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 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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NEW DATA: Why 80 Percent of Top FI Performers Put User Engagement First
NEW DATA: Why 80 Percent of Top FI Performers Put User Engagement First
June 27, 2018  |  Innovation

What does offering top-notch customer experience mean in the digital age? As recent research from PYMNTS reveals, the most innovative FIs know that providing exceptional...

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How PNC Is Adapting To The Rise Of AI
How PNC Is Adapting To The Rise Of AI
June 27, 2018  |  Digital Banking

More than 90 percent of FIs will use AI technology by 2024, but banks risk breaking their user experience as they race to embrace AI,...

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Modo: Interoperability Is Payments’ Better Mouse Trap
Modo: Interoperability Is Payments’ Better Mouse Trap
June 26, 2018  |  Startup Check-In

There are a lot of different ways to pay for things. That’s not news to PYMNTS or its readers — but now, people in the...

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