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.

Can Blockchain Help Banking-as-a-Service Leap From Commodity to Capital Access On-Ramp?
Can Blockchain Help Banking-as-a-Service Leap From Commodity to Capital Access On-Ramp?
September 26, 2022  |  Digital-First Banking

In the bid to change financial services, to broaden financial inclusion, the promise of challenger banks was that they’d upend the way financial products could...

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Spanish Bank Sabadell Begins Discussions to Sell Payments Arm
Spanish Bank Sabadell Begins Discussions to Sell Payments Arm
September 23, 2022  |  International

Spanish financial services company Banco Sabadell is in discussions to sell its payments business and has thus far received bids from three companies, according to...

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FinTechs Package Financial Tools for EMEA Freelance, Gig Workers
FinTechs Package Financial Tools for EMEA Freelance, Gig Workers
September 22, 2022  |  Gig Economy

For its latest banking offering, Revolut recently launched Revolut Pro, a dedicated income, payment and expense management account for freelancers, sole traders, contractors and self-employed...

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Splitit Reports 350% Surge in eLearning Merchant Sales since 2019
Splitit Reports 350% Surge in eLearning Merchant Sales since 2019
September 22, 2022  |  BNPL

Merchant sales volume for the eLearning market rose by 350% since 2019 for education and professional development providers using white-label buy now, pay later (BNPL)...

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Opendoor’s Plunge Leads 9% Drop in FinTech IPO Index
Opendoor’s Plunge Leads 9% Drop in FinTech IPO Index
September 22, 2022  |  IPO

A banner week — but just not in the direction investors would have hoped. Macro-economic concerns dominated market mindsets these past several sessions, and worries...

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EMEA FinTech NORD.Investments, Mastercard Team on Open Banking Payments
EMEA FinTech NORD.Investments, Mastercard Team on Open Banking Payments
September 21, 2022  |  Digital Banking

Mastercard company Aiia is collaborating with NORD.Investments to allow more open banking payments in Denmark’s largest independent digital investment advisor platform, a press release from...

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Open Finance Platform MX Adds Connectivity, Insights, Mobile Banking
Open Finance Platform MX Adds Connectivity, Insights, Mobile Banking
September 21, 2022  |  Digital Banking

Open finance platform MX has announced product updates that bolster the platform’s ability to deliver financial data to financial institutions (FIs) and FinTechs and help...

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Kraken CEO Jesse Powell, Crypto’s First Banker, Steps Down
Kraken CEO Jesse Powell, Crypto’s First Banker, Steps Down
September 21, 2022  |  News

Update: Adds background.   Jesse Powell, the CEO of the first U.S. cryptocurrency exchange to receive a banking license, is stepping down. Powell made history...

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FV Bank Rolls Out Circle Integration
FV Bank Rolls Out Circle Integration
September 21, 2022  |  Banking

Puerto Rico’s FV Bank has launched a service for account holders that lets them instantly convert Circle’s USD Coin into U.S. dollars upon deposit. “This...

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