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.

FinTech Vet Silvio Tavares Named VantageScore Head
FinTech Vet Silvio Tavares Named VantageScore Head
October 12, 2021  |  Personnel

FinTech veteran Silvio Tavares was appointed president and CEO of VantageScore Solutions and will bring his expertise from the Digital Commerce Alliance (DCA), a banking...

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Big-Name Partnerships Advance Continent-Wide Ambitions of Pan-African Payments Startup Flutterwave
Big-Name Partnerships Advance Continent-Wide Ambitions of Pan-African Payments Startup Flutterwave
October 12, 2021  |  Digital Payments

FinTech payments company Flutterwave continues to expand aggressively on the African continent, cementing its place as Africa’s leading payments technology company. Get the Full Story...

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MobiKwik Moving Forward with Indian IPO 
MobiKwik Moving Forward with Indian IPO 
October 11, 2021  |  IPO

Indian digital wallet and payments startup MobiKwik now has the blessing of markets regulator Securities and Exchange Board of India (Sebi) for an initial public...

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Esker’s New B2B Payments Platform Aims to Improve Cash Flow Mgmt
Esker’s New B2B Payments Platform Aims to Improve Cash Flow Mgmt
October 10, 2021  |  B2B Payments

Esker has rolled out a new set of integrated payment capabilities and strategic FinTech partnerships to help businesses unlock cash flow, according to a press...

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JPMC, BoA, Other Big Banks Squeezed by Soaring Tech Costs
JPMC, BoA, Other Big Banks Squeezed by Soaring Tech Costs
October 10, 2021  |  Banking

The biggest U.S. banks are feeling the crunch of higher technology costs as they try to compete with rising FinTechs, the Financial Times (FT) reported....

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ClearBank Expands Into Multi-Currency Offerings for FIs, FinTechs
ClearBank Expands Into Multi-Currency Offerings for FIs, FinTechs
October 10, 2021  |  B2B Payments

Cloud-based clearing bank ClearBank has rolled out a new multi-currency solution intended to cut down on friction for FinTechs and financial institutions (FIs) working with...

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Capital One Buys Travel FinTech Lola
Capital One Buys Travel FinTech Lola
October 08, 2021  |  Partnerships / Acquisitions

Capital One has acquired the staff and software of Boston travel tech startup Lola in an effort to boost its FinTech footprint in the Boston...

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BIS Conference: PBoC Boss Yi Gang Warns of More FinTech Enforcement
BIS Conference: PBoC Boss Yi Gang Warns of More FinTech Enforcement
October 08, 2021  |  International

Enforcement against technology companies that engage in anti-competitive practices will remain an enforcement focus of the People’s Bank of China (PBoC), central bank governor Yi...

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African FinTech Finclusion Raises $20M for Enterprise Development
African FinTech Finclusion Raises $20M for Enterprise Development
October 08, 2021  |  Investments

Finclusion Group, which works with online monetary and credit score providers using artificial intelligence (AI)-driven methods across Africa, recently raised $20 million for enterprise development...

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