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.

New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve
New Debit Rules Pose Security Hoops for Banks — and Enterprises They Serve
March 10, 2022  |  Digital-First Banking

“Payments fraud isn’t localized to just one industry or one business — it’s widespread and pervasive. The fraudsters are only getting more creative,” Paramita Bhattacharjee,...

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Africa FinTech Sector Continues Upward Trend, Payment Firms Continue to Dominate
Africa FinTech Sector Continues Upward Trend, Payment Firms Continue to Dominate
March 10, 2022  |  International

After a difficult 2020 during which global investment plummeted due to the pandemic, 2021 emerged as a very successful year for both public and private...

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FinTech Startup Lendai Raises $35M for AI-Based Underwriting System
FinTech Startup Lendai Raises $35M for AI-Based Underwriting System
March 09, 2022  |  Investments

FinTech startup Lendai has raised $35 million in equity and debt seed funding, ZDNet reported Wednesday (March 9). This additional funding will let the company...

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Today in FinTech: Atlantic Money Emerges From Stealth; Backers Wanted for MTN’s FinTech Unit
Today in FinTech: Atlantic Money Emerges From Stealth; Backers Wanted for MTN’s FinTech Unit
March 09, 2022  |  Fintech Investments

In today’s FinTech news, Atlantic Money emerges from stealth mode with fixed-rate money transfers, while South African telecom MTN seeks investors for its FinTech unit....

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Today in the FinTech Ukraine Daily: Airbnb, Utah Jazz Foundation Team to Provide Housing for Ukrainian Refugees
Today in the FinTech Ukraine Daily: Airbnb, Utah Jazz Foundation Team to Provide Housing for...
March 09, 2022  |  International

The Utah Jazz Foundation is partnering with Airbnb.org, a nonprofit that provides temporary stays for people in crisis, to  provide housing to refugees fleeing Ukraine,...

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EMEA Daily: Telecom MTN Looks for Investors in FinTech Unit; UK-Based Open Finance Partnership Platform mmob Raises $6.6M
EMEA Daily: Telecom MTN Looks for Investors in FinTech Unit; UK-Based Open Finance Partnership Platform...
March 09, 2022  |  International

In today’s top Europe, Middle East, and Africa news, South African telecom MTN is seeking minority investors after separating its FinTech unit from its traditional...

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Investing App Acorns Raises $300M, Lifts Valuation to $1.9B
Investing App Acorns Raises $300M, Lifts Valuation to $1.9B
March 09, 2022  |  Fintech Investments

Irvine, California-based FinTech startup Acorns has raised $300 million from private investors, CNBC reported Wednesday (March 9). Acorns specializes in micro-investing and robo-investing. Following the...

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Telecom MTN Looks for Investors in FinTech Unit
Telecom MTN Looks for Investors in FinTech Unit
March 09, 2022  |  Investments

South African telecom MTN is looking for minority investors for its FinTech unit after separating it from its traditional business to capitalize on the division’s...

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Singapore FinTech Cake DeFi Will Invest in Web3, NFTs with $100M VC Arm
Singapore FinTech Cake DeFi Will Invest in Web3, NFTs with $100M VC Arm
March 09, 2022  |  NFTs

Singapore-based cryptocurrency FinTech platform Cake DeFi on Wednesday (March 9) launched a $100 million venture capital investment arm — Cake DeFi Ventures — that will...

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