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.

NEW REPORT: State Street Chief On Cost-Benefits Of AI
NEW REPORT: State Street Chief On Cost-Benefits Of AI
July 19, 2018  |  Digital Banking

Banks are increasingly turning to AI as they look to gain an edge over their competition. In fact, over 80 percent of banks with more...

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Bitcoin Daily: Mastercard Gets Crypto Patent, BitPay Receives ‘BitLicense’ In NY
Bitcoin Daily: Mastercard Gets Crypto Patent, BitPay Receives ‘BitLicense’ In NY
July 18, 2018  |  Bitcoin

SBI Holdings’ own crypto trading platform, VCTRADE, has gone live, according to Cryptovest. At launch, the platform will reportedly support trading of the Japanese yen with Ripple’s...

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NY Regulator Looks To Interest Rate Caps For FIs And FinTech Firms
NY Regulator Looks To Interest Rate Caps For FIs And FinTech Firms
July 17, 2018  |  B2B Payments

A speed bump may loom in NY, where the state regulatory is drawing a bead on traditional FI/FinTech linkups, with interest rates on lending (including...

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Revolut Flagged Money Laundering Evidence A Few Months Back
Revolut Flagged Money Laundering Evidence A Few Months Back
July 17, 2018  |  Security & Fraud

Revolut, the U.K. digital bank, identified evidence of money laundering on its digital payment system, which prompted it to alert authorities including the National Crime...

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A Global View Of Small Business Optimism
A Global View Of Small Business Optimism
July 16, 2018  |  B2B Payments

What’s it like to be a small business owner? It depends where one is based, according to the latest data. In Europe, small businesses are...

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Wells Fargo’s Q2 Disappoints After Scandals
Wells Fargo’s Q2 Disappoints After Scandals
July 13, 2018  |  Earnings

Wells Fargo, which is working to recover from a series of regulatory scandals that have impacted trust with customers, reported lower than expected earnings and...

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Creating The New Payments And Commerce Normal
Creating The New Payments And Commerce Normal
July 13, 2018  |  Today In Data

The pace of payments is getting faster — because the demand and expectations are on the rise. Gig workers and those living paycheck to paycheck...

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Lawmakers Say FinTech, Not Dodd-Frank, Should Be GOP Focus
Lawmakers Say FinTech, Not Dodd-Frank, Should Be GOP Focus
July 13, 2018  |  Regulation

U.S. Representative Patrick McHenry thinks it’s time for the GOP to move on from its mission to kill the Dodd-Frank Act. McHenry, a front-runner to...

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Ex-CFPB Director, Raj Date, Helps Cryptos Remain Compliant
Ex-CFPB Director, Raj Date, Helps Cryptos Remain Compliant
July 13, 2018  |  CFPB

Raj Date, a former Consumer Financial Protection Bureau (CFPB) deputy director turned venture capitalist, is launching a new firm that will consult cryptocurrency and digital banking...

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