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.

Paytm CEO Forecasts Profitability in Under a Year
Paytm CEO Forecasts Profitability in Under a Year
December 20, 2023  |  Digital Payments

Paytm is reportedly overhauling its wealth management operations as the FinTech aims to fast-track profitability. Part of the plan also involves the Indian company hiring more than...

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Traditional Payment Methods Remain Relevant Despite Real-Time Innovations
Traditional Payment Methods Remain Relevant Despite Real-Time Innovations
December 19, 2023  |  Real-Time Payments

In a rapidly changing digital world where real-time payments are becoming increasingly popular, it’s easy to assume that traditional payment methods like wire transfers and...

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Visa Adds Real-Time Money Movement to FinTech Fast Track
Visa Adds Real-Time Money Movement to FinTech Fast Track
December 18, 2023  |  Payment Methods

Visa is letting members of its FinTech Fast Track program join its Visa Direct platform. The move expands the program beyond card issuance and gives members access to...

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FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
FinTech Bankruptcies and Speedbumps Prove Digitization Offers No Straight Path to Viability
December 18, 2023  |  Business

There’s no smooth sailing for corporates into the end of 2023. As 2023 becomes 2024, and as we spotlighted here, the pandemic era relief has...

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CSI Acquires Hawthorn River to Improve Loan Processing
CSI Acquires Hawthorn River to Improve Loan Processing
December 18, 2023  |  Acquisitions

FinTech CSI has acquired banking software firm Hawthorn River to enhance the loan origination capabilities of CSI customers.  This acquisition will add Hawthorn River’s single-platform loan...

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Indian FinTechs Struggle After Crackdown on Unsecured Loans
Indian FinTechs Struggle After Crackdown on Unsecured Loans
December 18, 2023  |  Loans

India’s recent crackdown on unsecured consumer loans has reportedly placed increased pressure on FinTech lenders. The Financial Times (FT) examined the state of companies such...

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Young SMBs Can’t Find Enough Business Financing
Young SMBs Can’t Find Enough Business Financing
December 15, 2023  |  SMBs

Working capital is the lifeblood of businesses of all sizes, and to those companies just starting, access to financing can mean the difference between stagnation...

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BNPL Field Gets Crowded as the Payment Method’s Popularity Among Travelers Grows
BNPL Field Gets Crowded as the Payment Method’s Popularity Among Travelers Grows
December 15, 2023  |  Buy Now Pay Later

One constant through the past few months, even in the paycheck-to-paycheck economy, has been the urge to travel, to get away from it all, to...

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FinTech IPO Index Jumps 7.3%, Lending Platforms Soar as Fed Signals Rate Cuts   
FinTech IPO Index Jumps 7.3%, Lending Platforms Soar as Fed Signals Rate Cuts   
December 15, 2023  |  IPO

The Fed’s signaled a pause for now — and rate cuts on the horizon. The near-term horizon, that is, and as has been widely reported,...

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