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.

Zero Raises $20M To Launch Cash-Back Debit Card
Zero Raises $20M To Launch Cash-Back Debit Card
May 23, 2019  |  Investments

Zero, a company that aims to modernize credit cards for the millennial generation, has raised $20 million in a Series A funding round, according to...

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Lights Out For Loot?
Lights Out For Loot?
May 23, 2019  |  Banking

When businesses get sold, the deals can happen for a variety of reasons. The buyers can be strategic, looking for technology or staff to help...

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Bank/FinTech Harmony Sets Stage For AP Automation
Bank/FinTech Harmony Sets Stage For AP Automation
May 23, 2019  |  Payments Innovation

The B2B space needs to transform from paper-based to automated process — and nowhere is this more apparent than with accounts payable (AP). As Jessica Moran,...

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Plaid Launches Direct Funds Transfer Ecosystem
Plaid Launches Direct Funds Transfer Ecosystem
May 22, 2019  |  Innovation

A new service launched Wednesday (May 22) called Plaid Direct enables “two-way connectivity across the financial ecosystem and makes it easier for consumers to move money...

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TransferWise Becomes Europe’s Most Valuable FinTech
TransferWise Becomes Europe’s Most Valuable FinTech
May 22, 2019  |  Fintech Investments

TransferWise, the U.K. money transfer startup, has raised $292 million in a round of funding, giving it a valuation of $3.5 billion. To date, TransferWise...

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Citi: Why And How To Bring More Collaboration To Payments
Citi: Why And How To Bring More Collaboration To Payments
May 22, 2019  |  Payments Innovation

There is no “i” in team — every coach’s mantra. Guess what, though? That’s only half the story when it comes to the concept of...

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German FinTech Raisin Eyes US Expansion
German FinTech Raisin Eyes US Expansion
May 21, 2019  |  Digital Banking

German FinTech company Raisin, an investment and savings marketplace, is looking to expand its business into the U.S., according to a report by Reuters. The...

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Wells Fargo Taps TransferMate For Global Invoicing
Wells Fargo Taps TransferMate For Global Invoicing
May 20, 2019  |  Cross Border Commerce

TransferMate Global Payments, the cross-border B2B payments provider, announced Monday (May 20) it inked a deal with Wells Fargo to deliver its Global Invoice Connect...

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How FIs Are Taking Anti-Money Laundering Precautions
How FIs Are Taking Anti-Money Laundering Precautions
May 20, 2019  |  AML

With one of the world’s biggest money laundering scandals just a few months old, it’s a fitting time to look into the state of security and...

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