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.

FinTech upSWOT, Wipro Team Up on Digital Banking Tools for SMBs
FinTech upSWOT, Wipro Team Up on Digital Banking Tools for SMBs
July 07, 2022  |  Partnerships

Fintech upSWOT, which offers data analysis for small businesses, will be teaming with Wipro, a tech services and consulting company, to add digital banking tools...

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Flutterwave Denies Kenyan Regulator’s AML Claims
Flutterwave Denies Kenyan Regulator’s AML Claims
July 07, 2022  |  AML

Digital payments FinTech Flutterwave has denied any wrongdoing after a court in Kenya froze its bank accounts. As Bloomberg News reported Thursday (July 7), Kenya’s...

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Today in FinTech: Korea Gets Crypto Bank; MAS Grants MPI; B2B BNPL in Africa
Today in FinTech: Korea Gets Crypto Bank; MAS Grants MPI; B2B BNPL in Africa
July 07, 2022  |  Fintech Investments

In today’s FinTech news, Korea gets its first crypto bank while Singapore awards a major payment institution license. Plus, B2B buy now, pay later (BNPL)...

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Binance.US Names Former Acorns, PayPal Exec Jasmine Lee CFO
Binance.US Names Former Acorns, PayPal Exec Jasmine Lee CFO
July 07, 2022  |  Personnel

Cryptocurrency exchange Binance.US has named Jasmine Lee as chief financial officer (CFO), taking over for interim CFO Eric Segal, who was appointed last October after...

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Slight Rebound for FinTech IPOs Marks Shortened Holiday Week
Slight Rebound for FinTech IPOs Marks Shortened Holiday Week
July 07, 2022  |  IPO

We wouldn’t call it a comeback. But it’s a gain, nonetheless. Coming into the close of a week shortened on Wall Street by the July...

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Sleek Secures Payments License in Singapore
Sleek Secures Payments License in Singapore
July 07, 2022  |  International

FinTech startup Sleek, an all-in-one digital platform for small businesses, was granted a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS),...

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PYMNTS Summer Series: The ‘Great Blending’ Sees Payments Migrate From Utility to Strategic Advantage
PYMNTS Summer Series: The ‘Great Blending’ Sees Payments Migrate From Utility to Strategic Advantage
July 07, 2022  |  Digital Payments

Merchants have traditionally viewed payments as a utility. As Dustin Young, senior vice president of acquirer solutions at Cybersource, told PYMNTS CEO Karen Webster, that...

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Today in FinTech: Voyager Goes Bankrupt; Revolut Teams With Stripe; New Probe Into Zelle
Today in FinTech: Voyager Goes Bankrupt; Revolut Teams With Stripe; New Probe Into Zelle
July 06, 2022  |  Technology

In today’s FinTech news, Voyager has filed for Chapter 11 bankruptcy, adding to the mounting turmoil in the overall cryptocurrency ecosystem. Meanwhile, Revolut and Stripe...

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FinTech UnDosTres Raises $30M to Reach the 40% of Mexicans Who Don’t Transact Online
FinTech UnDosTres Raises $30M to Reach the 40% of Mexicans Who Don’t Transact Online
July 06, 2022  |  Investments

Digital payments platform UnDosTres has raised $30 million in a Series B funding round, the Mexico City-based company announced in a Wednesday (July 6) press...

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