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.

With Digital Checking, Goldman’s Marcus Looks to Create 153-Year-Old Neobank
With Digital Checking, Goldman’s Marcus Looks to Create 153-Year-Old Neobank
April 15, 2022  |  Banking

Goldman Sachs was founded in 1869. But the giant financial services firm is proving nimble enough, and tech-savvy enough, to remake itself as a neobank....

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Open Banking Platforms Strive to Balance Security and Ease of Use
Open Banking Platforms Strive to Balance Security and Ease of Use
April 15, 2022  |  Digital-First Banking

Open banking is emerging across every market, but it’s doing so at different paces, for different reasons and in the face of different challenges. “I...

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Today in FinTech Ukraine: Renesas Electronics Gives €1M; P2P Lenders Step Up
Today in FinTech Ukraine: Renesas Electronics Gives €1M; P2P Lenders Step Up
April 14, 2022  |  International

Renesas Electronics Corp., a provider of advanced semiconductors, has decided to donate €1 million to UNHCR, the UN High Commission for Refugees, to help support...

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Today in FinTech: Affirm Enhances Poshmark; Veriff Expands KYC Services; Cross River Teams With Revolut 
Today in FinTech: Affirm Enhances Poshmark; Veriff Expands KYC Services; Cross River Teams With Revolut 
April 14, 2022  |  Connected Economy

In today’s FinTech news, buy now, pay later (BNPL) innovator Affirm is teaming up with digital secondhand clothing pioneer Poshmark to bring style to an...

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Revolut Partners With Cross River Bank to Offer Financial Services in US
Revolut Partners With Cross River Bank to Offer Financial Services in US
April 14, 2022  |  Consumer Finance

Cross River Bank, a technology infrastructure provider offering embedded financial solutions, has partnered with financial app Revolut, a press release said. The intent is to...

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Cash-Back Credit Cards Increase Financial Flexibility, Spending Power of MENA Consumers
Cash-Back Credit Cards Increase Financial Flexibility, Spending Power of MENA Consumers
April 14, 2022  |  Loyalty & Rewards

Like other emerging markets, the Middle East and North Africa (MENA) has one of the largest underbanked populations in the world, with more than 90%...

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Today in FinTech: Circle Closer to Becoming a Bank; Central Banks Question Need for CBDCs
Today in FinTech: Circle Closer to Becoming a Bank; Central Banks Question Need for CBDCs
April 13, 2022  |  Technology

In today’s FinTech news, cryptocurrency firm Circle Internet Finance is one step closer to becoming a bank, while Libeo is launching one-click accounts receivable (AR)...

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Today in the FinTech Ukraine Daily: Crisis Response Charity CORE Distributes Cash to Ukrainian Refugees
Today in the FinTech Ukraine Daily: Crisis Response Charity CORE Distributes Cash to Ukrainian Refugees
April 13, 2022  |  International

With more than 4 million Ukrainians displaced by the war, humanitarian aid is urgently needed. In response, the Community Organized Relief Effort (CORE) announced Wednesday...

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Brazil FinTech Stark Bank Raises $45M With Jeff Bezos’ Support
Brazil FinTech Stark Bank Raises $45M With Jeff Bezos’ Support
April 13, 2022  |  Investments

São Paulo, Brazil-based FinTech Stark Bank received $45 million in a Series B round with support from Amazon Executive Chairman Jeff Bezos, Bloomberg reported Monday...

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