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.

Banking/FinTech Collaboration Grows In China
Banking/FinTech Collaboration Grows In China
May 09, 2019  |  B2B Payments

In China, digital financial services gain ground among collaborative efforts between tech-savvy upstarts and traditional players. Elsewhere, Monetary Authority of Singapore is eyeing digital-only banking...

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SoFi Introduces Index Fund Aimed At Gig Economy
SoFi Introduces Index Fund Aimed At Gig Economy
May 08, 2019  |  Investments

San Francisco-based FinTech startup SoFi, known as a company that deals with student debt, has been steadily expanding into other markets, like home and personal...

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Singapore Mulls Issuing Digital-Only Bank Licenses
Singapore Mulls Issuing Digital-Only Bank Licenses
May 07, 2019  |  Digital Banking

Singapore’s financial regulator, the Monetary Authority of Singapore (MAS), is in talks about letting online banks operate in the city. According to a report in...

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Innovative Ecosystem Draws FinTech Firms To Toronto
Innovative Ecosystem Draws FinTech Firms To Toronto
May 06, 2019  |  Innovation

Toronto is a powerhouse for financial innovation in Canada: The city has the most sizable ecosystem for FinTech in the country, with 185 startups per...

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SoftBank Invests $20M In Mexican FinTech Clip
SoftBank Invests $20M In Mexican FinTech Clip
May 06, 2019  |  Investments

Japanese capital group SoftBank has invested $20 million in Clip, a Mexican FinTech startup that offers a mobile credit card reader for smartphones. Businesses all...

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FinTech Firms Tackle PCI Burdens With Hosted Checkout
FinTech Firms Tackle PCI Burdens With Hosted Checkout
May 06, 2019  |  Retail

PCI compliance is top of mind for many organizations, with a burden and commitment from the chief financial officer (CFO) suite that is not nominal...

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FinTech Charter Hits Speed Bump
FinTech Charter Hits Speed Bump
May 06, 2019  |  Regulation

The suit can proceed. The news came Thursday (May 2) that, per a ruling in federal court in New York, the State Department of Financial...

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