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.

Technology Helps Buyers and Suppliers Meet Economic Challenges
Technology Helps Buyers and Suppliers Meet Economic Challenges
October 21, 2022  |  Opinion

Payment solutions that offer flexibility, automation and reconciliation controls are key to ensuring growth for companies, Rick Kenneally, Chief Technology Officer at Boost B2B Payment...

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Why Embedded Finance Has Come of Age
Why Embedded Finance Has Come of Age
October 21, 2022  |  Opinion

Embedded finance makes life easier for customers and generates a revenue opportunity for digital platforms, FIS Banking, Payments and Fintech SVP Taira Hall writes in the new...

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Today in the Connected Economy: Google Turns Its Eye to Visual Shopping
Today in the Connected Economy: Google Turns Its Eye to Visual Shopping
October 20, 2022  |  Connected Economy

Today in the connected economy, Google debuts more tools to make users’ buying experience more visual, part of a larger effort to make its sites...

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FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
FDIC Chair: Stablecoins Could Bring Bank Consolidation, Disintermediation
October 20, 2022  |  Cryptocurrency

Stablecoins have the potential to “fundamentally alter the landscape of banking,” the head of the Federal Deposit Insurance Corporation said in a speech on Thursday...

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Nigeria Promotes Innovation, Becomes Latest African Country to Pass Startup Act
Nigeria Promotes Innovation, Becomes Latest African Country to Pass Startup Act
October 20, 2022  |  emea

With presidential assent marking its final passage into law, the Nigeria Startup Bill has become the Nigeria Startup Act as of Wednesday (Oct. 19). Intended...

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FinTech IPO Index Off 3% Amid Conflicting Signals On Consumer Spending
FinTech IPO Index Off 3% Amid Conflicting Signals On Consumer Spending
October 20, 2022  |  Fintech Investments

The FinTech IPO Index was down 3.2% heading into the end of the week and is down 10.2% headed into the final days of October....

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Western Union Looks to ’23 to Reverse Revenue Decline
Western Union Looks to ’23 to Reverse Revenue Decline
October 20, 2022  |  Earnings

Despite expected third-quarter revenue declines and earnings guidance that falls short of Wall Street consensus, Western Union is delivering a financial outlook and strategy through...

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Banyan Raises $43M to Grow Its SKU Data Network
Banyan Raises $43M to Grow Its SKU Data Network
October 20, 2022  |  Investments

Stock keeping unit (SKU)-level receipt data infrastructure startup Banyan raised $43 million to scale its technology and infrastructure to advance its network that enables retailers,...

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Item-Level Data Network Banyan Gets $43M to Power Next FinTech Wave
Item-Level Data Network Banyan Gets $43M to Power Next FinTech Wave
October 20, 2022  |  Data

There’s strategic gold locked in receipt level data, aka SKU level data, and the appetite for accessing those insights is attracting not just users but...

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