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.

Trustly to Acquire SlimPay to Build Pan-European Recurring Payments Service
Trustly to Acquire SlimPay to Build Pan-European Recurring Payments Service
August 29, 2023  |  Acquisitions

Trustly plans to acquire SlimPay with the goal of revolutionizing the recurring payments experience for merchants and consumers across Europe and the United Kingdom. By combining Trustly’s global...

READ MORE >
Qarar and Biz2X Collaborate to Bridge SMB Financing Gap in Saudi Arabia
Qarar and Biz2X Collaborate to Bridge SMB Financing Gap in Saudi Arabia
August 29, 2023  |  SMBs

Qarar, a leading data analytics and credit decisioning company in the Middle East, has partnered with Biz2X, a global FinTech technology and financing provider, to launch...

READ MORE >
Not Knowing How to Measure Data’s Effectiveness Holds Small Business Lenders Back
Not Knowing How to Measure Data’s Effectiveness Holds Small Business Lenders Back
August 29, 2023  |  SMBs

Small- to medium-sized businesses are tough. “It’s a resilient sector made up of business segments that are seeing strong growth,” Hicham Oudghiri, co-founder and CEO of Enigma...

READ MORE >
Vsoft Teams with Pidign to Offer Real-Time Payments
Vsoft Teams with Pidign to Offer Real-Time Payments
August 28, 2023  |  Real-Time Payments

Payment solutions firm VSoft says it has integrated its platform with real-time payments firm Pidgin. That integration, the company announced Monday (Aug. 28), will allow VSoft’s core processing solution...

READ MORE >
Visa and NymCard Collaborate on Payment Credentials Issuance
Visa and NymCard Collaborate on Payment Credentials Issuance
August 28, 2023  |  Partnerships

NymCard, a Banking-as-a-Service (BaaS) firm that serves the Middle East and Pakistan, has joined the Visa Ready to Launch (VRTL) program. The VRTL program aims...

READ MORE >
FinTechs Throw Lifeline to Subprime-Borrowing Consumers
FinTechs Throw Lifeline to Subprime-Borrowing Consumers
August 28, 2023  |  Loans

Consumers with low credit scores may find assistance in their uphill battle toward greater financial security. Financial stumbles may have long-lasting impacts on consumers whose...

READ MORE >
Digital Wallet Belo Launches Web Platform for B2B Cross-Border Payments
Digital Wallet Belo Launches Web Platform for B2B Cross-Border Payments
August 25, 2023  |  B2B Payments

Digital wallet Belo has launched a web platform to help businesses make cross-border transactions.  This initiative allows companies from 108 countries to open a free account...

READ MORE >
TreasurUp and Salt Edge Partner to Provide Open Banking Services
TreasurUp and Salt Edge Partner to Provide Open Banking Services
August 24, 2023  |  Partnerships

TreasurUp and Salt Edge have partnered to provide financial institutions in the United Kingdom and the European Union (EU) with account aggregation and open banking compliance services. TreasurUp’s...

READ MORE >
Construction and Utility Businesses Use Credit Twice as Much as Hospitality
Construction and Utility Businesses Use Credit Twice as Much as Hospitality
August 23, 2023  |  SMBs

Slow payments are a perennial problem for the construction industry. PYMNTS research found that delayed transactions (those in which firms wait more than 90 days to receive...

READ MORE >