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.

Study Finds Most FinTechs Don’t Meet Consumers’ Instant Payments Expectations
Study Finds Most FinTechs Don’t Meet Consumers’ Instant Payments Expectations
July 19, 2023  |  Money Mobility

The consumers powering today’s economy are increasingly digital-first, meaning money mobility is a top requirement for any financial services provider — especially FinTechs set on...

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Nuvei and Plaid Team to Expand Pay-by-Bank
Nuvei and Plaid Team to Expand Pay-by-Bank
July 18, 2023  |  Partnerships

FinTechs Nuvei and Plaid say they are expanding their partnership into new areas. Their aim is to help a wider range of companies accept bank-based payments for multiple uses...

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HyperPay Acquires Sanad Cash to Expand Payment Services in MENA
HyperPay Acquires Sanad Cash to Expand Payment Services in MENA
July 17, 2023  |  Acquisitions

HyperPay, a payments services provider in the Middle East and North Africa (MENA) region, has acquired Saudi spend management FinTech firm Sanad Cash. The strategic move...

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Nav Acquires Tillful to Accelerate Data Platform Development
Nav Acquires Tillful to Accelerate Data Platform Development
July 17, 2023  |  Acquisitions

Nav, a financial health platform for small businesses, has announced its acquisition of Tillful. Tillful, a FinTech startup, focuses on modernizing business credit and cash flow...

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Will Higher Bank Capital Requirements Give FinTechs a Lending Edge?
Will Higher Bank Capital Requirements Give FinTechs a Lending Edge?
July 17, 2023  |  Banking

Higher capital requirements may have a negative ripple effect on banks — tightening the lending spigots even further. And the winners may be the FinTechs...

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Storing Payments Credentials Online Bothers Millennials More Than Gen X Shoppers
Storing Payments Credentials Online Bothers Millennials More Than Gen X Shoppers
July 14, 2023  |  Digital Payments

As consumers look to stored credentials to make their payment experiences easier, the majority are actually finding the capability comes with its own pain points....

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An Online Payments Pioneer on What It Will Take to Scale Pay by Bank in the US
An Online Payments Pioneer on What It Will Take to Scale Pay by Bank in...
July 14, 2023  |  Payments Innovation

Disruptive innovations don’t just change the game; they often level the playing field. But transformative phase shifts only enjoy a real, scalable flywheel when they...

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 FinTech IPO Index Soars 11.9% as Upstart Gains 29% and Platforms Surge 
 FinTech IPO Index Soars 11.9% as Upstart Gains 29% and Platforms Surge 
July 14, 2023  |  Fintech Investments

This past week might be titled “The Great Platform Rally of 2023.” The FinTech IPO Index surged 11.9% through five sessions, led by double-digit gains...

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Efficient Capital Labs Secures $7 Million in Funding Led by QED Investors
Efficient Capital Labs Secures $7 Million in Funding Led by QED Investors
July 13, 2023  |  Startups

Efficient Capital Labs (ECL) has closed a $7 million funding round led by QED Investors. Founded in early 2022, the startup provides business-to-business (B2B) software-as-a-service (SaaS) companies...

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