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.

VersaBank Includes USD in Expanded Testing of Closed Ecosystem for DDRs
VersaBank Includes USD in Expanded Testing of Closed Ecosystem for DDRs
November 29, 2021  |  Cybersecurity

Digital banking and cyber security solutions platform VersaBank is expanding the closed ecosystem testing for Digital Deposit Receipts (DDRs) and will include the U.S. dollar,...

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Digital Payments Represent 66% of Total Operating Revenue in Bulgaria’s FinTech Sector
Digital Payments Represent 66% of Total Operating Revenue in Bulgaria’s FinTech Sector
November 25, 2021  |  Digital Payments

FinTechs in Bulgaria achieved a record of BGN 1.86 billion ($1.03 billion) in 2020, a roughly 20% increase compared to 2019, helped by the boost...

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Visa Invests in Open Banking Platform Basiq
Visa Invests in Open Banking Platform Basiq
November 24, 2021  |  Investments

Australia-based open banking platform Basiq will use an investment from Visa to step up its API efforts, according to a Wednesday (Nov. 24) blog post...

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SoftBank Leading Upcoming Juspay Investment Round
SoftBank Leading Upcoming Juspay Investment Round
November 23, 2021  |  Investments

Japanese investment company SoftBank is likely to lead the upcoming $100 million to $120 million fundraising round for FinTech Juspay, according to a report in...

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Moneyhub, Expense Once Team on Credit Card Payment Reconciliation
Moneyhub, Expense Once Team on Credit Card Payment Reconciliation
November 23, 2021  |  Spend Management

Open finance data, intelligence and payments platform Moneyhub has joined forces with expense management software company Expense Once to leverage the efficiencies of open banking...

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Venture Funding Chases FinTech Focus on Payments Last Mile, Compliance
Venture Funding Chases FinTech Focus on Payments Last Mile, Compliance
November 23, 2021  |  Fintech Investments

The conventional wisdom in payments holds that over the past few years, everything has changed. Get the Full Story Complete the form to unlock this...

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AmEx Lured Business Customers with Fraudulent Sales Pitch
AmEx Lured Business Customers with Fraudulent Sales Pitch
November 22, 2021  |  Banking

American Express’ pitch to business customers that using an AmEx card to pay employees and suppliers turned out to be built on a flawed premise...

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MoonPay Nets $555M in Series A, Pushing Value to $3.4B
MoonPay Nets $555M in Series A, Pushing Value to $3.4B
November 22, 2021  |  Investments

Crypto payments infrastructure provider MoonPay Inc. has generated $555 million in an all-equity Series A funding round, driving the 2-year-old company’s valuation to $3.4 billion,...

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Mastercard Launches Innovation Lab in Israel with Enel X
Mastercard Launches Innovation Lab in Israel with Enel X
November 22, 2021  |  Partnerships / Acquisitions

Mastercard partnered with Italian energy multinational firm Enel X to open the FinSec Innovation Lab in Beersheba, Israel, which is dedicated to working with early-stage...

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