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.

PagoNxt CEO: Blurring of Bank, FinTech Lines Will Drive EU Payments Growth
PagoNxt CEO: Blurring of Bank, FinTech Lines Will Drive EU Payments Growth
July 18, 2022  |  B2B Payments

If there was ever a time traditional banks have felt the intense pressure to abandon legacy infrastructure and embrace digital innovation, it has been in...

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PYMNTS GCC Series: Still in Its Infancy, Oman FinTech Hub Shows Huge Potential for Growth
PYMNTS GCC Series: Still in Its Infancy, Oman FinTech Hub Shows Huge Potential for Growth
July 15, 2022  |  emea

Often referred to as rentier states due to their dependence on oil revenue, Gulf Cooperation Council (GCC) countries — Bahrain, Kuwait, Oman, Qatar, Saudi Arabia,...

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$150M in Funding Makes Mexico’s FinTech Lender Stori a Unicorn
$150M in Funding Makes Mexico’s FinTech Lender Stori a Unicorn
July 15, 2022  |  Fintech Investments

Mexican FinTech Stori has achieved “unicorn” status following a $150 million Series C round that brought the company’s valuation to $1.2 billion. As Reuters reported...

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Cashfree Report: Savings Account APIs to Transform India Retail Banking
Cashfree Report: Savings Account APIs to Transform India Retail Banking
July 15, 2022  |  API

Application programming interfaces (APIs) will decentralize banking and change the way savings accounts are opened, accessed and managed, enabling digital-only banking and financial services for...

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3 Things to Know About Maximizing Bundled Banking
3 Things to Know About Maximizing Bundled Banking
July 15, 2022  |  Banking

FinTech disintermediation has innovated and improved the banking experience, but new research shows that consumers are tired of managing these services as separate relationships, with...

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Banks Take Fresh Look at FinTech Acquisitions to Improve Customer Efficiencies
Banks Take Fresh Look at FinTech Acquisitions to Improve Customer Efficiencies
July 15, 2022  |  Technology

Banks are accustomed to vying with FinTechs for customers, but increasingly, they’re partnering with them as a way to win new businesses and better serve...

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Customers May Come for Convenience, They’ll Stay for Choice and Speed
Customers May Come for Convenience, They’ll Stay for Choice and Speed
July 15, 2022  |  Banking

Marcell King, chief innovation officer at Paymentus, told PYMNTS in an interview that speed is top of the list when it comes to consumers’ expectations...

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FinTech IPO Index Stumbles Into Earnings Season With 3% Weekly Drop
FinTech IPO Index Stumbles Into Earnings Season With 3% Weekly Drop
July 15, 2022  |  Investments

For the FinTech IPO names, now comes the true test. Earnings season. Wednesday, JPMorgan signaled that the U.S. remains in good shape, in terms of...

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Revolut Turns 7 with 20M Customers
Revolut Turns 7 with 20M Customers
July 14, 2022  |  Digital Payments

British FinTech Revolut is celebrating its seventh year as a company by hitting a milestone of 20 million customers, 250 million monthly transactions, and a...

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