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.

Mastercard Launches Program For Minority FinTech Founders
Mastercard Launches Program For Minority FinTech Founders
June 09, 2021  |  Financial Inclusion

On Wednesday (June 9), Mastercard announced the launch of a new Start Path track, a program designed to support “traditionally underrepresented FinTech founders.” The company...

READ MORE >
Plaid Launches Capital One Open Finance Partnership
Plaid Launches Capital One Open Finance Partnership
June 09, 2021  |  Banking

Plaid announced a new open finance partnership with Capital One on Wednesday (June 9), just as the FinTech is completing its migration to the Capital...

READ MORE >
Banks Need To Embrace SMBs Or Lose Them To A FinTech That Does
Banks Need To Embrace SMBs Or Lose Them To A FinTech That Does
June 09, 2021  |  Digital-First Banking

According to PYMNTS’ Making Loyalty Work For Small Businesses produced in collaboration with Pollinate, nearly half of consumers said they think it is critical to...

READ MORE >
Today In Payments Around The World: Nium To Buy Ixaris; Worldline, Toshiba Team On Checkout Kiosk
Today In Payments Around The World: Nium To Buy Ixaris; Worldline, Toshiba Team On Checkout...
June 08, 2021  |  International

In today’s top payments news around the world, Nium announced that it would purchase Ixaris as part of an international expansion, while Worldline announced it...

READ MORE >
Hong Kong To Explore CBDCs In ‘FinTech 2025’ Strategy
Hong Kong To Explore CBDCs In ‘FinTech 2025’ Strategy
June 08, 2021  |  International

The Hong Kong Monetary Authority (HKMA) said in a press release Tuesday (June 8) it wants to make sure Hong Kong is ready to issue...

READ MORE >
Credit Sesame Raises $51 Million, Acquires FinTech Software Platform
Credit Sesame Raises $51 Million, Acquires FinTech Software Platform
June 08, 2021  |  Investments

Credit Sesame has raised $51 million in growth capital and has seen its premium subscriptions grow by 200 percent annually, the financial wellness platform announced...

READ MORE >
Google Cloud Exec Derek White Takes Reins At Galileo Financial
Google Cloud Exec Derek White Takes Reins At Galileo Financial
June 08, 2021  |  Personnel

A veteran Google executive, Derek White, has been hired for the top spot at payments processor Galileo Financial Technologies. White succeeds Galileo CEO and founder...

READ MORE >
Berkshire Hathaway’s $500 Million Boosts Nubank’s 2021 Take To $1.15 Billion
Berkshire Hathaway’s $500 Million Boosts Nubank’s 2021 Take To $1.15 Billion
June 08, 2021  |  Investments

Investors keep flocking to financial technology company (FinTech) Nubank. On Tuesday (June 8), Nubank announced both a $500 million investment from Berkshire Hathaway and another...

READ MORE >
Foreign Investors Pour Millions Into Pakistan’s FinTech Startups
Foreign Investors Pour Millions Into Pakistan’s FinTech Startups
June 07, 2021  |  Investments

Foreign investors are pouring millions of dollars into Pakistan’s FinTech startups as two new funding deals — KTrade and Abhi — notch an infusion of...

READ MORE >