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.

EMEA Daily: UK Government to Pay out $43.6B to Support Households
EMEA Daily: UK Government to Pay out $43.6B to Support Households
July 14, 2022  |  emea

In today’s top news from Europe, the Middle East and Africa (EMEA), the U.K. government is set to pay out nearly $44 billion in “cost...

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EQ Bank Teams With Open Banking Platform Flinks
EQ Bank Teams With Open Banking Platform Flinks
July 14, 2022  |  Partnerships

EQ Bank, part of Canada’s Equitable Bank family, has joined forces with Montreal-based open banking platform Flinks to give EQ Bank customers the ability to...

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Plaid Adds Support for Digital Asset Exchanges
Plaid Adds Support for Digital Asset Exchanges
July 14, 2022  |  Digital Banking

Payment processing firm Plaid is now supporting digital asset exchanges and investment platforms to meet the growing number of people using cryptocurrencies. Binance.US, Gemini, Robinhood...

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Embedded Finance Experiences Should Be as ‘Easy as an iPhone’
Embedded Finance Experiences Should Be as ‘Easy as an iPhone’
July 14, 2022  |  Banking

Jim McCarthy, president of i2c, told PYMNTS’ Karen Webster that banking is sure to follow the “embedded path” we’ve seen pretty much everywhere else in...

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FinTechs Force CFOs to Rethink ROI of Digital Strategies
FinTechs Force CFOs to Rethink ROI of Digital Strategies
July 14, 2022  |  Technology

Changing the way larger enterprises — the biggest of the big, the ones that have been around for decades — operate brings that old adage...

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India’s Mobile-First FinTech OneCard Nets $100M on $1.4B Valuation
India’s Mobile-First FinTech OneCard Nets $100M on $1.4B Valuation
July 13, 2022  |  Investments

FPL Technologies, which offers credit cards under the name OneCard, has become a unicorn after a funding round that valued the company at over $1...

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Stripe, SoFi and Robinhood Alums Launch Gen Z Neobank Uprise
Stripe, SoFi and Robinhood Alums Launch Gen Z Neobank Uprise
July 13, 2022  |  Digital-First Banking

Uprise, a FinTech which aims to help Gen Z manage money in a “digital family office,” has launched after raising $1.4 million in a seed...

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PYMNTS GCC Series: Partnerships, PayTech Innovation Move Kuwait Into Digital Era
PYMNTS GCC Series: Partnerships, PayTech Innovation Move Kuwait Into Digital Era
July 13, 2022  |  Technology

In this third installment of the PYMNTS series on the state of FinTech innovation in the Gulf Cooperation Council (GCC) countries, we turn our attention...

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French B2B Payments Platform Hero Raises $12.4M
French B2B Payments Platform Hero Raises $12.4M
July 13, 2022  |  B2B Payments

Seven months after its launch, French FinTech Hero has raised €12.4 million ($12.49 million) to scale its B2B payments solution. According to a Wednesday (July...

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