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.

Fiserv: Instant Payments Need ‘Killer Use Case’ as FedNow Service Launches
Fiserv: Instant Payments Need ‘Killer Use Case’ as FedNow Service Launches
September 25, 2023  |  Real-Time Payments

The FedNow® Service is rounding the corner into its second month of operation. Justin Jackson, senior vice president and head of enterprise payments at Fiserv,...

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What’s Next as Instacart and Arm Flirt With Busted IPO Status?
What’s Next as Instacart and Arm Flirt With Busted IPO Status?
September 22, 2023  |  IPO

On Wall Street, a “busted” IPO is one that’s simply defined — the stock trades below the initial offer price. At this writing, two of...

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Curve Raises $163 Million to Improve Financial App
Curve Raises $163 Million to Improve Financial App
September 21, 2023  |  Investments

British FinTech Curve says it has raised more than $163 million in a Series C round. The super app provider, whose offering connects all of a user’s...

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AppTech Aims to Enhance Digital Commerce Platform With FinZeo Acquisition
AppTech Aims to Enhance Digital Commerce Platform With FinZeo Acquisition
September 20, 2023  |  Acquisitions

FinTech company AppTech Payments has announced its intention to acquire FinZeo, a software development company focused on providing advanced payment and banking technology to businesses. The planned acquisition...

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HealNow Raises $5.5 Million to Expand Checkout Solution for Pharmacies
HealNow Raises $5.5 Million to Expand Checkout Solution for Pharmacies
September 20, 2023  |  Investments

HealNow has secured $5.5 million in seed funding for its checkout solution for the pharmacy industry.  With the new funding, HealNow plans to accelerate product...

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Payoneer Lets More Airbnb Hosts Get Paid in Local Currencies
Payoneer Lets More Airbnb Hosts Get Paid in Local Currencies
September 19, 2023  |  Payment Methods

Airbnb has expanded its partnership with FinTech Payoneer. The new version of the team-up allows Airbnb hosts in multiple countries to get paid in local...

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Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors
Report: Solid Financial Accused of Faking Revenue Numbers to Entice Investors
September 18, 2023  |  Security & Fraud

FinTech-as-a-Service firm Solid Financial is being accused of falsifying its revenue numbers to woo investors.  A lengthy report published Monday (Sept. 18) by FinTech Business Weekly said...

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InsurTech Downturn Proves Promise of Disruption Is Sometimes Derailed
InsurTech Downturn Proves Promise of Disruption Is Sometimes Derailed
September 15, 2023  |  Insurance

FinTech platforms promise to disrupt entire verticals, bringing ease and speed to sectors that have traditionally been marked by complexity and paper-based interactions. And yet...

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FinTech IPO Index Off 0.7%, Led by OppFi and Hippo Holdings
FinTech IPO Index Off 0.7%, Led by OppFi and Hippo Holdings
September 15, 2023  |  Stock Index

The FinTech IPO Index traded slightly lower, off 0.7%, as platforms led the group to the downside. But even with the dip, the Index itself...

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