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.

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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Blockchain Firms Flock To Switzerland’s ‘Crypto Valley’
Blockchain Firms Flock To Switzerland’s ‘Crypto Valley’
July 12, 2018  |  Cryptocurrency

Zug is a small town near Zürich with only about 30,000 residents, yet it is impacting the FinTech world in a big way. The town,...

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Glint Plans Expansion To US, Tata Capital Launches Working Capital Platform
Glint Plans Expansion To US, Tata Capital Launches Working Capital Platform
July 12, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes U.K.-based Callcredit’s upcoming name change to TransUnion. In addition, Glint...

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Paidy Raises $55M In Round Of Funding
Paidy Raises $55M In Round Of Funding
July 12, 2018  |  Investments

Paidy, the company that instantly issues post-pay credit accounts linked to mobile phone numbers, announced on Thursday (July 12) that it raised $55 million in a...

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