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.

Shopify Partners With Airwallex to Drive Global Payments
Shopify Partners With Airwallex to Drive Global Payments
July 21, 2022  |  eCommerce

FinTech payments platform Airwallex is partnering with eCommerce firm Shopify to offer online merchants a streamlined integration for payment acceptance from customers around the world. The Airwallex Online Payments...

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Visa Considers Taking Stake in FinTech Airwallex
Visa Considers Taking Stake in FinTech Airwallex
July 20, 2022  |  Fintech Investments

Visa is reportedly in talks to contribute to a funding round for FinTech startup Airwallex, according to people familiar with the matter. Sources told Bloomberg...

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PYMNTS GCC Series: Saudi Arabia, at the Intersection of Tech and Islamic Finance
PYMNTS GCC Series: Saudi Arabia, at the Intersection of Tech and Islamic Finance
July 20, 2022  |  emea

In this final installment of the PYMNTS GCC series, we assess the FinTech space in the Kingdom of Saudi Arabia (KSA), the most populous country...

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Sudanese FinTech Bloom Nets $6.5M
Sudanese FinTech Bloom Nets $6.5M
July 20, 2022  |  Investments

Sudan-based Bloom has raised $6.5 million in seed funding round, the FinTech announced in a press release Wednesday (July 20). The company’s investors include Visa,...

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Today in the Connected Economy: Google Tests Augmented Reality in the Real World
Today in the Connected Economy: Google Tests Augmented Reality in the Real World
July 20, 2022  |  Connected Economy

Today in the connected economy, Google says it is getting ready to test a new augmented reality device later this summer. Also, Netflix tries to...

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Inside the UK’s Regulatory Sandbox: How It Fosters FinTech Innovation, Drives Multisector Growth
Inside the UK’s Regulatory Sandbox: How It Fosters FinTech Innovation, Drives Multisector Growth
July 20, 2022  |  Regulation

The U.K. is credited with launching the first regulatory sandbox in 2016, and since then the concept has spread across the world, with an additional...

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BankiFi Americas Launches in US With Focus on Small Business Banking
BankiFi Americas Launches in US With Focus on Small Business Banking
July 20, 2022  |  SMBs

British embedded banking FinTech firm BankiFi has landed in North America with the debut of BankiFi Americas, a move that supports the digitization and payment...

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FinTechs Seek Fraud Guarantees on Incoming Deposits to Attract, Retain Customers
FinTechs Seek Fraud Guarantees on Incoming Deposits to Attract, Retain Customers
July 20, 2022  |  Security & Fraud

For banks and for the FinTechs, the first moments of engagement are among the most critical. A customer — individual consumer or business — logs...

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FICO Teams With Open-Finance.ai for Real-Time Credit Assessments
FICO Teams With Open-Finance.ai for Real-Time Credit Assessments
July 20, 2022  |  Partnerships

Global predictive analytics company FICO is partnering with open banking and financial services firm Open-Finance.ai to assist banks and FinTechs in speeding up and improving the decision-making...

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