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.

PBOC Has Open Banking, Supervision, Regulation on 2022-2025 FinTech Agenda
PBOC Has Open Banking, Supervision, Regulation on 2022-2025 FinTech Agenda
January 10, 2022  |  International

On Friday (Jan. 7), the People’s Bank of China released its Financial Science and Technology Plan for 2022-2025, which aims to support the growth of...

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India’s Central Bank Starts FinTech Division
India’s Central Bank Starts FinTech Division
January 10, 2022  |  International

India’s central bank is setting up a FinTech department to drive innovation, oversee the exchange of cryptocurrencies and develop regulations for the release of its...

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Amount: 2021 Was the Year of Relevance
Amount: 2021 Was the Year of Relevance
January 10, 2022  |  Opinion

Faced with ever-increasing competition from would-be disruptors, banks and FinTechs forged alliances to meet the needs of digital-first customers. Read Amount CEO Adam Hughes’ thoughts...

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FinTechs and Others Look to Build Their Own Payment Processing Infrastructure
FinTechs and Others Look to Build Their Own Payment Processing Infrastructure
January 10, 2022  |  B2B Payments

When a bank becomes a principal member in the credit card industry, that doesn’t necessarily mean it’s ready to start issuing cards and processing transactions....

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London FinTech Starling Bank Boycotts Advertising on Meta Over Scammers
London FinTech Starling Bank Boycotts Advertising on Meta Over Scammers
January 07, 2022  |  Cybersecurity

London FinTech Starling Bank has put Meta on notice and said it was boycotting advertising on Facebook and Instagram due to the number of scammers...

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iFast Snags Majority Stake in Bahrain’s BFC Bank
iFast Snags Majority Stake in Bahrain’s BFC Bank
January 07, 2022  |  Acquisitions

iFast has grabbed a majority stake in Bahrain’s BFC Bank through an agreement with bidding company Eagles Peak, a move that gives the Singapore-based FinTech...

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Chile: The Poster Child For Latin American Digital Payments 
Chile: The Poster Child For Latin American Digital Payments 
January 06, 2022  |  Digital Payments

With 73% of its people owning a bank account, Chile has the distinction of having the highest banked population in Latin America.  Get the Full...

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AFG Expands into the Philippines with JazzPay Acquisition  
AFG Expands into the Philippines with JazzPay Acquisition  
January 06, 2022  |  News

ASEAN Fintech Group (AFG), the Singapore-based venture capital company, has acquired JazzyPay, the digital payments provider valued at $1.8 million, AFG announced on Thursday (Jan....

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Bitcoin Daily: Baanx Gets FCA Approval for Providing Crypto; Peru to Debate Crypto Regulations; Airbnb Poll Shows Demand for Crypto Payments; Bitcoin Price Falters as Fed Debates Shrinking Balances
Bitcoin Daily: Baanx Gets FCA Approval for Providing Crypto; Peru to Debate Crypto Regulations; Airbnb...
January 05, 2022  |  Bitcoin

FinTech Baanx has received full approval for cryptoassets registration by the U.K.’s Financial Conduct Authority (FCA), according to a IBS Intelligence report Wednesday (Jan. 5)....

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