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.

Adyen Updates Financial Objectives Amid Investor Scrutiny
Adyen Updates Financial Objectives Amid Investor Scrutiny
November 08, 2023  |  Earnings

Adyen has “evolved its financial objectives in order to specify timelines around growth expectations,” the FinTech platform said Wednesday (Nov. 8) in a press release issued in conjunction...

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Nuvei Says Differentiated Technology Solutions Drive 72% Volume Growth
Nuvei Says Differentiated Technology Solutions Drive 72% Volume Growth
November 08, 2023  |  Earnings

Nuvei reported a year-over-year total volume increase of 72% during the three months ended Sept. 30. The Canadian FinTech company also reported a year-over-year revenue...

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Mangopay and Aria Team on B2B Payment Services
Mangopay and Aria Team on B2B Payment Services
November 07, 2023  |  B2B Payments

Mangopay, a platform-specific payment infrastructure provider, has announced a new collaboration with Aria, a provider of deferred payment infrastructure for B2B marketplaces and platforms. This partnership...

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Report: Adyen Investors Want Blueprint for Recovery
Report: Adyen Investors Want Blueprint for Recovery
November 07, 2023  |  Digital Payments

Adyen will hold an investor day this week following a massive price drop earlier this year. And as Bloomberg News reported Tuesday (Nov. 7) investors are calling for...

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Smaller FinTech Issuers Lose Nearly 60% More Revenue to Fraud Than Larger Ones
Smaller FinTech Issuers Lose Nearly 60% More Revenue to Fraud Than Larger Ones
November 07, 2023  |  Fraud Prevention

Fraud schemes are evolving alongside technology, becoming more sophisticated and mutating to exploit vulnerabilities within financial institutions. In fact, fraud incidents increased by 13% in...

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PSCU and Co-op Solutions Announce Merger
PSCU and Co-op Solutions Announce Merger
November 06, 2023  |  Credit Unions

  PSCU and Co-op Solutions, two credit union service organizations (CUSOs) and FinTech solution providers, have announced plans to merge. The move aims to offer credit unions...

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Grab Enables In-App Cashless Payments Via FinTech MoMo
Grab Enables In-App Cashless Payments Via FinTech MoMo
November 06, 2023  |  Partnerships

Vietnamese FinTech MoMo is integrating its payment solution into Grab, the companies announced in a Thursday (Oct. 31) press release. MoMo users who want to...

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Over 70% of Consumers Do Not Believe Real-Time Payments Are Truly Instant
Over 70% of Consumers Do Not Believe Real-Time Payments Are Truly Instant
November 03, 2023  |  Faster Payments

Consumers are increasingly embracing the immediacy and transparency offered by real-time payments. And the migration to ISO 20022, a new global standard for secure and...

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Revolut Names Molo Founder Francesca Carlesi as UK CEO
Revolut Names Molo Founder Francesca Carlesi as UK CEO
November 02, 2023  |  Personnel

Revolut hired 15-year financial sector veteran Francesca Carlesi to lead its United Kingdom operation. Carlesi, whose appointment as U.K. CEO was announced Thursday (Nov. 2),...

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