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.

VC Seems To Fizzle Out For B2B FinTechs
VC Seems To Fizzle Out For B2B FinTechs
February 09, 2018  |  B2B Payments

Once again, alternative finance generated the most backing from investors this week — though not from venture capitalists (VCs). Instead, VCs leaned conservatively toward a mix...

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CFOs Shift Away From The Stereotype
CFOs Shift Away From The Stereotype
February 08, 2018  |  B2B Payments

Canada’s financial services market is counting itself among the ranks of the transformative ones of the world. The nation is embracing faster payments and FinTech...

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States Press Regulators To Simplify FinTech Licensing
States Press Regulators To Simplify FinTech Licensing
February 06, 2018  |  Bank Regulation

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting...

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Today In Data: Visa, Mastercard And Apple All Release Earnings Results
Today In Data: Visa, Mastercard And Apple All Release Earnings Results
February 02, 2018  |  Today In Data

Today in PYMNTS data, Visa earnings topped expectations, Mastercard saw positive outcomes and Apple underwhelmed market watchers in their recently released earnings reports. In addition,...

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B2B FinTech Turns Away From VCs For Funds
B2B FinTech Turns Away From VCs For Funds
February 02, 2018  |  B2B Payments

This week was not, by any means, the biggest week in B2B FinTech venture capital. A modest $33.7 million landed among corporate accounting, supply chain...

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Moven To Buy US Bank, Create Joint Venture In Japan With SBI
Moven To Buy US Bank, Create Joint Venture In Japan With SBI
February 01, 2018  |  Partnerships / Acquisitions

Mobile-first bank Moven has signed a memorandum of understanding (MoU) with financial services provider SBI Group, the Japanese owner of SoftBank. According to a report...

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NEW DATA: The Four Things That Define A Top FI Payments Performer
NEW DATA: The Four Things That Define A Top FI Payments Performer
January 24, 2018  |  Innovation

The financial services industry is no stranger to innovation, but it increasingly appears that change in the space is being driven by outsiders instead of the financial...

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How RBC Uses AI To Help Clients Manage Money
How RBC Uses AI To Help Clients Manage Money
January 23, 2018  |  Digital Banking

Historically, bank-driven personal financial management (PFM) solutions have been met with a lackluster reception. Rami Thabet, Royal Bank of Canada’s VP of Mobile, tells PYMNTS how AI is changing that, helping...

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NEW REPORT: How AI Helps Banks Close The PFM Gap
NEW REPORT: How AI Helps Banks Close The PFM Gap
January 22, 2018  |  Digital Banking

The mobile devices in consumers’ pockets are getting smarter, and consumers are increasingly using those intelligent capabilities to manage their money. Now, banks are turning to...

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