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.

Barclays Backs Illuminate’s Latest Investment Vehicle
Barclays Backs Illuminate’s Latest Investment Vehicle
October 26, 2022  |  Partnerships

Illuminate Financial, the London-based venture capital firm which specializes in FinTech investments, has announced an expansion of its partnership with Barclays. Under the agreement, Barclays...

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Yaydoo Buys Oyster to Scale B2B Payments Solutions Across LatAm
Yaydoo Buys Oyster to Scale B2B Payments Solutions Across LatAm
October 25, 2022  |  Acquisitions

B2B solutions provider Yaydoo has acquired payments solution Oyster Financial in a move that it said boosts its position as a B2B payments solution provider...

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Cellulant and Mastercard Team to Provide Virtual Cards for African Businesses
Cellulant and Mastercard Team to Provide Virtual Cards for African Businesses
October 25, 2022  |  Partnerships

Cellulant, a pan-African payment company, announced that it will deploy Mastercard’s virtual card technology to enable payments for Cellulant customers. Thanks to the partnership, Cellulant...

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Jack Henry Employs Payrailz to Launch P2P Solution
Jack Henry Employs Payrailz to Launch P2P Solution
October 25, 2022  |  Digital Payments

Payments processing company Jack Henry is leveraging its recent acquisition of the Payrailz payments platform with the launch of a standalone person-to-person (P2P) payments solution....

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Harnessing Consumer Attention in a Time of Financial Uncertainty
Harnessing Consumer Attention in a Time of Financial Uncertainty
October 25, 2022  |  Opinion

Health-focused ecosystems that connect financial functions like payments are of particular value to consumers in an uncertain economy, Lynx Head of Business Development and Partnerships Tali...

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Powering Embedded Finance for B2B
Powering Embedded Finance for B2B
October 25, 2022  |  Opinion

In the new PYMNTS eBook, “What’s Your Plan? Payments Strategies for a Strong 2022 Finish,” Galileo Financial Technologies CRO Seth McGuire discusses the strength and growth...

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Legacy Players and Digital Disruptors Will Join Forces to Reshape Payments
Legacy Players and Digital Disruptors Will Join Forces to Reshape Payments
October 25, 2022  |  Digital Payments

To a large extent the future of payments will be built on foundations laid in the past, but greatly enhanced by digital innovations that are...

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Kuwait’s Central Bank Asks Volunteers to Test Its BNPL Product
Kuwait’s Central Bank Asks Volunteers to Test Its BNPL Product
October 24, 2022  |  Buy Now Pay Later

The Central Bank of Kuwait (CBK) announced that it has allowed a new buy now, pay later (BNPL) product to begin testing with volunteer customers...

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American Express, Cross River Team on Issuing Cards for FinTechs
American Express, Cross River Team on Issuing Cards for FinTechs
October 24, 2022  |  Partnerships

Embedded financial solutions provider Cross River Bank and American Express have begun a collaboration that allows Cross River to issue credit cards on behalf of...

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