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.

Envestnet Acquires Revenue and Billing Management Platform Redi2 Technologies
Envestnet Acquires Revenue and Billing Management Platform Redi2 Technologies
July 06, 2022  |  Acquisitions

Wealth management technology firm Envestnet on Wednesday (July 6) acquired revenue management and global financial services industry fee-billing solution Redi2 Technologies, according to a joint...

READ MORE >
Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
Department of Commerce Urged to Slow Roll CBDCs and Clarify Crypto Rules
July 06, 2022  |  Regulation

Following President’s Biden Executive Order on crypto assets issued in March, the Department of Commerce (DOC) launched a consultation in May seeking feedback that would...

READ MORE >
Forever 21 Owner Authentic Brands, Bolt Settle Lawsuit, Make Peace
Forever 21 Owner Authentic Brands, Bolt Settle Lawsuit, Make Peace
July 06, 2022  |  Legal

Forever 21 owner Authentic Brands Group (ABG) and checkout technology firm Bolt said they are continuing their partnership after settling a lawsuit filed by ABG...

READ MORE >
The Changing Face of Mobile Money in Ghana
The Changing Face of Mobile Money in Ghana
July 05, 2022  |  Mobile Payments

In June, Ghana’s central bank launched GhanaPay, a mobile money wallet for savings and loans companies and banks, including rural and community banks. Developed through...

READ MORE >
Today in FinTech: Loans Backed By Crypto; Ukraine Phishing Attack Foiled; Healthcare BNPL
Today in FinTech: Loans Backed By Crypto; Ukraine Phishing Attack Foiled; Healthcare BNPL
July 05, 2022  |  Technology

In today’s FinTech news, Wirex Credit is offering loans backed by crypto, while nine suspected cybercriminals were arrested following an alleged phishing attack on Ukraine....

READ MORE >
Mobile Payments Startup Zapper Aims at $1B Valuation With Planned Fundraise
Mobile Payments Startup Zapper Aims at $1B Valuation With Planned Fundraise
July 05, 2022  |  Investments

South African mobile payments platform Zapper is exploring its capital-raising options, including launching a sale to buy stake in the startup, in an effort to...

READ MORE >
FinTechs Redefine X-Border Payments for African Consumers, SMBs
FinTechs Redefine X-Border Payments for African Consumers, SMBs
July 05, 2022  |  Cross-border Payments

Remittance corridors that connect African nations to economies in Europe, the Middle East and the U.S. provide a vital lifeline for many individuals moving money...

READ MORE >
Finastra Launches BNPL Alternative Tool
Finastra Launches BNPL Alternative Tool
July 01, 2022  |  Loans

British FinTech Finastra has debuted an embedded customer lending product, a solution the company says provides access to “traditional regulated lending options” for customers at...

READ MORE >
Careem Makes Second Acquisition This Week With Denarii
Careem Makes Second Acquisition This Week With Denarii
July 01, 2022  |  Acquisitions

Ride hailing, payments and food delivery platform Careem picked up money transfer firm Denarii for undisclosed terms, its second acquisition this week, according to a...

READ MORE >