Federal...

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Remittance Marketplace Model Unlocks Payments Innovation for GCC Expats
Remittance Marketplace Model Unlocks Payments Innovation for GCC Expats
November 04, 2022  |  Cross-border Payments

As elsewhere, in the Gulf Cooperation Council (GCC) region, the remittance market has traditionally been dominated by a few major players. According to Amir Fardghassemi,...

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Cannabis eCommerce Firm Treez Buys Payments Platform Swifter
Cannabis eCommerce Firm Treez Buys Payments Platform Swifter
November 03, 2022  |  eCommerce

Two tech companies serving the cannabis industry have combined as enterprise commerce technology platform Treez has completed its acquisition of payment solutions platform Swifter.  The...

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Ant Group-Owned ANEXT Bank Announces Embedded Financing Partnerships
Ant Group-Owned ANEXT Bank Announces Embedded Financing Partnerships
November 03, 2022  |  Banking

Singapore-based digital wholesale bank ANEXT Bank, which is a wholly owned subsidiary of Ant Group, has launched a new program that aims to use embedded...

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Neobanks Decimate Staff as They Chase Sustainable Profits
Neobanks Decimate Staff as They Chase Sustainable Profits
November 03, 2022  |  Banking

There’s an old business saying that holds that you can’t cut your way to profitability. Chime and its digital peers are going to put that...

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Bakkt Expands Footprint With Apex Crypto Purchase
Bakkt Expands Footprint With Apex Crypto Purchase
November 03, 2022  |  Cryptocurrency

Bakkt has agreed to acquire Apex Crypto, a deal worth up to $200 million that the digital asset platform says will expand its footprint into...

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Privacy-Enhancing Technologies Promote Greater EU Inter-Bank Collaboration in Fighting Fraud
Privacy-Enhancing Technologies Promote Greater EU Inter-Bank Collaboration in Fighting Fraud
November 03, 2022  |  Fraud Prevention

Banks are not the police. And yet, for many crimes, financial institutions (FIs) are often on the front lines when it comes to preventing and...

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Orum and MX Partner on Money Movement Solutions for FinTechs 
Orum and MX Partner on Money Movement Solutions for FinTechs 
November 02, 2022  |  Partnerships

Payments platform Orum and open finance firm MX have partnered to make it easier for FinTechs to add innovative money movement and payments functionality to...

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