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.

FIS Launches Networking Program for FinTech Startups
FIS Launches Networking Program for FinTech Startups
January 31, 2024  |  Startups

Financial services technology firm FIS has launched its 2024 FIS Fintech Hangout Series. The program, announced Wednesday (Jan. 31), connects FinTech startups, investors, financial institutions, FIS experts and...

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Kriya Secures $64 Million Debt Facility to Scale B2B Payments
Kriya Secures $64 Million Debt Facility to Scale B2B Payments
January 31, 2024  |  B2B Payments

London-based FinTech company Kriya has secured a new 50-million-pound (about $64 million) debt facility to scale its B2B payments volumes. The new funding will allow...

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Regulator Closes Paytm’s Bank After ‘Persistent Noncompliances’
Regulator Closes Paytm’s Bank After ‘Persistent Noncompliances’
January 31, 2024  |  Regulation

India’s banking regulator ordered Paytm Payments Bank to stop conducting business. The Reserve Bank of India made the order Wednesday (Jan. 31), saying an audit...

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GenAI Gives Businesses a Much-Needed Data Assist
GenAI Gives Businesses a Much-Needed Data Assist
January 31, 2024  |  Artificial Intelligence

Artificial intelligence is hardly a novel concept. According to Mangopay Chief Product Officer Kirk Donohoe manifestations of AI and predictive AI have been part of...

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Lawmakers Oppose CFPB’s Proposed Rule on Supervising Nonbank Financial Firms
Lawmakers Oppose CFPB’s Proposed Rule on Supervising Nonbank Financial Firms
January 30, 2024  |  CFPB

Three members of Congress have urged the Consumer Financial Protection Bureau (CFPB) to reopen and extend the public comment period on its proposed rule that would allow it to...

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Nuvei Integrates Payments and AR Automation Into Microsoft Dynamics 365
Nuvei Integrates Payments and AR Automation Into Microsoft Dynamics 365
January 30, 2024  |  SMBs

Canadian FinTech company Nuvei launched its first integration into Microsoft Dynamics 365 Business Central. The integration will enable small- to medium-sized businesses (SMBs) to incorporate...

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Visa Invites Applications for FinTech Accelerator Program in Africa
Visa Invites Applications for FinTech Accelerator Program in Africa
January 29, 2024  |  Startups

Visa launched the second cohort for its Africa FinTech Accelerator program. The program aims to provide mentorship, training and networking opportunities to startups in Africa, the digital payments firm said...

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i2c and TBOM Partner to Help FinTechs Create Digital Banking Products
i2c and TBOM Partner to Help FinTechs Create Digital Banking Products
January 25, 2024  |  Digital Banking

i2c and The Bank of Missouri (TBOM) have partnered to help FinTechs accelerate their launch of digital banking products. With this five-year partnership, TBOM, a community bank with...

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Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
Ransomware Attacks Spotlight Need for FIs to Gauge Third-Party Risk 
January 24, 2024  |  Security & Fraud

The fraudsters grow ever-wilier, the attacks more brazen. And effective. A blog post this week from the Atlanta Federal Reserve noted that “at least” 60 credit...

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