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.

Lloyds Launches Open Banking App Feature
Lloyds Launches Open Banking App Feature
February 07, 2019  |  Digital Banking

Lloyds Bank, a British financial institution, has released a new feature to its banking app that will allow customers to see their accounts from other...

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Tink Raises $64M To Bankroll Its European Expansion
Tink Raises $64M To Bankroll Its European Expansion
February 07, 2019  |  Investments

Tink, the Swedish FinTech that wants to create a European-wide open banking platform, announced Thursday (Feb. 7) that it raised 56 million euros — or...

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Blockchain Gets A Nod In The Isle Of Man
Blockchain Gets A Nod In The Isle Of Man
February 06, 2019  |  B2B Payments

The Isle of Man sets up a sandbox for FinTech firms and blockchain efforts. In Japan, some of the largest banks, previously in joint blockchain...

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Raisin Raises $114M To Make Strategic Buys, Expand Internationally
Raisin Raises $114M To Make Strategic Buys, Expand Internationally
February 06, 2019  |  Fintech Investments

Raisin, the pan-European FinTech that operates a marketplace for savings and investment products, announced Wednesday (February 6) that it raised $114 million in venture capital funding,...

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Cross-Border Efforts Mark Open Banking, API Collaborations
Cross-Border Efforts Mark Open Banking, API Collaborations
February 05, 2019  |  B2B Payments

This new age of Open Banking and PSD2 has opened the door to collaboration between banks and FinTech firms — so, too, has it opened the...

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ARK Investment FinTech ETF Tracks Amazon, Square, PayPal
ARK Investment FinTech ETF Tracks Amazon, Square, PayPal
February 05, 2019  |  Fintech Investments

ARK Investment Management has launched its first FinTech-focused exchange-traded fund. The ARK FinTech Innovation ETF (ARKF) began trading publicly on the New York Stock Exchange Arca on Monday...

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FinTech Bud’s Funding Shows Big-Bank Coopetition Motives
FinTech Bud’s Funding Shows Big-Bank Coopetition Motives
February 04, 2019  |  Investments

Bud, a FinTech startup based in the United Kingdom, said Monday (Feb. 4) that it has grabbed $20 million in funding. This latest round, the...

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Rover180 Acquires Vemity To Boost AI Capabilities
Rover180 Acquires Vemity To Boost AI Capabilities
February 04, 2019  |  B2B Payments

Rover180 has acquired Vemity, an Indiana-based company that specializes in artificial intelligence (AI) automation and machine learning. Located in Indianapolis, Rover180 provides alternative supply chain finance...

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Prospect Of ‘No Deal’ Brexit Has FinTechs Scrambling
Prospect Of ‘No Deal’ Brexit Has FinTechs Scrambling
February 01, 2019  |  International

Deal or no deal? No, not the game show, because in the case of “no deal,” it seems like no one wins. That’s a nod...

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