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.

Plaid Taps Cross River to Offer Real-Time Payments
Plaid Taps Cross River to Offer Real-Time Payments
July 27, 2023  |  Real-Time Payments

Cross River Bank has expanded its partnership with Plaid to offer customers real-time payments. “Expanding our relationship with Plaid to power their real-time offerings is...

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Will Big Bank Capital Requirements Help Smaller FIs, FinTechs Gain Small Business Lending Share?
Will Big Bank Capital Requirements Help Smaller FIs, FinTechs Gain Small Business Lending Share?
July 26, 2023  |  Loans

As banks — especially larger players — grapple with a new capital reality, the opportunity may be there for smaller financial institutions (FIs) and FinTechs...

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Why FinTechs Should Never Stop Climbing the ‘Profit Hill’
Why FinTechs Should Never Stop Climbing the ‘Profit Hill’
July 26, 2023  |  Startups

We’re a long way from the halcyon days of FinTech funding just a few years ago. Sezzle CEO Charlie Youakim and Vera Equity Co-founder Jon...

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Revolut Extends Accounts in US to Non-Citizens
Revolut Extends Accounts in US to Non-Citizens
July 25, 2023  |  Digital-First Banking

Revolut is now offering accounts to non-United States citizens lawfully in the country, who do not have a Social Security number (SSN) or individual taxpayer identification...

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Worldpay From FIS Launches Tool to Improve Payment Authorization
Worldpay From FIS Launches Tool to Improve Payment Authorization
July 25, 2023  |  Payment Methods

Worldpay from FIS has unveiled a turnkey solution designed to help merchants improve their payment authorization, streamline costs and approve all legitimate payment transactions. The new Revenue...

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American Express’ New Sync Program Brings Virtual Card On-Demand to U.S. Business Customers
American Express’ New Sync Program Brings Virtual Card On-Demand to U.S. Business Customers
July 25, 2023  |  Commercial Payments

American Express has rolled out its Sync Commercial Partner Program to help improve the workflow between technology organizations that serve businesses in the U.S. and...

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Bunq Raises $49 Million to Further International Expansion and Growth
Bunq Raises $49 Million to Further International Expansion and Growth
July 24, 2023  |  Investments

European neobank bunq has closed a 44.5-million-euro (about $49 million) funding round that brings its total capital raised this year to nearly 100 million euros (about $111...

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FinTechs See Higher Money Mobility Scores but Lag in P2P Speed
FinTechs See Higher Money Mobility Scores but Lag in P2P Speed
July 20, 2023  |  Payment Methods

As FedNow finally coming online generates a mix of reactions, money mobility generally — and instant payments specifically — have never been more in the spotlight. While...

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ACI Worldwide and Dock Bring ‘Acquiring-as-a-Service’ to Brazil
ACI Worldwide and Dock Bring ‘Acquiring-as-a-Service’ to Brazil
July 19, 2023  |  Partnerships

ACI Worldwide says it wants to bring “Acquiring-as-a-Service” to the Brazilian market. To that end, the real-time payments software company has teamed with Dock, a...

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