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.

ACI Worldwide, Constant Team to Promote Consumer Digital Engagement
ACI Worldwide, Constant Team to Promote Consumer Digital Engagement
October 12, 2022  |  Partnerships

Payments software company ACI Worldwide has formed a partnership with Constant, a FinTech that makes self-service loan management software. The collaboration will “allow lenders to...

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BNP Paribas to Buy B2B FinTech Kantox
BNP Paribas to Buy B2B FinTech Kantox
October 11, 2022  |  Acquisitions

BNP Paribas has agreed to buy Kantox, a fintech working on automating currency risk management, to help add more automation to B2B cross-border work, a...

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OCC Chief Michael J. Hsu Says Regulators Must Monitor 3 Risks of Crypto
OCC Chief Michael J. Hsu Says Regulators Must Monitor 3 Risks of Crypto
October 11, 2022  |  Cryptocurrency

Months of turbulence in the cryptocurrency industry have made it clear that financial regulators must be cautious about how they allow crypto and the traditional...

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Airwallex Notches $100M to Foster Continuing Market Expansions
Airwallex Notches $100M to Foster Continuing Market Expansions
October 11, 2022  |  Investments

Global FinTech Airwallex raised an additional $100 million in a Series E extension funding round to help foster continuing international market expansions and support current...

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Embedded Payments Find New Niche in Cross-Border Money Movement
Embedded Payments Find New Niche in Cross-Border Money Movement
October 11, 2022  |  Cross-border Payments

In the age of eCommerce, as platforms and enterprises expand their reach across borders, embedding payments into the mix can help tap new markets and...

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Goldman Dials Back Retail Banking Focus
Goldman Dials Back Retail Banking Focus
October 10, 2022  |  Banking

Goldman Sachs could be reorganizing for the fourth time in three years as it rolls up the welcome mat on consumer banking for all and...

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BofA Extends ‘Pay by Bank’ to Euro Payments
BofA Extends ‘Pay by Bank’ to Euro Payments
October 10, 2022  |  Digital-First Banking

Bank of America has made its Pay by Bank payment solution available for euro currency payments, the bank announced Monday (Oct. 10). Offered in conjunction...

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UK FinTechs Call for Full Financial Data Sharing to Support Cardholders
UK FinTechs Call for Full Financial Data Sharing to Support Cardholders
October 09, 2022  |  Digital-First Banking

Some U.K. FinTechs have accused various credit card issuers of not giving customers full access to their own data and costing consumers “millions.” In a...

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FoodTech Investments Help Streamline Africa’s Agriculture Trade, Connect Fragmented Supply Chains
FoodTech Investments Help Streamline Africa’s Agriculture Trade, Connect Fragmented Supply Chains
October 09, 2022  |  Supply Chain

Africa’s startup ecosystem raised nearly $5 billion in venture capital (VC) funding last year, twice as much as in 2020. For Zekarias Amsalu, founder and...

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