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.

Chicago, Mastercard And GCBA Launch Tech Pilot Program
Chicago, Mastercard And GCBA Launch Tech Pilot Program
September 16, 2016  |  Partnerships / Acquisitions

The Windy City is looking to improve its digital infrastructure with the help of the Global Cities Business Alliance (GCBA) and Mastercard. The three-way partnership...

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PayU Inks $130 Million Deal To Buy Citrus Pay
PayU Inks $130 Million Deal To Buy Citrus Pay
September 15, 2016  |  Partnerships / Acquisitions

PayU, the global online payment service provider, announced on Wednesday (Sept. 14) that Citrus Pay, an Indian payments technology player, will become part of its...

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Apple To Face Opposition From Seoul Firms Over Closed NFC
Apple To Face Opposition From Seoul Firms Over Closed NFC
September 13, 2016  |  Apple

Apple is about to face opposition from a group of Seoul-based financial technology firms that are gearing up to file a complaint with the Korean...

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Backbase And Entersekt Team To Deliver Authentication Tech
Backbase And Entersekt Team To Deliver Authentication Tech
September 05, 2016  |  Authentication

Backbase, an omnichannel digital banking company, and Entersekt, a transaction authentication and mobile security company, announced last week they have partnered to deliver authentication technology...

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The Fight For Financial Fiefdom
The Fight For Financial Fiefdom
September 01, 2016  |  Alternative Finances

FinTech startups are escalating the fight for territory in the financial services sector. Once reliant on traditional banks for services such as deposit holding and...

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CreditEase Rolls Out SME FinTech Platform In China
CreditEase Rolls Out SME FinTech Platform In China
September 01, 2016  |  B2B Payments

China-based lending platform CreditEase is expanding its financial services offering. Reports on Wednesday (Aug. 31) said the company has rolled out a new FinTech platform,...

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Singapore Reforms Laws For FinTech Push
Singapore Reforms Laws For FinTech Push
August 30, 2016  |  International

Singapore is preparing for a FinTech revolution. The small nation is making a big push in support of FinTech innovation by reforming its payment laws....

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