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.

Paymentology Names Marqeta’s Jeff Parker as New CEO
Paymentology Names Marqeta’s Jeff Parker as New CEO
December 12, 2023  |  Personnel

U.K. card issuer Paymentology has named Marqeta veteran Jeff Parker as its new CEO. Parker, who stepped down as managing director of Marqeta last month, will succeed interim Co-CEOs Abe Smith...

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FedFinancial Federal Credit Union Partners With equipifi to Offer BNPL
FedFinancial Federal Credit Union Partners With equipifi to Offer BNPL
December 11, 2023  |  BNPL

FedFinancial Federal Credit Union (FedFinancial FCU), which serves federal employees and their family members in Washington, D.C., and Baltimore, has launched a buy now, pay...

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Citi Provides Investment and Technology to Colombian FinTech Supra
Citi Provides Investment and Technology to Colombian FinTech Supra
December 11, 2023  |  Investments

Citi has led a strategic investment round in Supra, a Colombian FinTech that enables cross-border payments and treasury solutions. Supra provides these solutions to small...

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FinTech CSI Names NCR, FIS Veteran Troy Bradley to Lead Technology Modernization
FinTech CSI Names NCR, FIS Veteran Troy Bradley to Lead Technology Modernization
December 07, 2023  |  Personnel

FinTech company CSI has appointed NCR and FIS veteran Troy Bradley as chief technology officer (CTO).  In his new role, Bradley will lead CSI’s technology modernization strategy, aligning its network, security and software...

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Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments
Manufacturers Favor Digital Giants Over Banks to Deliver Real-Time Payments
December 07, 2023  |  Faster Payments

The manufacturing sector is undergoing a significant transformation in its payment practices, with a growing emphasis on real-time payments. In fact, instant payments have emerged...

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Citi Invests in and Expands Use of FinTech Firm Icon Solutions
Citi Invests in and Expands Use of FinTech Firm Icon Solutions
December 06, 2023  |  Investments

Citi has invested in payments technology company Icon Solutions as it modernizes its payments platform. The investment, made via Citi Treasury and Trade Solutions, comes as Citi also plans...

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Zeller Adds Corporate Cards to Financial Services Ecosystem
Zeller Adds Corporate Cards to Financial Services Ecosystem
December 06, 2023  |  B2B Payments

Australian FinTech Zeller has added corporate cards to its financial services ecosystem. The new Zeller Corporate Cards are designed to streamline expense management and serve...

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On Capitol Hill, Regulators Say AI Illustrates Financial Innovation’s Rewards and Risks
On Capitol Hill, Regulators Say AI Illustrates Financial Innovation’s Rewards and Risks
December 05, 2023  |  Innovation

A half dozen regulators convened on Capitol Hill Tuesday (Dec. 5), pointing to the benefits of collaboration between government, the private sector and the public...

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FinTechs Grapple With Regulation Amid Pursuit of Profits
FinTechs Grapple With Regulation Amid Pursuit of Profits
December 05, 2023  |  Data

For almost all FinTechs — and especially for publicly traded firms — it has been a bumpy ride these past few years. Stock prices have...

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