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.

Small Firms Demand Higher Speed, Lower Costs In Global Payments
Small Firms Demand Higher Speed, Lower Costs In Global Payments
May 03, 2019  |  B2B Payments

Small businesses (SMBs) are rarely early adopters of new financial technology (FinTech). However, with business owners and entrepreneurs often taking a page out of their...

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Plaid Is Looking To Hire In Europe
Plaid Is Looking To Hire In Europe
May 01, 2019  |  Investments

Plaid, the FinTech platform provider that recently raised $250 million in venture funding, is gearing up to expand into Europe. According to a report in...

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Three Metrics CUs Can Use To Retain Members
Three Metrics CUs Can Use To Retain Members
May 01, 2019  |  Credit Unions

With 57 percent of credit union members readily willing to leave for another financial institution for better data security, the rapidly growing industry is potentially...

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Cross River And Cloud Payment Co RS2 Form Digital Banking Partnership
Cross River And Cloud Payment Co RS2 Form Digital Banking Partnership
April 30, 2019  |  Digital Banking

Cross River Bank, a company that provides banking services for FinTechs, has partnered with payments processor and tech provider RS2 Software to provide an improved...

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First Data Q1 Revenue Sails Past Wall Street Views
First Data Q1 Revenue Sails Past Wall Street Views
April 30, 2019  |  Earnings

Financial technology company First Data posted first-quarter earnings results that matched Wall Street’s earnings per share estimates and surpassed revenue expectations. In a press release,...

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Ireland Boosts FinTech Development Efforts
Ireland Boosts FinTech Development Efforts
April 30, 2019  |  B2B Payments

Ireland’s finance minister wants to add thousands of jobs to its international financial services arena, in part, by a focus on FinTech development. Recent days have...

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VC Fintech Investing Declines In First Quarter
VC Fintech Investing Declines In First Quarter
April 30, 2019  |  Investments

Investing on the part of venture capitalists in financial technology startups — otherwise known as FinTechs — declined during the first quarter of 2019, with China...

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Three Metrics CUs Can Use To Retain Members
Three Metrics CUs Can Use To Retain Members
April 30, 2019  |  Credit Unions

Credit unions (CUs) are a popular alternative to traditional banks, with 5,613 CUs in operation as of January 2019, and 195,000 new memberships added in...

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