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.

Synapse Bankruptcy Trustee Finds $85 Million ‘Shortfall’ Amid Tangled Web of Accounts
Synapse Bankruptcy Trustee Finds $85 Million ‘Shortfall’ Amid Tangled Web of Accounts
June 07, 2024  |  Legal

Former Federal Deposit Insurance Corp. Chair Jelena McWilliams will present her initial findings as trustee of Synapse’s Chapter 11 bankruptcy case Friday afternoon (June 7)....

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5 Ideas to Transform Cross-Border Commerce With Blockchain Solutions
5 Ideas to Transform Cross-Border Commerce With Blockchain Solutions
June 07, 2024  |  Blockchain

Cross-border payments innovations are turning global growth frictions into modern fictions. Or, at least, they are working on it. Ripple and Clear Junction announced Wednesday...

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Digital Wallet Provider Curve Appoints CEO to Drive US Growth
Digital Wallet Provider Curve Appoints CEO to Drive US Growth
June 07, 2024  |  Personnel

Digital wallet provider Curve has appointed Nancy Yaffa as its USA CEO and Reeta K. Holmes as its new board member. These appointments come at...

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FinTech IPO Index Ticks Down as Earnings Season Wraps Up
FinTech IPO Index Ticks Down as Earnings Season Wraps Up
June 07, 2024  |  Fintech Investments

The first week of June brought scant movement for the FinTech IPO Index overall, as the group moved 0.6% lower, and earnings continued to trickle...

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Torpago Raises $10 Million to Support White-Label Expense Management Platform
Torpago Raises $10 Million to Support White-Label Expense Management Platform
June 06, 2024  |  Spend Management

Torpago has raised $10 million in a Series B funding round to support its white-label commercial credit card and expense management platform designed for banks....

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Slip Raises $3.2 Million to Grow Receipt Data Startup
Slip Raises $3.2 Million to Grow Receipt Data Startup
June 06, 2024  |  Retail

British receipt data startup Slip has raised $3.2 million in seed funding.  “Having launched the product last year and seeing great results so far, this...

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5 Things to Watch as Open Banking Gains Ground in the US
5 Things to Watch as Open Banking Gains Ground in the US
June 06, 2024  |  Regulation

Open banking’s success in the United States — as with any ecosystem — will hinge on several factors, none guaranteed. But, with lessons learned from...

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Consumer-Permissioned Data Expansion Gives Rise to New Data Brokers
Consumer-Permissioned Data Expansion Gives Rise to New Data Brokers
June 05, 2024  |  Data

The rise of consumer-permissioned data in the U.S. promises to expand the credit landscape. And for the “connectors” and the “collectors” of that data —...

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Inter Focuses on Brazilian Migrants to Drive US Growth
Inter Focuses on Brazilian Migrants to Drive US Growth
June 05, 2024  |  Business

Brazilian online lender Inter&Co is expanding its efforts in the United States, with a focus on replicating its success in Brazil’s online banking sector. With a...

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