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.

Collaborative Finance: How SaaS and Embedded Payments Are Changing the Game
Collaborative Finance: How SaaS and Embedded Payments Are Changing the Game
October 14, 2024  |  Payments Innovation

We at PYMNTS have long been covering the trend that, in shorthand, is “embedded everything,” where payments, especially, are being woven inextricably into software and...

READ MORE >
Bank of America Merges FinTech and Technology Investment Banking Teams
Bank of America Merges FinTech and Technology Investment Banking Teams
October 14, 2024  |  Banking

Bank of America has merged its FinTech and technology investment banking teams. The 50 bankers in its FinTech team will join the 200 in its...

READ MORE >
79% of Millennials and Gen Z Turn to Social Media for Financial Advice
79% of Millennials and Gen Z Turn to Social Media for Financial Advice
October 14, 2024  |  Consumer Finance

Social media algorithms have emerged as influential players in the realm of advice, effectively acting as pseudo-advisers for generations eager for financial literacy. A PYMNTS...

READ MORE >
Mercado Libre Sells Record 20 Million Products in August as Argentina Recovers
Mercado Libre Sells Record 20 Million Products in August as Argentina Recovers
October 09, 2024  |  eCommerce

Mercado Libre is witnessing a consumption recovery in Argentina amid a period of “profound economic transition.” The Latin American eCommerce/FinTech platform announced Tuesday (Oct. 8)...

READ MORE >
Mercury Gets $100 Million Credit Warehouse for Corporate Card Business
Mercury Gets $100 Million Credit Warehouse for Corporate Card Business
October 09, 2024  |  Credit Cards

FinTech company Mercury secured a $100 million credit warehouse with Natixis Corporate & Investment Banking to grow its corporate credit card business. In the two...

READ MORE >
Healthcare Providers Turn to Digital Payments to Cut Billing Complexities
Healthcare Providers Turn to Digital Payments to Cut Billing Complexities
October 09, 2024  |  Healthcare

Every pain point has a source, and identifying the source can be the key to finding its cure. Within the healthcare sector especially, many of...

READ MORE >
Cash Flow 2.0: Better Business Payments Create Smarter Treasury Strategies
Cash Flow 2.0: Better Business Payments Create Smarter Treasury Strategies
October 09, 2024  |  B2B Payments

Emerging payment networks and models are rewriting the rules of commercial transactions. And it’s time for chief financial officers and treasurers to cash in. Whether...

READ MORE >
Velera and Kinective Team to Help Credit Unions Integrate Financial Software
Velera and Kinective Team to Help Credit Unions Integrate Financial Software
October 08, 2024  |  Credit Unions

Credit union service organization Velera has launched a partnership with banking software company Kinective. The collaboration gives Velera’s credit union clients access to Kinective’s Gateway, an integration technology...

READ MORE >
TerraPay and Fabrick Team to Further European Cross-Border Payments
TerraPay and Fabrick Team to Further European Cross-Border Payments
October 08, 2024  |  Partnerships

Italy-based open finance company Fabrick has launched a collaboration with money movement firm TerraPay. Initially focused on Fabrick’s home country, the partnership gives businesses access to a platform...

READ MORE >