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.

An Industry Insider on How Secured Cards Can Boost Credit Profiles
An Industry Insider on How Secured Cards Can Boost Credit Profiles
May 09, 2023  |  Financial Inclusion

Nearly 60% of millennials report subprime credit scores, making it harder for them to get credit from traditional sources and build a credit profile. A...

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JPMorgan Ordered to Pay Frank Founder’s Legal Fees
JPMorgan Ordered to Pay Frank Founder’s Legal Fees
May 08, 2023  |  Legal

J.P. Morgan Chase must pay the legal fees of a disgraced FinTech founder it is suing. That’s according to a court ruling Monday (May 8),...

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Banking Failures Must be a Wake-up Call for Regulatory Modernization, Says Cross River Bank CEO
Banking Failures Must be a Wake-up Call for Regulatory Modernization, Says Cross River Bank CEO
May 08, 2023  |  Bank Regulation

The recent collapses of tech-friendly banks, including Silicon Valley Bank (SVB), Signature Bank, Silvergate Bank and First Republic Bank, have rightly caused a global conversation...

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Banks That Can’t Personalize Services Risk Quiet Quitting by Millennials
Banks That Can’t Personalize Services Risk Quiet Quitting by Millennials
May 08, 2023  |  Banking

PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus...

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Revolut CEO Blames Banking Troubles For UK License Delay
Revolut CEO Blames Banking Troubles For UK License Delay
May 07, 2023  |  Banking

Revolut’s CEO says recent bank turmoil has held up his company’s U.K. banking license. “Ultimately, it is not really us, it is generally the banking crisis...

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NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%  
NerdWallet and SoFi Earnings Blunt FinTech IPO Gains as Index Adds 1.4%  
May 05, 2023  |  Fintech Investments

A spate of earnings reports rolled in through the past week, and a rough parity between gaining stocks and decliners held the FinTech IPO Index...

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Online Sellers Demanding Real-Time, Unified View of Sales From Payments Services Providers
Online Sellers Demanding Real-Time, Unified View of Sales From Payments Services Providers
May 05, 2023  |  eCommerce

Despite advancements in eCommerce technology, businesses that operate in digital commerce, particularly those with multiple storefronts, still lack a complete and unified multi-platform overview of...

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NCR Preps for Year-End Split as Digital-First Banking Results Remain Strong
NCR Preps for Year-End Split as Digital-First Banking Results Remain Strong
May 04, 2023  |  Earnings

As it readies to split NCR into two separate public companies, one focused on digital banking and POS systems and the other dedicated to its...

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Banking as a Service Boosts Community Banks’ Potential to Prosper
Banking as a Service Boosts Community Banks’ Potential to Prosper
May 04, 2023  |  Digital-First Banking

Consumers and businesses increasingly seek seamless, digital-first experiences, and banking as a service (BaaS) has emerged as a powerful tool to meet this demand. Companies...

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