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.

Banks and Merchants Look to Receipts for Data That Drives Context and Conversion
Banks and Merchants Look to Receipts for Data That Drives Context and Conversion
August 04, 2023  |  Data

A sticky customer base makes for a happy business. And the technical opportunities and innovations embedded across today’s data-rich operating landscape are helping financial institutions,...

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Sezzle Awarded ‘Top FinTech’ Recognition by CNBC
Sezzle Awarded ‘Top FinTech’ Recognition by CNBC
August 02, 2023  |  Buy Now Pay Later

Payments platform Sezzle has been named one of CNBC’s top FinTechs. The award for the World’s Top Fintech Companies 2023, announced Wednesday (Aug. 2), places Sezzle among...

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Sorare Taps Mangopay for Fantasy Sports Cash Wallet
Sorare Taps Mangopay for Fantasy Sports Cash Wallet
August 02, 2023  |  Digital Payments

Player-owned fantasy sports platform Sorare is offering its users a new way to make payments. The company on Wednesday (Aug. 2) announced it was teaming with payments solutions provider Mangopay to...

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UK FinTech Tide Adds Accrual-Based Accounting to Platform
UK FinTech Tide Adds Accrual-Based Accounting to Platform
August 01, 2023  |  B2B Payments

Tide, a United Kingdom FinTech, has added accrual-based accounting to its digital business finance platform for small- to medium-sized businesses (SMBs). This addition to the Tide...

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SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
SoFi Deposits Grow 26% Year Over Year to $12.7 Billion
July 31, 2023  |  Earnings

SoFi’s earnings results showed a growing embrace of the company’s platform approach that brings savings, lending and spending together in a continuum of financial activity. Earnings presentation materials and...

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Unlocking the Virtual Prepaid Card Opportunity
Unlocking the Virtual Prepaid Card Opportunity
July 31, 2023  |  Digital Payments

Money today is different than it was five years ago. It’s more nimble, secure, online and democratized. That’s why PYMNTS sat down with Chris Winter, managing...

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Report: Figure Technologies Lays Off 90 Employees and Plans IPO
Report: Figure Technologies Lays Off 90 Employees and Plans IPO
July 28, 2023  |  IPO

Figure Technologies has reportedly laid off staff and is preparing for an initial public offering (IPO). The firm laid off 20% of its staff — 90 employees —...

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Payments Platform Form3 Wins FedNow Certification
Payments Platform Form3 Wins FedNow Certification
July 27, 2023  |  Real-Time Payments

Account-to-account payment platform Form3 says it is ready for FedNow. The company on Thursday (July 27) announced it was among the first in its industry to finish testing and...

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JPMorgan-Backed TIFIN Unveils Platform for Creating AI FinTechs
JPMorgan-Backed TIFIN Unveils Platform for Creating AI FinTechs
July 27, 2023  |  artificial intelligence

Artificial intelligence (AI) wealth platform TIFIN has unveiled a new venture dedicated to creating AI-powered FinTechs. The company’s TIFIN.AI, announced in a Thursday press release (July 27), will work...

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