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.

The Search For Relief From Banks’ ‘Suffocating’ Legacy Infrastructure
The Search For Relief From Banks’ ‘Suffocating’ Legacy Infrastructure
March 28, 2019  |  B2B Payments

FinTech competition quickly ended banks’ practice of turning a blind eye to a lack of digital offerings. With more options than ever, customers demand better...

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Line To Expand Into Payments, FinTech To Avoid Complacency
Line To Expand Into Payments, FinTech To Avoid Complacency
March 28, 2019  |  Fintech Investments

Line, the Asian messaging company majority owned by Naver, the South Korean Internet search company, is expanding its business into payments and other FinTech services....

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FinTech Startup Qupital Raises $15M For Chinese Expansion
FinTech Startup Qupital Raises $15M For Chinese Expansion
March 28, 2019  |  Investments

FinTech startup Qupital announced that it has closed a $15 million Series A, led by CreditEase FinTech Investment Fund (CEFIF). Get the Full Story Complete...

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Can AI Turn Banks Into FinTech Firms?
Can AI Turn Banks Into FinTech Firms?
March 28, 2019  |  Artificial Intelligence

There are no incumbent banks that are not paying attention to what the challenger banks are doing. What might have been written off even five years ago as a...

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Why Credit Unions Crush Loyalty
Why Credit Unions Crush Loyalty
March 28, 2019  |  Credit Unions

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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First Three Digital Banking Licenses Awarded In Hong Kong
First Three Digital Banking Licenses Awarded In Hong Kong
March 27, 2019  |  Digital Banking

Hong Kong has issued its first digital banking licenses, in a move toward strengthening the city’s financial sector, according to reports. Get the Full Story...

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NY Fed Creates FinTech Advisory Group
NY Fed Creates FinTech Advisory Group
March 26, 2019  |  Banking

The Federal Reserve Bank of New York has announced the creation of the Fintech Advisory Group to bridge the communication gap between the FinTech industry...

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Wirecard Shares Jump 30 Pct Post-Investigation
Wirecard Shares Jump 30 Pct Post-Investigation
March 26, 2019  |  Security & Fraud

Shares in Wirecard, which were down on allegations of misconduct involving its Singapore office, have rebounded on positive news from an investigation by an outside...

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Has Alternative Lending Seen Its VC Peak?
Has Alternative Lending Seen Its VC Peak?
March 26, 2019  |  Alternative Finances

In 2015, news outlets ran articles about the “gold mine” of venture capital investments in the alternative finance sector. The industry indeed proved to be lucrative...

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