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.

Today in FinTech Ukraine: Revolut Raises $10.9M for War Victims; Santander Bank Suspends Fees on Transfers
Today in FinTech Ukraine: Revolut Raises $10.9M for War Victims; Santander Bank Suspends Fees on...
March 11, 2022  |  International

Revolut, the global financial super app, has raised more than 10 million euros ($10.9 million) to support victims of the war in Ukraine through donations...

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Today in Data: Inside the Numbers Behind Russia’s Attack on Ukraine
Today in Data: Inside the Numbers Behind Russia’s Attack on Ukraine
March 11, 2022  |  Today In Data

Today in Data, the Utah Jazz teams up with Airbnb to provide temporary housing for Ukrainians in crisis during Russian attacks. Plus, big brands calculate...

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Denmark’s FinTech Cardlay Closes $6M Financing Deal
Denmark’s FinTech Cardlay Closes $6M Financing Deal
March 11, 2022  |  Investments

The Danish FinTech B2B company Cardlay has received a $6 million cash infusion and hired a chief technical officer, the company announced Wednesday (March 9)....

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Banking as a Service Paves Way for New Revenue Streams, Financial Super Apps
Banking as a Service Paves Way for New Revenue Streams, Financial Super Apps
March 11, 2022  |  Banking

We’re headed toward a not-too-distant future when every retailer can act like a FinTech. As i2c President Jim McCarthy told PYMNTS’ Karen Webster, every firm...

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UK Banks, FinTechs Team up to Bring Belated Tech Boost to Loyalty Industry
UK Banks, FinTechs Team up to Bring Belated Tech Boost to Loyalty Industry
March 11, 2022  |  Loyalty & Rewards

Loyalty programs and reward schemes are very popular in the U.K., with a recent PYMNTS report revealing that about 40% of the U.K.’s 67 million...

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Today in FinTech: AstroPay Furthers Latam Expansion; Romania Clears Elrond’s Twispay Buy; Paxos Granted Digital Payments License
Today in FinTech: AstroPay Furthers Latam Expansion; Romania Clears Elrond’s Twispay Buy; Paxos Granted Digital...
March 10, 2022  |  Digital Payments

In today’s FinTech news, AstroPay is launching Payment Links in Peru, Chile, Mexico and Colombia, and the Romanian central bank gave the green light to...

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PYMNTS’ FinTechIPO™ Index Plummets on Disappointing Earnings News
PYMNTS’ FinTechIPO™ Index Plummets on Disappointing Earnings News
March 10, 2022  |  IPO

Thus far, nearly toward the end of the first quarter of 2022, we see a trend emerging for the FinTech IPO tracker. That trend is:...

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Today in FinTech Ukraine: Ukraine Receives Almost $100M in Crypto Donations; Payment Platform Hedgewiz to Aid Ukrainian Workers; Airbnb.org Helps Refugees
Today in FinTech Ukraine: Ukraine Receives Almost $100M in Crypto Donations; Payment Platform Hedgewiz to...
March 10, 2022  |  International

As Ukrainians flee heavy fighting from Russian forces, the Eastern European nation has received nearly $100 million in cryptocurrency donations, according to Alex Bornyakov, Ukraine’s...

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EMEA Daily: McDonald’s Estimates Russian Eatery Shutdown Will Cost $50B Monthly; Visa, MLG Collaborate on Contactless Transit in North Africa
EMEA Daily: McDonald’s Estimates Russian Eatery Shutdown Will Cost $50B Monthly; Visa, MLG Collaborate on...
March 10, 2022  |  International

In today’s top Europe, Middle East and Africa news, McDonald’s chief financial officer has predicted the fast-food chain will lose $50 million per month, or...

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