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.

Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector

Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector
Commerce Department’s NIST Unit Seeks Comment on Draft AI Rules for Finance Sector
March 21, 2022  |  artificial intelligence

Use of artificial intelligence (AI) by financial institutions (FIs) and FinTechs is growing exponentially, and regulators are closing in on rule making for advanced systems...

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As Banks Go Digital, Onboarding Can Still Feel Analog
As Banks Go Digital, Onboarding Can Still Feel Analog
March 21, 2022  |  Digital Onboarding

The pandemic changed the way we do banking for good. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Today in FinTech: Euroclear Backs Fnality; Recharge.com Grows Footprint; Rate Hike Could Help Legacy Banks
Today in FinTech: Euroclear Backs Fnality; Recharge.com Grows Footprint; Rate Hike Could Help Legacy Banks
March 21, 2022  |  Fintech Investments

In today’s FinTech news, Euroclear has invested in blockchain payments consortium Fnality, while Recharge.com is expanding its gift card offerings to the land Down Under....

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Egypt FinTech Rewards App Lucky Grabs $25M in Series A Funding Round
Egypt FinTech Rewards App Lucky Grabs $25M in Series A Funding Round
March 21, 2022  |  Investments

Egyptian cash back rewards app Lucky on Monday (March 21) wrapped up a $25 million fundraising round that is the largest Series A funding effort...

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Trust Payments Intros Stor eCommerce Platform for SMBs
Trust Payments Intros Stor eCommerce Platform for SMBs
March 21, 2022  |  eCommerce

Georgia-based frictionless payments FinTech Trust Payments has introduced Stor, an eCommerce platform for small and medium-sized businesses (SMBs), the company announced Monday (March 21). Get...

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Incumbent Banks May See Competitive Advantage vs FinTechs Amid Rising Rates
Incumbent Banks May See Competitive Advantage vs FinTechs Amid Rising Rates
March 21, 2022  |  Banking

As interest rates rise, and financial services firms must pivot toward new ways of engaging with customers and keeping them in place — and attracting...

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Amsterdam FinTech Recharge.com Expands to Australia
Amsterdam FinTech Recharge.com Expands to Australia
March 21, 2022  |  International

London- and Amsterdam-based FinTech Recharge.com has launched in Australia, the company announced Monday (March 21). Get the Full Story Complete the form to unlock this article...

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FinTech NextPay Plans Bill Payments, Other MSME Services
FinTech NextPay Plans Bill Payments, Other MSME Services
March 20, 2022  |  Startups

FinTech startup NextPay plans to debuting more financial tools and services to help micro-, small- and medium-sized enterprises (MSMEs) this year, including a planned entry...

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Today in FinTech: Changes Coming to WeChat Pay; Binance Seeks Brazilian Bank; Monite Automates SME AP
Today in FinTech: Changes Coming to WeChat Pay; Binance Seeks Brazilian Bank; Monite Automates SME...
March 20, 2022  |  Regulation

In today’s FinTech news, Tencent could be faced with spinning WeChat Pay into its payments subsidiary, while crypto exchange Binance looks to acquire a bank...

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