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.

Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
November 14, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mintos‘ €5 million Series A raise. In addition, Singapore’s...

READ MORE >
On-Demand Payroll Without The Cash Flow Disruption
On-Demand Payroll Without The Cash Flow Disruption
November 14, 2018  |  B2B Payments

The payroll industry — and its biweekly or monthly pay schedule — hasn’t changed in decades. However, as awareness grows about the dangers of predatory...

READ MORE >
TRENDING: IBM’s Plan To Help Banks Embrace Open Banking
TRENDING: IBM’s Plan To Help Banks Embrace Open Banking
November 14, 2018  |  API

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
SMBs Aren’t The Only Ones Threatening To Switch Banks: Ovum
SMBs Aren’t The Only Ones Threatening To Switch Banks: Ovum
November 13, 2018  |  B2B Payments

As Europe and the U.K. continue efforts to boost competition in the financial services (FinServ) space, much of their attention has landed on small companies’...

READ MORE >
Where Bank Account Data Alone Falls Short For SMB FinTech
Where Bank Account Data Alone Falls Short For SMB FinTech
November 13, 2018  |  B2B Payments

An application program interface (API) ecosystem is growing to transform the financial services (FinServ) sector, and small business (SMB) banking won’t be left out of...

READ MORE >
Community Banks Debut FinTech Alliance
Community Banks Debut FinTech Alliance
November 13, 2018  |  Partnerships / Acquisitions

In the United States, a consortium of collaborators across FIs and FinTech firms has taken shape. Across the Pond, joint efforts among traditional finance firms...

READ MORE >
How ERP Tech Can Empower — Not Combat — The Notorious Spreadsheet
How ERP Tech Can Empower — Not Combat — The Notorious Spreadsheet
November 12, 2018  |  B2B Payments

Chief financial officers (CFOs) often have a love-hate relationship with their enterprise resource planning (ERP) systems. They’re a staple of corporate finance and, as of...

READ MORE >
Online Lender SoFi Sees $12M Loss In Q3
Online Lender SoFi Sees $12M Loss In Q3
November 12, 2018  |  Earnings

Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The...

READ MORE >
Big Tech’s FinServ Moves Prompt EU Regulatory Probe
Big Tech’s FinServ Moves Prompt EU Regulatory Probe
November 11, 2018  |  Regulation

Moves on the part of Amazon and Google to enter the financial services market is prompting European financial regulators to mull whether or not the...

READ MORE >