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.
Gig Economy: Digital Platforms and Instant Payments Open New Roads to Financial Security
Gig Economy: Digital Platforms and Instant Payments Open New Roads to Financial Security
March 01, 2024  |  Gig Economy

The rise of the gig economy has transformed work for millions of individuals. From freelance creatives to ridesharing drivers, gig workers are pursuing financial independence...

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Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
Paytm Ends Some Inter-Company Agreements With Paytm Payments Bank
March 01, 2024  |  Regulation

Indian digital payments provider Paytm has announced that it will be cutting back on its business ties with its banking affiliate, Paytm Payments Bank. The...

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Treasury Prime Cuts Staff Amid Shift to ‘Bank-Direct’ Offering
Treasury Prime Cuts Staff Amid Shift to ‘Bank-Direct’ Offering
February 29, 2024  |  Banking

Embedded banking firm Treasury Prime is cutting staff amid a new shift in strategy. “For years, we’ve been saying that the future of banking is embedded, with regulated...

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Thredd’s McCarthy: Capital One-Discover Deal Will Transcend Market Share Grab
Thredd’s McCarthy: Capital One-Discover Deal Will Transcend Market Share Grab
February 29, 2024  |  Acquisitions

The news that Capital One has launched a $35 billion bid to acquire Discover Financial has shaken up the financial services industry. Jim McCarthy, CEO...

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HFSC Chairman Patrick McHenry Reintroduces Legislation to Create Regulatory Sandboxes
HFSC Chairman Patrick McHenry Reintroduces Legislation to Create Regulatory Sandboxes
February 27, 2024  |  Regulation

The Financial Services Innovation Act will again be considered by the U.S. House of Representatives. Rep. Patrick McHenry, R-N.C., chairman of the House Financial Services Committee (HFSC), reintroduced the...

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Treasury Management FinTech Embat Raises $15.96 Million to Expand Globally
Treasury Management FinTech Embat Raises $15.96 Million to Expand Globally
February 27, 2024  |  Investments

Embat, a FinTech company based in Madrid, Spain, has raised 14.7 million euros ($15.96 million) in a Series A round.  The company plans to use...

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Enfuce Wins eMoney License From British Regulator
Enfuce Wins eMoney License From British Regulator
February 27, 2024  |  Digital Banking

Finland-based payment processor Enfuce is expanding its operations in the United Kingdom. The FinTech said in a Tuesday (Feb. 27) press release that it received...

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Tabby Launches Subscription Service That Expands Acceptance of BNPL
Tabby Launches Subscription Service That Expands Acceptance of BNPL
February 26, 2024  |  Buy Now Pay Later

Tabby, a shopping and financial services app active in Saudi Arabia, Kuwait and the United Arab Emirates (UAE), has launched a subscription service in the...

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Cross River Adds Investment Banking Services for FinTechs
Cross River Adds Investment Banking Services for FinTechs
February 26, 2024  |  Banking

Cross River Bank and CRB Securities are moving into the investment banking space. The company’s investment banking team will help FinTechs with decisions such as mergers and acquisitions, capital...

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