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.

PiggyVest Seeks to Boost Consumer Savings and Investment in Nigeria’s ‘Low Trust Environment’
PiggyVest Seeks to Boost Consumer Savings and Investment in Nigeria’s ‘Low Trust Environment’
February 24, 2022  |  Digital-First Banking

There aren’t many FinTech start-ups born out of viral Twitter posts. But in 2015, a tweet from a woman in Nigeria who had broken open...

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ValueAct Joins Fiserv Board, Wants to ‘Aggressively Invest’ in Clover
ValueAct Joins Fiserv Board, Wants to ‘Aggressively Invest’ in Clover
February 23, 2022  |  Fintech Investments

ValueAct, an activist investor, has gotten a seat on Fiserv’s board because of a settlement with the FinTech and payments firm, Bloomberg reported Wednesday (Feb....

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Hong Kong’s Virtual Banks Woo Customers With Cash Prizes, Numberless Credit Cards
Hong Kong’s Virtual Banks Woo Customers With Cash Prizes, Numberless Credit Cards
February 23, 2022  |  Digital Banking

Several virtual banks have been gaining advantage in Hong Kong by luring consumers to leave brick-and-mortar lenders, The Wall Street Journal reported Wednesday (Feb. 23)....

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Payments Processor i2c, App Developer Swell Team to Create Integrated Financial Platform
Payments Processor i2c, App Developer Swell Team to Create Integrated Financial Platform
February 23, 2022  |  Partnerships

I2c, which provides digital payment and banking technology, announced a strategic relationship Wednesday (Feb. 23) with Swell Financial, which works in automatic spending control and...

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Today in FinTech: Credit Unions Turn to FinTech Partnerships to Level the Playing Field
Today in FinTech: Credit Unions Turn to FinTech Partnerships to Level the Playing Field
February 23, 2022  |  Banking

In today’s FinTech news, credit unions are finding that to compete like a FinTech, they need to grab a partner, while South African FinTech startup...

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Revolut Lets Users Book Trips Now, Pay Later
Revolut Lets Users Book Trips Now, Pay Later
February 23, 2022  |  Buy Now Pay Later

Financial super app Revolut has launched a new tool for its travel product Stays that lets customers book their stay and pay when they arrive,...

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Berlin FinTech Forget Finance Raises 3.5M Euros
Berlin FinTech Forget Finance Raises 3.5M Euros
February 23, 2022  |  Investments

Berlin personal finance FinTech Forget Finance raised 3.5 million euros ($3.96 million) in seed funding led by venture capital firms btov Partners and UVC Partners,...

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German Virtual Bank Penta Aims for $500M Valuation
German Virtual Bank Penta Aims for $500M Valuation
February 23, 2022  |  Investments

German digital business banking platform Penta is speaking with potential investors as it seeks a valuation of between $453 million and $567 million (400 million...

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Security, Trust Key to Consumer Adoption of Open Banking
Security, Trust Key to Consumer Adoption of Open Banking
February 23, 2022  |  Digital-First Banking

Americans have opened new accounts, taken out additional loans and carried balances in the past year, and many showed preferences for managing all of this...

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