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.

Today in the Connected Economy: H&R Block Taps Galileo for Mobile Banking
Today in the Connected Economy: H&R Block Taps Galileo for Mobile Banking
February 15, 2022  |  Connected Economy

Today in the connected economy, H&R Block turns to FinTech Galileo to power its Spruce mobile banking platform, and China’s Tencent joins forces with Korea’s...

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Citi Becomes Strategic Investor in SIMON Markets
Citi Becomes Strategic Investor in SIMON Markets
February 15, 2022  |  Investments

Global investment bank and financial institution Citi became the latest strategic investor in FinTech SIMON Markets LLC on Tuesday (Feb. 15). Get the Full Story...

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FinTech Galileo Powers H&R Block’s Spruce Mobile Banking
FinTech Galileo Powers H&R Block’s Spruce Mobile Banking
February 15, 2022  |  Digital Banking

Galileo announced Tuesday (Feb. 15) that its financial technology now powers Spruce, H&R Block’s mobile banking platform. Get the Full Story Complete the form to...

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Voyager Innovations Could Look to Raise as Much as $200M
Voyager Innovations Could Look to Raise as Much as $200M
February 15, 2022  |  Investments

Voyager Innovations, owner of the FinTech PayMaya, could be on the hunt for additional funding in the range of $150 million to $200 million, Bloomberg...

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FinTech Firm RapiPay Raises $15M for Digital Banking Super App NYE
FinTech Firm RapiPay Raises $15M for Digital Banking Super App NYE
February 15, 2022  |  Investments

FinTech company RapiPay has raised $15 million in investment funding toward digital banking super app NYE, according to a Tuesday (Feb. 15) Mint report. Get...

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Korean FinTech WireBarley Collaborates With TenCent on Payments to China
Korean FinTech WireBarley Collaborates With TenCent on Payments to China
February 15, 2022  |  Cross-border Payments

Korean money transfer service WireBarley formed a partnership with Tencent Financial Technology for overseas remittances, the company said in a news release Tuesday (Feb. 15)....

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Today in FinTech: Bank of America Invests in UK FinTech to Tackle Card Processing Fees
Today in FinTech: Bank of America Invests in UK FinTech to Tackle Card Processing Fees
February 14, 2022  |  Investments

In today’s FinTech news, banks and FinTechs are finding more ways to coexist and complement one another’s skills, with Bank of America investing $20 million...

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Israeli Regulator to Host Blockchain ‘Hackathon’ for Infrastructure Solutions
Israeli Regulator to Host Blockchain ‘Hackathon’ for Infrastructure Solutions
February 14, 2022  |  Blockchain

The Israel Securities Authority (ISA) is making plans to regulate the FinTech space, and will be looking at a long-term way to work with cryptocurrency...

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Synctera Launches Community Bank-FinTech Partnership
Synctera Launches Community Bank-FinTech Partnership
February 14, 2022  |  Banking

Partnership banking platform Synctera has announced a launch between Lineage Bank and GoGetr, the first such arrangement using the company’s capabilities, according to a Monday...

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