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.

EU Banks Investigated For Blocking FinTech Access To Customer Data
EU Banks Investigated For Blocking FinTech Access To Customer Data
October 10, 2017  |  Europe

EU antitrust authorities have launched an investigation into whether Dutch and Polish banking associations and their members are blocking FinTech companies from accessing customer account...

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Open Banking And The Consumer Data Conundrum
Open Banking And The Consumer Data Conundrum
October 03, 2017  |  Payment Methods

PSD2 looms, and so does a new era of data sharing.  Opt-ins will replace opt-outs, and for U.K. startup Tail, open banking APIs mean better...

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PingPong Secures Payment License From Luxembourg Government
PingPong Secures Payment License From Luxembourg Government
September 29, 2017  |  eCommerce

PingPong Financial Group, a Chinese FinTech company, has received a Payment Institution (PI) license from the government of Luxembourg. In a press release, the company...

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Why Banks Need FinTech To Address Their Own Complicated Treasuries
Why Banks Need FinTech To Address Their Own Complicated Treasuries
September 29, 2017  |  B2B Payments

Banks are finding it more difficult than ever to ignore potential FinTech partnerships that could better serve their corporate customers. When it comes to corporate...

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Staking Out Territory In An Increasingly Crowded Digital Field
Staking Out Territory In An Increasingly Crowded Digital Field
September 29, 2017  |  Digital Banking

Can being first to market with innovations help a banking startup standout in the ever-expanding sea of digital options? In the latest PYMNTS Digital Banking...

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NEW REPORT: How Starling Bank Uses Tech To Woo Customers And Challenge Incumbents
NEW REPORT: How Starling Bank Uses Tech To Woo Customers And Challenge Incumbents
September 28, 2017  |  Digital Banking

The smartphone revolution long ago forced most, if not all, banks and other financial institutions (FIs) to begin offering mobile financial management solutions. Now, however,...

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AltFin Leads Funding, But Up-And-Coming SMB Tech Is Close Behind
AltFin Leads Funding, But Up-And-Coming SMB Tech Is Close Behind
September 22, 2017  |  B2B Payments

Once again, the world’s alternative SMB lending industry regained the spotlight, with key deals in Asia and South America placing the industry in the top...

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Why B2B May Be The Key To Europe’s FinTech Pursuit
Why B2B May Be The Key To Europe’s FinTech Pursuit
September 21, 2017  |  B2B Payments

Europe is on the path to entice FinTechs. European Union (EU) finance ministers met this week to discuss ways in which the EU can ensure...

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Credit Union’s Key To Survival: Listen, Learn, Repeat
Credit Union’s Key To Survival: Listen, Learn, Repeat
September 20, 2017  |  Credit Unions

How can older credit unions keep up with younger, sexier FinTechs? In the latest PYMNTS Credit Union Tracker™, powered by CO-OP Financial Services, Doug Marshall,...

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