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.

Klarna Adds Open Banking for UK Customers
Klarna Adds Open Banking for UK Customers
March 14, 2024  |  Banking

Swedish payments FinTech Klarna is now offering open banking-powered settlements in the U.K.  “The launch means consumers can now pay Klarna directly from their bank account instead of...

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Critics Blast CFPB’s ‘One-Size-Fits-All’ Approach to Digital Payments Oversight
Critics Blast CFPB’s ‘One-Size-Fits-All’ Approach to Digital Payments Oversight
March 13, 2024  |  CFPB

The Consumer Financial Protection Bureau (CFPB) is overstepping its bounds when it comes to regulating digital payments firms — especially larger players — critics charged...

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Green Dot to Enable Cash Transactions for 3 More FinTechs
Green Dot to Enable Cash Transactions for 3 More FinTechs
March 12, 2024  |  Cash

FinTech companies Repay, Facebank and Pana have joined the Green Dot Network to enable cash transactions and services for their customers. By becoming partners of the network, the three FinTechs can offer...

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VoPay to Expand Embedded Payments Offering with Cross River Partnership
VoPay to Expand Embedded Payments Offering with Cross River Partnership
March 12, 2024  |  Digital-First Banking

VoPay, a provider of embedded payments technology based in Canada, is expanding its operations in the United States by teaming up with Cross River Bank....

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Banking-as-a-Service 2.0 Helps Senders Monetize Instant Payments Ecosystems
Banking-as-a-Service 2.0 Helps Senders Monetize Instant Payments Ecosystems
March 12, 2024  |  Digital Banking

The evolution of money movement, and of banking, are intrinsically linked. That’s why, as money became digitized and embedded, so too did banking, via the...

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Omnichannel Banking Innovation Helps Credit Unions Reduce Member Churn
Omnichannel Banking Innovation Helps Credit Unions Reduce Member Churn
March 12, 2024  |  Credit Unions

Credit unions (CUs), known for their community-focused approach and member-centric values, are navigating a changing financial ecosystem. With the rise of FinTech startups offering cutting-edge...

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APIs and Points of Vulnerability Spotlight BaaS Risks as Platforms Evolve 
APIs and Points of Vulnerability Spotlight BaaS Risks as Platforms Evolve 
March 11, 2024  |  Banking

If there’s a surety in financial services, it’s that hackers and bad actors probe ecosystems and platforms for points of vulnerability, looking for weak links...

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Nexi Picks Mastercard for European Open Banking Partnership
Nexi Picks Mastercard for European Open Banking Partnership
March 11, 2024  |  Partnerships

Nexi has chosen Mastercard to help it support open banking account-based payments throughout Europe. “Through this partnership, Mastercard Open Banking will facilitate e-commerce payments across Nexi’s gateways serving merchants across...

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Expense-Sharing Apps Adapt to Changing Relationship Dynamics
Expense-Sharing Apps Adapt to Changing Relationship Dynamics
March 08, 2024  |  financial apps

Budgeting and managing expenses are fundamental aspects of individual financial well-being.  However, when it comes to couples, these practices take on a heightened significance. Financial...

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