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.

Robinhood Nearing A Valuation Of At Least $7 Billion
Robinhood Nearing A Valuation Of At Least $7 Billion
May 29, 2019  |  Fintech Investments

Robinhood Markets, the operator of a free mobile trading app, is close to garnering a valuation of $7 billion or more. CNBC, citing two people...

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Sureswipe Acquisition Aims To Cash In On Card Machine Growth
Sureswipe Acquisition Aims To Cash In On Card Machine Growth
May 29, 2019  |  Fintech Investments

A group of investors has acquired Sureswipe, a South African payments company, for an undisclosed amount. The investors were led by Apis Partners LLP and...

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In Europe, Cross-Border FinTech And FI Efforts Eye Speed And Remittances
In Europe, Cross-Border FinTech And FI Efforts Eye Speed And Remittances
May 28, 2019  |  B2B Payments

FinTech firms are making strides in cross-border payments and tie-ups with more traditional players, as evidenced by Numbrs linking with German insurer Allianz. Elsewhere, faster payments...

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OpenFin’s Plans To Bridge The Financial Services Desktop App Gap
OpenFin’s Plans To Bridge The Financial Services Desktop App Gap
May 28, 2019  |  Innovation

Building and deploying new apps for the financial desktops that keep Wall Street humming can be friction-filled endeavors. Traders and analysts juggle tasks across several platforms,...

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OCC Seeks Public Comment On Innovation Pilot Program
OCC Seeks Public Comment On Innovation Pilot Program
May 27, 2019  |  Regulation

The headlines in recent weeks tied to the Office of the Comptroller of the Currency (OCC) have centered on legal disputes over national bank charters...

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Revolut FinTech Gets Twice The Complaints Of Rival Monzo
Revolut FinTech Gets Twice The Complaints Of Rival Monzo
May 27, 2019  |  Digital Banking

Revolut, the U.K. FinTech, has more than double the complaints from customers that rival Monzo received during the years between 2015 and 2018. The Financial...

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FinCEN Calls For Private Sector Innovation
FinCEN Calls For Private Sector Innovation
May 24, 2019  |  Security & Fraud

The Financial Crimes Enforcement Network (FinCEN) is launching an initiative called the FinCEN Innovation Hours Program, as a call to private sector companies that have...

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Smarter Payments Mean More Secure And More Seamless Payments
Smarter Payments Mean More Secure And More Seamless Payments
May 24, 2019  |  Payments Innovation

The rise of global payments has meant the need for smarter payments, according to the new Smarter Payments Playbook. In the study, PYMNTS discovered that...

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How FinTechs Take On Electronic Payments With Integrated Receivables
How FinTechs Take On Electronic Payments With Integrated Receivables
May 24, 2019  |  Payments Innovation

Integrated receivables have received a significant amount of interest and press in the banking space: DadeSystems President and CEO Bill Zayas, for instance, told PYMNTS in...

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