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 IPO Index Slips 1.4% As Overseas Companies Show Mixed Results
FinTech IPO Index Slips 1.4% As Overseas Companies Show Mixed Results
August 23, 2024  |  Fintech Investments

It was a relatively quiet week on Wall St. as FinTech news started to hit the slow part of the Q2 earnings season. A lot...

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Adyen and InvoiceASAP Team on Instant Deposits
Adyen and InvoiceASAP Team on Instant Deposits
August 21, 2024  |  Partnerships

Adyen and InvoiceASAP, an invoicing and payments firm, launched a small-business-focused instant payments partnership. The collaboration will provide users with instant access to deposited funds,...

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UK Banks Struggle With ‘Ambiguous’ Fraud Reimbursement Rules
UK Banks Struggle With ‘Ambiguous’ Fraud Reimbursement Rules
August 21, 2024  |  Security & Fraud

Banks, FinTechs and payments companies in the United Kingdom are reportedly struggling with the country’s new fraud rules. The entities have until Oct. 7 to...

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Treasury Prime Partner Marketplace Adds Kobalt Labs AI-Powered Compliance Solution
Treasury Prime Partner Marketplace Adds Kobalt Labs AI-Powered Compliance Solution
August 20, 2024  |  Artificial Intelligence

Kobalt Labs, which offers an artificial intelligence-powered copilot for risk and compliance teams, joined the Treasury Prime Partner Marketplace. Banks using Treasury Prime’s embedded banking...

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Adyen to Offer Fastlane by PayPal Checkout Experience
Adyen to Offer Fastlane by PayPal Checkout Experience
August 20, 2024  |  Partnerships

FinTech platform Adyen will offer the Fastlane by PayPal checkout experience to its enterprise and marketplace customers. The rollout of this offering will begin with...

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UK Treasury Wants Revolut to Go Public on London Exchange
UK Treasury Wants Revolut to Go Public on London Exchange
August 18, 2024  |  IPO

The British treasury wants London-based FinTech Revolut to go public in its home country. That’s according to a report Friday (Aug. 16) by the Financial...

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Report: Ant Group in Talks to Acquire Chinese Healthcare Platform Haodf.com
Report: Ant Group in Talks to Acquire Chinese Healthcare Platform Haodf.com
August 16, 2024  |  Acquisitions

Ant Group is reportedly in discussions to acquire Haodf.com, a Chinese platform that provides online consultations with doctors. The Jack Ma-backed FinTech is interested in...

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Revolut Valued at $45 Billion in Secondary Share Sale
Revolut Valued at $45 Billion in Secondary Share Sale
August 16, 2024  |  Digital Banking

Revolut signed agreements with investors for a secondary share sale that values the company at $45 billion. The British FinTech launched the secondary share sale...

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Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank
Exclusive: Mercado Pago CEO on Building Brazil’s Biggest Digital Bank
August 16, 2024  |  Digital-First Banking

Most countries measure banking activity in terms of where and how it happens. Hence distinctions such as in-branch, ATMs, online and mobile. But in Latin...

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