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.

PayPal, Google Give OCC’s Bank Charter The Cold Shoulder
PayPal, Google Give OCC’s Bank Charter The Cold Shoulder
June 17, 2019  |  B2B Payments

The dispute over the Office of the Comptroller of the Currency‘s (OCC’s) national bank charter, which became available to FinTech firms last year, has reportedly...

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How FinTechs Tackle Interoperability With New Public Standards
How FinTechs Tackle Interoperability With New Public Standards
June 17, 2019  |  Retail

Sometimes there are two approaches to the same problem in FinTech: EMVCo’s recently released EMV Secure Remote Commerce (SRC) Specification version 1.0 promises to enable...

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Brex Propels B2B FinTech Into Investors’ Spotlights
Brex Propels B2B FinTech Into Investors’ Spotlights
June 14, 2019  |  B2B Payments

Commercial card startup Brex captured headlines this week when it confirmed a significant funding round that propelled the two-year-old startup’s valuation to $2.6 billion. The...

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UK Digital Bank Monzo Crosses Pond To US
UK Digital Bank Monzo Crosses Pond To US
June 13, 2019  |  Banking

Digital bank Monzo, based in the United Kingdom, is crossing the pond. Reuters reports that the company has reached U.S. shores, debuting with what is...

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Revolut Expands Beta Version Into Australia
Revolut Expands Beta Version Into Australia
June 13, 2019  |  International

Financial technology company Revolut has ventured beyond Europe and into Australia as of Thursday (June 13), according to a report. However, it won’t have all...

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Bento Introduces Digital Payment Solution For SMBs
Bento Introduces Digital Payment Solution For SMBs
June 12, 2019  |  B2B Payments

Bento for Business, a B2B payments company, has introduced a new product called Bento Pay, a digital payments solution that “eliminates the need to write...

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Vietnam’s mPOS And Vimo To Combine Into NextPay
Vietnam’s mPOS And Vimo To Combine Into NextPay
June 11, 2019  |  Partnerships / Acquisitions

Two Hanoi-based FinTech startups, Vimo Technology and mPOS Technology, are merging to create NextPay Holdings, according to reports. The CEO of mPOS Technology, Nguyen Huu...

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Apple Pay Adds Support For Netherlands, Revolut Users
Apple Pay Adds Support For Netherlands, Revolut Users
June 11, 2019  |  Digital Payments

Apple Pay has added support for users in the Netherlands and also expanded services for Revolut users, according to reports. The service launched in Luxembourg...

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How Banks Balance New SMB Tech (Without Nixing The Old)
How Banks Balance New SMB Tech (Without Nixing The Old)
June 11, 2019  |  B2B Payments

The U.S. banking industry is an ever-evolving machine, shaped and disrupted by FinTech, regulation and shifting customer expectations. Until recently, these changes rarely impacted the...

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