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.

Merchants View Pay by Bank Options as Opening for Personalized Payments
Merchants View Pay by Bank Options as Opening for Personalized Payments
June 23, 2023  |  Payment Methods

Money movement is moving into the future across new payment rails. That’s why, if the transition from paper cash to electronic money ever feels to...

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Why Venture Capital May Not Be the Right Funding Choice For Most Early-Stage Startups
Why Venture Capital May Not Be the Right Funding Choice For Most Early-Stage Startups
June 23, 2023  |  Startups

Venture capital (VC) has long been viewed as the ultimate source of financing for startups, but according to Jay Wilson, investment director at U.K.-based investment firm...

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Robinhood Acquires FinTech Firm X1 to Offer No-Fee Credit Card
Robinhood Acquires FinTech Firm X1 to Offer No-Fee Credit Card
June 22, 2023  |  Acquisitions

Robinhood Markets announced on Thursday (June 22) the acquisition of San Francisco-based FinTech firm X1, which offers users a no-fee income-based credit card with rewards...

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Tuum and Marqeta Partner on Flexible Card Programs
Tuum and Marqeta Partner on Flexible Card Programs
June 22, 2023  |  Partnerships

Tuum and Marqeta have partnered to help European banks and FinTechs build flexible card programs. The combination of Tuum’s core banking solution and Marqeta’s digital...

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Time to Treat Creators Like Business Owners, Says Visa FinTech Head 
Time to Treat Creators Like Business Owners, Says Visa FinTech Head 
June 22, 2023  |  Social Commerce

If you’re reading this, you might not be able to name a single creator.  But your kid probably can name five, 10, even a dozen...

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Modulr Expands Embedded Payments Offerings to France and Spain
Modulr Expands Embedded Payments Offerings to France and Spain
June 21, 2023  |  Digital Payments

Modulr has reportedly expanded its embedded payments offerings to France and Spain. With this expansion and a layer of localization, French and Spanish firms can use...

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Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
Jack Henry Adds AI-Based Fraud Detection to Digital Payments Platform
June 20, 2023  |  Security & Fraud

Jack Henry has launched a real-time, artificial intelligence (AI)-based fraud mitigation feature. The new Payrailz Fraud Monitor, which joins the FinTech company’s Payrailz Digital Payments Platform,...

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95% of Data-Ready FIs and FinTechs Use Item-Level Data in Some Way
95% of Data-Ready FIs and FinTechs Use Item-Level Data in Some Way
June 20, 2023  |  Data

When it comes to receipt-level data, the dollars are in the details. That’s one way to summarize the value that item-level data can represent to...

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Pathward and Propel Partner to Provide Credit to Underserved Consumers
Pathward and Propel Partner to Provide Credit to Underserved Consumers
June 20, 2023  |  Partnerships

Pathward is adding a new line of credit for consumers who have limited access to credit. The national bank has partnered with Propel, a FinTech that will service the...

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