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.

Brazil’s Central Bank Wants More Authority Amid FinTech Explosion

Brazil’s Central Bank Wants More Authority Amid FinTech Explosion
Brazil’s Central Bank Wants More Authority Amid FinTech Explosion
June 10, 2026  |  Latin America

Brazil’s central bank is reportedly dealing with pushback as it seeks greater autonomy. As Bloomberg News reported Wednesday (June 10), the bank is arguing that limited resources are...

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Ant Group Looks to Raise $1 Billion For International Growth
Ant Group Looks to Raise $1 Billion For International Growth
June 10, 2026  |  Investments

Ant Group’s international arm is reportedly considering a $1 billion fundraise to speed growth. That’s according to a report Wednesday (June 10) from Bloomberg News,...

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Revolut’s Rapid Product Approvals Caught Eye of EU Regulators
Revolut’s Rapid Product Approvals Caught Eye of EU Regulators
June 10, 2026  |  Bank Regulation

European regulators reportedly placed restrictions on Revolut last year over the speed of its product approvals. The European Central Bank (ECB) last cut back on...

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When Consumers Stop Believing They’ll Be Approved
When Consumers Stop Believing They’ll Be Approved
June 10, 2026  |  Credit Cards

Secured credit is getting a second look because many consumers are losing confidence that traditional credit will be available when they need it. The PYMNTS...

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Nuvei Looks to Acquire X-Border Payments Firm Payoneer for $2.7 Billion
Nuvei Looks to Acquire X-Border Payments Firm Payoneer for $2.7 Billion
June 09, 2026  |  Partnerships

Canadian payments company Nuvei is in talks to acquire Payoneer for approximately $2.7 billion, Reuters reported Tuesday (June 9). The purchase price includes Payoneer’s cash,...

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FinTechs Lag Credit Unions on the Next AI Banking Test
FinTechs Lag Credit Unions on the Next AI Banking Test
June 09, 2026  |  Artificial Intelligence

For at least a decade, financial technology companies have promised to offer what most banks and credit unions can’t: technology that allows financial services companies...

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Reset Raises $6 Million to Bring Earned Wage Access to Credit Unions
Reset Raises $6 Million to Bring Earned Wage Access to Credit Unions
June 08, 2026  |  Fintech Investments

Embedded earned wage access platform Reset raised $6 million in a seed funding round, according to a Monday (June 8) press release. The round included...

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Finastra Sells Mid-Market Banking Business to Software Aggregator CORA
Finastra Sells Mid-Market Banking Business to Software Aggregator CORA
June 04, 2026  |  Partnerships

Finastra says software acquisition company CORA Group has purchased its U.S. mid-market banking business. The deal, announced by the FinTech on Wednesday (June 3), covers...

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