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.

Compliance Complexities Hamper Growth at Fledgling FinTechs

Compliance Complexities Hamper Growth at Fledgling FinTechs
Compliance Complexities Hamper Growth at Fledgling FinTechs
August 03, 2022  |  Security & Fraud

Eric Greenstein, product manager of compliance and fraud at Modern Treasury, told PYMNTS that the rules of anti-money laundering (AML) and the Bank Secrecy Act...

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PayPal: BNPL Volumes Surge 226% Year on Year  
PayPal: BNPL Volumes Surge 226% Year on Year  
August 02, 2022  |  Earnings

PayPal’s most recent earnings results spotlight the continued digital shift, as active user counts eclipsed pre-pandemic levels.   Get the Full Story Complete the form...

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FinTech CabbagePay Launches in US
FinTech CabbagePay Launches in US
August 02, 2022  |  Startups

FinTech startup CabbagePay is rolling out in major cities across the United States with the goal of integrating its prebuilt technology into business’s own mobile...

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The Saudi Sandbox Revolution: How Experimentation Is Driving Innovation in the KSA
The Saudi Sandbox Revolution: How Experimentation Is Driving Innovation in the KSA
August 02, 2022  |  Technology

PYMNTS recently reported on the state of the FinTech ecosystem in the Kingdom of Saudi Arabia (KSA) as part of a series on the Gulf...

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SMB Fundraising FinTech Parafin Raises $60M
SMB Fundraising FinTech Parafin Raises $60M
August 02, 2022  |  Investments

Parafin, a FinTech launched by veterans of Robinhood Markets, has raised $60 million in a new financing round. Get the Full Story Complete the form...

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GrubMarket Enters Financial Services With IOT Pay Acquisition
GrubMarket Enters Financial Services With IOT Pay Acquisition
August 02, 2022  |  Acquisitions

GrubMarket has acquired Vancouver-based FinTech IOT Pay, according to a Tuesday (Aug. 2) press release. The acquisition will allow the company to use IOT Pay’s technology...

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Savana Raises $45M to Drive Digital Capabilities for Banks, FinTechs
Savana Raises $45M to Drive Digital Capabilities for Banks, FinTechs
August 02, 2022  |  Investments

Savana, a financial software startup for banks and FinTechs, has raised $45 million in Series A funding round, according to a Tuesday (Aug. 2) press...

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Tandem Bank Joins Raisin UK Savings Marketplace
Tandem Bank Joins Raisin UK Savings Marketplace
August 01, 2022  |  Digital Banking

Digital bank Tandem announced in a statement Monday (Aug. 1) that it has joined the Raisin UK online savings marketplace, providing U.K. customers with access...

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As Macro Headwinds Mount, UK Neobanks Revisit the Profit vs Growth Debate
As Macro Headwinds Mount, UK Neobanks Revisit the Profit vs Growth Debate
July 31, 2022  |  Digital Banking

The U.K. is home to popular digital-first challenger banks valued at over $1 billion such as Monzo, Revolut and Starling. Get the Full Story Complete...

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