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.

Seizing Quantum Computing’s Opportunities Within Payments and Finance 
Seizing Quantum Computing’s Opportunities Within Payments and Finance 
November 15, 2023  |  Innovation

When OpenAI’s ChatGPT was released a year ago, it seemed to come from nowhere. But the emergence of generative artificial intelligence (AI) as a viable,...

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Affirm Says High Interest Rates Drive Demand for BNPL
Affirm Says High Interest Rates Drive Demand for BNPL
November 14, 2023  |  Buy Now Pay Later

Buy now, pay later (BNPL) company Affirm expects an increase in demand for its short-term consumer loans if interest rates remain high for an extended period. Affirm’s...

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ADP and Convera Partner on Payroll and Payments Solution
ADP and Convera Partner on Payroll and Payments Solution
November 14, 2023  |  B2B Payments

ADP, a global technology company specializing in human capital management solutions, has formed a collaboration with Convera, a B2B payments FinTech, to provide an end-to-end...

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‘Down Rounds’ and Declining Valuations Signal Bumpy Road for FinTech IPO Index
‘Down Rounds’ and Declining Valuations Signal Bumpy Road for FinTech IPO Index
November 13, 2023  |  IPO

The third quarter is newly in the rearview mirror. Earnings season still rolls on. The FinTech IPO Index, which chronicles the stock market performance of nearly...

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Investors Snatch Up Startups Rejected by VC Firms
Investors Snatch Up Startups Rejected by VC Firms
November 12, 2023  |  Startups

This year’s rising interest rates have led venture capitalists to curtail their startup investments. However, this shift has led to a burgeoning new trend, the...

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For FinTechs, Raising Capital Is Like It’s 2017
For FinTechs, Raising Capital Is Like It’s 2017
November 09, 2023  |  Fintech Investments

FinTechs remain in a tight spot, as far as fundraising goes. The third quarter of this year saw investment in private FinTechs fall 46% compared to the...

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BILL Denies Reports of $1.95 Billion Melio Deal
BILL Denies Reports of $1.95 Billion Melio Deal
November 09, 2023  |  Acquisitions

Financial operations platform BILL is dismissing reports that it wants to buy Melio Payments. “Although BILL’s general policy is not to comment on market rumors...

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Adyen Shares Rebound After Company Details Turnaround Plans
Adyen Shares Rebound After Company Details Turnaround Plans
November 09, 2023  |  Stock Index

Adyen’s plan to “evolve” its financial objectives reportedly hit the right note with investors. Shares in the Dutch payments firm jumped 38% Wednesday (Nov. 8)...

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Affirm’s Debit Card Sees 75K Signups Per Month
Affirm’s Debit Card Sees 75K Signups Per Month
November 08, 2023  |  Earnings

Affirm Holding’s fiscal first quarter results showed resilient consumer spending across a variety of channels and enthusiasm for the company’s debit card offering.  Supplementals from...

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