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.

Govt. Control And Trade Wars Hit Chinese Tech Firms
Govt. Control And Trade Wars Hit Chinese Tech Firms
November 14, 2018  |  International

The growth of the tech industry in China has seemed unstoppable, marked by consumers and gamers numbering in the hundreds of millions – and revenues...

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Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
November 14, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mintos‘ €5 million Series A raise. In addition, Singapore’s...

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On-Demand Payroll Without The Cash Flow Disruption
On-Demand Payroll Without The Cash Flow Disruption
November 14, 2018  |  B2B Payments

The payroll industry — and its biweekly or monthly pay schedule — hasn’t changed in decades. However, as awareness grows about the dangers of predatory...

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TRENDING: IBM’s Plan To Help Banks Embrace Open Banking
TRENDING: IBM’s Plan To Help Banks Embrace Open Banking
November 14, 2018  |  API

Open banking initiatives are changing the way banks operate and engage with third parties and partners. However, those are not the only changes the movement...

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SMBs Aren’t The Only Ones Threatening To Switch Banks: Ovum
SMBs Aren’t The Only Ones Threatening To Switch Banks: Ovum
November 13, 2018  |  B2B Payments

As Europe and the U.K. continue efforts to boost competition in the financial services (FinServ) space, much of their attention has landed on small companies’...

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Where Bank Account Data Alone Falls Short For SMB FinTech
Where Bank Account Data Alone Falls Short For SMB FinTech
November 13, 2018  |  B2B Payments

An application program interface (API) ecosystem is growing to transform the financial services (FinServ) sector, and small business (SMB) banking won’t be left out of...

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Community Banks Debut FinTech Alliance
Community Banks Debut FinTech Alliance
November 13, 2018  |  Partnerships / Acquisitions

In the United States, a consortium of collaborators across FIs and FinTech firms has taken shape. Across the Pond, joint efforts among traditional finance firms...

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How ERP Tech Can Empower — Not Combat — The Notorious Spreadsheet
How ERP Tech Can Empower — Not Combat — The Notorious Spreadsheet
November 12, 2018  |  B2B Payments

Chief financial officers (CFOs) often have a love-hate relationship with their enterprise resource planning (ERP) systems. They’re a staple of corporate finance and, as of...

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Online Lender SoFi Sees $12M Loss In Q3
Online Lender SoFi Sees $12M Loss In Q3
November 12, 2018  |  Earnings

Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The...

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