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.

Canada’s FinTech Firms Move Posthaste Toward Open Banking
Canada’s FinTech Firms Move Posthaste Toward Open Banking
July 06, 2018  |  B2B Payments

While Open Banking is not exclusive to the European markets, recent PSD2 and Open Banking regulations that came into effect earlier this year offer an...

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For Some Banks, FinTech Spawns Staffing Spree, Others Cut Jobs
For Some Banks, FinTech Spawns Staffing Spree, Others Cut Jobs
July 06, 2018  |  B2B Payments

In banking, there’s a hiring boom afoot, and it’s not at the teller’s window or to staff analysts’ cubicles. Maybe. To be specific, technology is...

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Why Playing In The Sandbox Is Good For FIs
Why Playing In The Sandbox Is Good For FIs
July 06, 2018  |  Innovation

Sandboxing, though a beloved buzzword in the developer community, didn’t get its start in the context of programming or computers at all. Sandboxing was originally...

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Revolut Now Has 1M Customers In The UK
Revolut Now Has 1M Customers In The UK
July 05, 2018  |  Business

Revolut, the U.K. FinTech, announced Wednesday (July 4) it signed up one million customers in the U.K. and saved them over $330 million in fees....

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Bad Loans Slow Banks In FinTech Race
Bad Loans Slow Banks In FinTech Race
July 04, 2018  |  Bank Regulation

FinTech startups and big tech may provide competition for established banks that have bad loans on the books, The European Banking Authority (EBA) said on...

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Airwallex Raises $80M To Expand Its Cross-Border Payment Tech
Airwallex Raises $80M To Expand Its Cross-Border Payment Tech
July 03, 2018  |  Earnings

Airwallex, the international payments company, announced Tuesday (July 3) that it raised $80 million via a round of fundraising. In a press release, the company...

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Investing In The Future As It Unfolds
Investing In The Future As It Unfolds
July 03, 2018  |  Today In Data

Here is a quick survey of the world of payments, commerce, financial services and financial technology at the mid-point of 2018. Everyone is trying to...

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AvidXchange: Crossing The Western Frontier
AvidXchange: Crossing The Western Frontier
June 28, 2018  |  Startup Check-In

What do Charlotte, NC, and Salt Lake City, Utah, have in common? A lot, if you ask AvidXchange CEO Michael Praeger — which is why the...

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With FinTech Pacts, FIs Take Aim At SMBs, Customer Service
With FinTech Pacts, FIs Take Aim At SMBs, Customer Service
June 28, 2018  |  B2B Payments

This past week might have been termed small business (SMB) week, if FinTech and financial institution (FI) announcements were any indication. U.S. Regional bank INTRUST...

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