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.

IMF Recommends More Regulation to Reduce FinTech, Crypto Risks

IMF Recommends More Regulation to Reduce FinTech, Crypto Risks
IMF Recommends More Regulation to Reduce FinTech, Crypto Risks
April 20, 2022  |  Legal & Regulation

In an April 13 blog post, the International Monetary Fund (IMF) explained the benefits that FinTech companies have brought to consumers, but it also highlighted...

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Equifax, Fiserv Team Up to Offer ‘Real-Time Data Insights’ for Business, FIs
Equifax, Fiserv Team Up to Offer ‘Real-Time Data Insights’ for Business, FIs
April 20, 2022  |  Partnerships

Global data, analytics and technology platform Equifax and payments and financial services tech solutions provider Fiserv have teamed up to roll out a new package...

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PYMNTS AM Radar: Grubhub for Sale; Trend Spotting; Old Banks, New Tricks; SMB Support
PYMNTS AM Radar: Grubhub for Sale; Trend Spotting; Old Banks, New Tricks; SMB Support
April 20, 2022  |  Partnerships

Today is Wednesday, April 20 and Just Eat Takeaway is conceding to investors and looking for a buyer for its U.S. arm Grubhub. Plus, smaller...

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Old Banks Tap New FinTechs to Gain Technology Competitive Edge
Old Banks Tap New FinTechs to Gain Technology Competitive Edge
April 20, 2022  |  Banking

Community, state and even regional banks are not going to have the money it takes to build the technology that they need to compete in...

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FinTech Brex Expands Its Capabilities With Acquisition of Financial Planning Platform Pry
FinTech Brex Expands Its Capabilities With Acquisition of Financial Planning Platform Pry
April 20, 2022  |  Partnerships

Brex, a provider of financial software and services geared for startups, Tuesday (April 19) announced it has acquired Pry Financials, a financial modeling platform oriented...

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EU’s Open Banking’s Payments Transformation Faces FinTech Headwinds
EU’s Open Banking’s Payments Transformation Faces FinTech Headwinds
April 20, 2022  |  Digital Payments

The introduction of open banking in 2019, enabled by the revised Payment Services Directive (PSD2), has significantly transformed the digital payments space in Europe, with...

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Microsoft Invests in B2B FinTech Startup Udaan’s Over $200M Debt Financing Round
Microsoft Invests in B2B FinTech Startup Udaan’s Over $200M Debt Financing Round
April 19, 2022  |  Investments

B2B FinTech and eCommerce company udaan announced that Microsoft has joined the company’s debt financing round, The Economic Times reported Monday (April 18). Get the...

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B2B Financing Platform Recur Club Raises $30M
B2B Financing Platform Recur Club Raises $30M
April 19, 2022  |  Investments

B2B FinTech platform Recur Club has raised $30 million in seed funding, the Indian company announced on its website Tuesday (April 19). Get the Full...

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