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.

EMEA Daily: Goldman Sachs Expands Transaction Banking to EU; Groupe BPCE Merges Payplug and Dalenys

EMEA Daily: Goldman Sachs Expands Transaction Banking to EU; Groupe BPCE Merges Payplug and Dalenys
EMEA Daily: Goldman Sachs Expands Transaction Banking to EU; Groupe BPCE Merges Payplug and Dalenys
September 20, 2022  |  Europe

Today in Europe, Africa and the Middle East, Goldman Sachs announced the expansion of its transaction banking services into the European Union and French banking...

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UK Government Seeks to Reduce Influence of Chinese Tech, Investments
UK Government Seeks to Reduce Influence of Chinese Tech, Investments
September 20, 2022  |  Cross-border Payments

While the value of Chinese imports stood at over 63 billion pounds in 2021, the U.K. government has been at pains to limit Chinese influence...

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Groupe BPCE Merges Payplug and Dalenys Into Single Payments Subsidiary
Groupe BPCE Merges Payplug and Dalenys Into Single Payments Subsidiary
September 20, 2022  |  Digital Payments

Two subsidiaries of French retail banking conglomerate Groupe BPCE are set to join forces in a move to consolidate the group’s FinTech operations. Get the...

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Bancorp Changes Status to National Bank Charter, Moves to South Dakota
Bancorp Changes Status to National Bank Charter, Moves to South Dakota
September 20, 2022  |  Banking

The Bancorp Bank is dropping its Delaware charter to become a national bank and is now regulated by the Office of the Comptroller of the...

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With Roots in Commodity Trading, MaterialsXchange Moves Lumber Sales Digital
With Roots in Commodity Trading, MaterialsXchange Moves Lumber Sales Digital
September 20, 2022  |  eCommerce

Early on, marketplace platforms experience what’s known as an ignition problem — a kind of chicken-and-egg dilemma where prime movers need to start adoption before...

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As MENA FIs Adopt Open Banking, EU’s Mistakes Loom Large
As MENA FIs Adopt Open Banking, EU’s Mistakes Loom Large
September 20, 2022  |  Banking

Unlike the United Kingdom and Europe, the use of application programming interfaces (APIs) by third parties to access consumers’ financial data with their consent —...

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Data Brief: Fewer Than 1 in 10 US Consumers Use FinTechs as Primary Bank
Data Brief: Fewer Than 1 in 10 US Consumers Use FinTechs as Primary Bank
September 19, 2022  |  Banking

The corner bank branch — the brick-and-mortar kind — may be giving way to a digital one embedded in our phones. Get the Full Story...

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FinTech Firm Acrisure Acquires B2Z Insurance to Expand InsurTech
FinTech Firm Acrisure Acquires B2Z Insurance to Expand InsurTech
September 19, 2022  |  Partnerships

In a bid to boost its digital insurance offerings, financial services FinTech Acrisure has acquired B2Z Insurance. Terms of the deal were not disclosed. Get...

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