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.

Chime Stops Using Word ‘Bank’ After Regulator’s Pushback
Chime Stops Using Word ‘Bank’ After Regulator’s Pushback
May 05, 2021  |  Legal

Chime has been forced to ditch the use of the word “bank” in describing its services as it is not properly licensed, a court filing...

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FIS Teams With NYDIG To Allow Bitcoin Purchases From Bank Accounts
FIS Teams With NYDIG To Allow Bitcoin Purchases From Bank Accounts
May 05, 2021  |  Bitcoin

The FinTech company FIS said it can provide banks with an “industry-first solution” to give customers the ability to buy, sell and hold bitcoin using...

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South Africa’s MTN Group First-Quarter Revenue Up 18 Pct
South Africa’s MTN Group First-Quarter Revenue Up 18 Pct
May 05, 2021  |  Earnings

Mobile operator MTN Group, headquartered in Johannesburg, Africa, reported first-quarter 2021 results that moved past medium-term guidance, driven in part by an uptick in data...

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Today In Payments: EPI Looks To Topple US FinTechs; Sweden’s Trustly Scraps $950 Million IPO Plans
Today In Payments: EPI Looks To Topple US FinTechs; Sweden’s Trustly Scraps $950 Million IPO Plans
May 03, 2021  |  News

In today’s top news, the European Payments Initiative aims to take on U.S. FinTechs with a new pan-European payments firm, and Trustly is scrapping its...

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High Growth, And High Risk: Solving The Compliance Challenge Of Cannabis Banking
High Growth, And High Risk: Solving The Compliance Challenge Of Cannabis Banking
May 03, 2021  |  B2B Payments

Cannabis has a banking problem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Brex Leads A Busy Week In B2B FinTech Funding
Brex Leads A Busy Week In B2B FinTech Funding
April 30, 2021  |  B2B Payments

Corporate card startup Brex made headlines this week with its funding round that propelled its valuation to $7.4 billion. It was certainly the largest deal...

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Connected Economy: Banks As The Trusted ‘Glue’
Connected Economy: Banks As The Trusted ‘Glue’
April 30, 2021  |  Digital-First Banking

Big Tech and FinTech firms are busy creating their own connected ecosystems while striking up relationships with banks, making traditional financial services firms part of...

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Virgin Money Teams With Trade Ledger On Business Lending Tech
Virgin Money Teams With Trade Ledger On Business Lending Tech
April 29, 2021  |  B2B Payments

Virgin Money is collaborating with FinTech Trade Ledger as it keeps developing its corporate banking offering, according to a Thursday (April 29) announcement. Get the...

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French Competition Agency: Banks Risk ‘Marginalization’ In Face Of Big Tech, FinTechs
French Competition Agency: Banks Risk ‘Marginalization’ In Face Of Big Tech, FinTechs
April 29, 2021  |  Banking

France’s competition agency has concluded an investigation into banks, Big Tech and the financial technology (FinTech) sectors, with a warning that vigilance is needed due...

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