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.

PayFacs Are The New ISOs
PayFacs Are The New ISOs
July 13, 2017  |  Digital Payments

­­­­­­­­­Once upon a time, merchants had direct contractual agreements with the acquirers who signed them up to accept payments. The process was time-consuming, expensive and...

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Looking Beyond Machine Learning To Balance Out Trade Finance Supply And Demand
Looking Beyond Machine Learning To Balance Out Trade Finance Supply And Demand
July 11, 2017  |  B2B Payments

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Its Global...

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How Faster Payments Collaboration Breeds Financial Services Competition
How Faster Payments Collaboration Breeds Financial Services Competition
July 10, 2017  |  B2B Payments

Accelerated payments initiatives like the U.K.’s Faster Payments Scheme (FPS) are only valuable when financial institutions and other players can actually access the service. That’s...

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Mizuho Makes Progress In Blockchain Trade Finance Initiative
Mizuho Makes Progress In Blockchain Trade Finance Initiative
July 10, 2017  |  B2B Payments

Japan’s Mizuho Bank is moving forward with plans to use blockchain for trade finance. The bank said Friday (July 7) that it has completed its...

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Comptroller Concerned About Banks And FinTech Partnerships
Comptroller Concerned About Banks And FinTech Partnerships
July 10, 2017  |  Regulation

Be careful of the company you keep — and the technologies you use. According to The Wall Street Journal, that is the takeaway from the Office...

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VW Investing In LA Connected Car FinTech, AutoGravity
VW Investing In LA Connected Car FinTech, AutoGravity
July 07, 2017  |  Investments

Volkswagen Credit made news on Thursday when it announced that it is taking an equity stake in AutoGravity, a FinTech firm focused on car shopping...

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Previse Lands $2.58M For AI-Powered Invoice Financing Platform
Previse Lands $2.58M For AI-Powered Invoice Financing Platform
July 06, 2017  |  B2B Payments

U.K. startup Previse, an artificial intelligence (AI)-powered invoice financing platform, has announced new seed funding. Recent reports said Previse raised $2.58 million in funding from Hambro Perks,...

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Thai Fintech startup Omise Raises $25M Via A Coin Offering
Thai Fintech startup Omise Raises $25M Via A Coin Offering
July 06, 2017  |  Payment Methods

Omise, a fintech startup headquartered in Thailand, has raised $25 million in new financing via a coin offering. According to a report in TechCrunch, the...

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Valitor Acquires Chip & PIN Solutions To Broaden Its Direct Merchant Services
Valitor Acquires Chip & PIN Solutions To Broaden Its Direct Merchant Services
July 06, 2017  |  Payment Methods

Valitor, a Fintech payment service company announced Wednesday (July 5) the acquisition of Chip & PIN Solutions, a U.K. card-based payment provider. In a press release...

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