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.

Digital Licenses To Shake Up Singapore Banking
Digital Licenses To Shake Up Singapore Banking
June 28, 2019  |  Banking

The central bank in Singapore has announced that it will issue five digital bank licenses to eligible applicants, according to a report by Reuters.  Get...

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Jaja Buys Bank Of Ireland UK Card Business
Jaja Buys Bank Of Ireland UK Card Business
June 28, 2019  |  Partnerships / Acquisitions

To acquire the Bank of Ireland’s U.K. credit card business, mobile-first company Jaja will pay an initial cash consideration of $671 million at current rates....

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Eastern Labs Brings Innovation To Four Generations’ Needs
Eastern Labs Brings Innovation To Four Generations’ Needs
June 28, 2019  |  Digital Banking

Millennials have particular banking needs — but, of course, so do the baby boomer, Gen X and Gen Z generations. That puts pressure on banks...

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Creative Group FinTech Lands $25M To Expand Into 30 Countries
Creative Group FinTech Lands $25M To Expand Into 30 Countries
June 27, 2019  |  Investments

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. The funding will be used to help the company expand...

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Visa Launches Installment APIs For Issuers And Merchants
Visa Launches Installment APIs For Issuers And Merchants
June 27, 2019  |  VISA

The installment lending playing field just got more interesting — and global — today (June 27). Visa announced that it will bring the power and...

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Delivering a Generation-Bridging Banking Experience
Delivering a Generation-Bridging Banking Experience
June 27, 2019  |  Digital Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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How Banks Can Compete With FinTechs Under PSD2
How Banks Can Compete With FinTechs Under PSD2
June 25, 2019  |  Regulation

With Open Banking expanding across the EU, legacy FIs are increasingly at risk of losing customers to FinTech firms that now have access to previously...

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Community Bank Acquires SMB Digital Bank Seed
Community Bank Acquires SMB Digital Bank Seed
June 25, 2019  |  B2B Payments

Community financial institution (FI) Cross River Bank is acquiring Seed, a small business (SMB) digital banking company, reports in Reuters said on Monday (June 24)....

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Razer Gaming Company Teams With Visa For Online Payments
Razer Gaming Company Teams With Visa For Online Payments
June 24, 2019  |  Digital Payments

Razer, a gaming hardware company based in Singapore, has partnered with Visa to offer a prepaid card that will let the company’s 60 million users...

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