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.

Doola Debuts US Banking for International Businesses
Doola Debuts US Banking for International Businesses
May 12, 2022  |  Banking

Doola, a business banking company, has debuted a new banking product for international businesses to be able to open a U.S. bank account remotely from...

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Today in FinTech: Italy to Germany; London to Brazil; Legacy Meets FinTech
Today in FinTech: Italy to Germany; London to Brazil; Legacy Meets FinTech
May 12, 2022  |  Fintech Investments

In today’s FinTech news, the Italian bank Nets is buying German point of sale firm orderbird, while London financial services firm Ebury signs a deal...

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Mastercard Brings Financial Inclusion Offering to Central America
Mastercard Brings Financial Inclusion Offering to Central America
May 12, 2022  |  Financial Inclusion

Mastercard is rolling out a financial inclusion program in Guatemala, El Salvador and Honduras that will “accelerate the company’s objective of including five million unbanked...

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London FinTech Ebury Expands Global Footprint with Bexs Acquisition
London FinTech Ebury Expands Global Footprint with Bexs Acquisition
May 12, 2022  |  Acquisitions

London financial services firm Ebury signed a deal to acquire Brazilian FinTech Bexs in a move to broaden Ebury’s offerings of global money transfer solutions...

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EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes 
EBA Warns About Non-Bank Lenders, Recommends Regulatory Changes 
May 12, 2022  |  Bank Regulation

The European Banking Authority (EBA) has warned that the largely unharmonized regulatory regimes across Europe regarding non-bank lending may create challenges for stakeholders, including regulators,...

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Splitit Joins Visa Ready for BNPL Program
Splitit Joins Visa Ready for BNPL Program
May 12, 2022  |  Buy Now Pay Later

Buy now, pay later (BNPL) provider Splitit has joined the Visa Ready for BNPL program, the company said in a news release Thursday (May 12)....

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Deserve Adds $250M to Support Growth of Digital Credit Card Platform
Deserve Adds $250M to Support Growth of Digital Credit Card Platform
May 11, 2022  |  Investments

Credit card startup Deserve on Wednesday (May 11) secured a $250 million credit facility with Goldman Sachs, Cross River and Waterfall Asset Management that will...

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Today in FinTech: Savings With Bitcoin; Embedded Finance Tools; Digital Goes Physical 
Today in FinTech: Savings With Bitcoin; Embedded Finance Tools; Digital Goes Physical 
May 11, 2022  |  Fintech Investments

In today’s FinTech news, spare change can add up to (possible) bitcoin wealth with a new savings app for the French, while an embedded finance...

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FIS, Treasury Prime Launch Embedded Finance Tool
FIS, Treasury Prime Launch Embedded Finance Tool
May 11, 2022  |  Partnerships

FinTech firm FIS is working with Banking-as-a-Service (BaaS) startup Treasury Prime to launch an embedded finance tool, according to a Wednesday (May 11) press release....

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