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.

Galileo Expands BNPL Offering for Banks and FinTechs
Galileo Expands BNPL Offering for Banks and FinTechs
March 19, 2024  |  Buy Now Pay Later

Galileo Financial Technologies has launched an expansion of its buy now, pay later (BNPL) offering. The company now lets banks and FinTechs offer cardholders new post-purchase...

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‘Co-opetition’ Helps Banks and FinTechs Embrace Digital Innovation
‘Co-opetition’ Helps Banks and FinTechs Embrace Digital Innovation
March 19, 2024  |  Banking

Conventional wisdom might hold that the great digital shift has shaken up banking, spurring financial institutions to innovate and push new offerings through digital channels....

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FashionGo Adds Net Terms Solution to B2B Marketplace
FashionGo Adds Net Terms Solution to B2B Marketplace
March 18, 2024  |  B2B Payments

FashionGo has launched a net terms solution for buyers on its online B2B wholesale marketplace for the fashion industry. The new Dynamic Net Terms solution is tailored to...

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Open Banking Allows More SMB Data to Be Used in Financing Decisions
Open Banking Allows More SMB Data to Be Used in Financing Decisions
March 18, 2024  |  SMBs

Small- to medium-sized businesses (SMBs) represent a puzzle that banks have long struggled to solve. SMBs need fast, flexible and digital-first solutions that help rather...

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Report: Shift4 CEO Says Bids From Buyers Fall Short
Report: Shift4 CEO Says Bids From Buyers Fall Short
March 17, 2024  |  Acquisitions

Shift4 Payments’ CEO is reportedly unhappy with the offers from potential buyers for his firm. Chief Executive Jared Isaacman said those bids failed to “sufficiently value”...

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Report: Nuvei on Verge of Buyout Deal With Advent
Report: Nuvei on Verge of Buyout Deal With Advent
March 17, 2024  |  Acquisitions

Canadian FinTech Nuvei is reportedly close to being acquired by private equity company Advent International. The payments processor, backed by actor/investor Ryan Reynolds, is in...

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Mercado Libre Investing $2.5 Billion to Bolster Growth in Mexico
Mercado Libre Investing $2.5 Billion to Bolster Growth in Mexico
March 15, 2024  |  eCommerce

Latin American eCommerce and payments firm Mercado Libre is reportedly set to invest a record $2.5 billion in Mexico this year, up from the $1.6...

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Customer Is Still King and Queen of Banking Innovation
Customer Is Still King and Queen of Banking Innovation
March 15, 2024  |  Banking

In a world where change is constant, digitization has become one of life’s certainties. This advancement is coming to even traditionally staid sectors like financial...

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Report: Brazil Central Bank President Roberto Campos Neto Aims to Form FinTech
Report: Brazil Central Bank President Roberto Campos Neto Aims to Form FinTech
March 14, 2024  |  Digital Banking

Roberto Campos Neto, the president of Brazil’s central bank, is reportedly planning to establish a FinTech firm in Miami following the conclusion of his term in...

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