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.

Federal Reserve Bank of Philadelphia Report Finds FinTech Lending Crucial for SMBs
Federal Reserve Bank of Philadelphia Report Finds FinTech Lending Crucial for SMBs
April 26, 2022  |  Loans

Main Street small and medium businesses (SMBs) are still struggling with cashflow issues as the pandemic wanes, but they’ve come to rely on the new...

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CFPB Dusts off Old Rule to Investigate FinTech
CFPB Dusts off Old Rule to Investigate FinTech
April 26, 2022  |  CFPB

The Consumer Financial Protection Bureau (CFPB) announced yesterday, April 25, 2022, that it will start using a largely unused legal provision to examine nonbank financial...

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Payments Startup Airwallex Could Seek $150M Funding
Payments Startup Airwallex Could Seek $150M Funding
April 26, 2022  |  Investments

Payments platform Airwallex could seek $150 million in an extended Series E funding round while the startup also explores a possible initial public offering (IPO)...

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Crypto Firms Face Turf War With FinTechs, Neobanks Over Service Offerings
Crypto Firms Face Turf War With FinTechs, Neobanks Over Service Offerings
April 26, 2022  |  Cryptocurrency

Embedded cryptocurrency infrastructure is coming soon to a financial firm near you. So says Edward Woodford, CEO of crypto infrastructure provider Zero Hash. From neobanks...

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Paysend CEO: Cross-Border Payments Have Failed Consumers and SMBs
Paysend CEO: Cross-Border Payments Have Failed Consumers and SMBs
April 25, 2022  |  Cross-border Payments

“Why should it take longer to send money anywhere than sending a WhatsApp message or text message?” It’s a question that Ronnie Millar, co-founder and...

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Tajik B2B FinTech Alif Prepares to Enter Pakistan’s Unbanked SMB Market
Tajik B2B FinTech Alif Prepares to Enter Pakistan’s Unbanked SMB Market
April 24, 2022  |  Financial Inclusion

Alif, a FinTech based in Tajikistan, is looking at getting more into the Pakistan FinTech space to help the unbanked, according to a report Sunday...

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Malaysia’s HWGC Holdings Acquires Digital Payment Firm HWGG and Fintech Scion
Malaysia’s HWGC Holdings Acquires Digital Payment Firm HWGG and Fintech Scion
April 24, 2022  |  Acquisitions

HWGC Holdings, which is quoted on the OTCQB market, announced Friday (April 22) that it will acquire two financial technology companies, furthering the company’s blockchain...

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Today in FinTech: Stripe Connect Assists Freelancers; Fed Master Accounts Help FinTechs
Today in FinTech: Stripe Connect Assists Freelancers; Fed Master Accounts Help FinTechs
April 22, 2022  |  Technology

In today’s FinTech news, freelancers and creators are getting paid faster with Stripe Connect, while the Federal Reserve is opening up master accounts to more...

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Tencent Buys Stake in UK Business Payments FinTech Previse
Tencent Buys Stake in UK Business Payments FinTech Previse
April 22, 2022  |  Investments

Giant Chinese technology holding company Tencent is leading a funding round in British FinTech Previse, SkyNews reported Thursday (April 21). The entire round Series B...

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