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.

Galileo and Mastercard Accelerating Digital Transformation in Latin America and the Caribbean

Galileo and Mastercard Accelerating Digital Transformation in Latin America and the Caribbean
Galileo and Mastercard Accelerating Digital Transformation in Latin America and the Caribbean
May 04, 2022  |  Partnerships

Galileo Financial Technologies, a subsidiary of SoFi Technologies, Inc., and Mastercard on Wednesday (May 4) unveiled a multiyear strategic alliance focused on “accelerating digital transformation...

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Coinbase’s M&A Talks With 2TM Fall Apart
Coinbase’s M&A Talks With 2TM Fall Apart
May 04, 2022  |  Partnerships

Cryptocurrency exchange Coinbase has reportedly shut down discussions for a controlling interest in the cryptocurrency brokerage 2TM, Bloomberg reported on Wednesday (May 4), citing unnamed...

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Klarna Seeks to Appease UK Regulators With Credit Reporting 
Klarna Seeks to Appease UK Regulators With Credit Reporting 
May 04, 2022  |  BNPL

Klarna is moving ahead of potential regulation in Buy Now, Pay Later (BNPL) in the U.K. The company announced in a blog post on May...

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PayPal Ventures Invests in Latam SMB Platform Xepelin
PayPal Ventures Invests in Latam SMB Platform Xepelin
May 03, 2022  |  B2B Payments

Xepelin, the B2B payments and financial services platform working in Latin America, has raised $111 million in a Series B round including some from PayPal...

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Klarna Adds Financial Statement Feature to App
Klarna Adds Financial Statement Feature to App
May 03, 2022  |  Personal Finance

Klarna has debuted a new financial statement feature on its app which will give Dutch consumers full insight into their spending, a company blog says....

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FinTech Possible Finance Raises $20M in Equity Funding
FinTech Possible Finance Raises $20M in Equity Funding
May 03, 2022  |  Investments

FinTech firm Possible Finance, which works on financial services for the underserved, announced Tuesday (May 3) that it has received an additional $20 million in...

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Early Warning Services Unveils Synthetic ID Fraud Tool
Early Warning Services Unveils Synthetic ID Fraud Tool
May 03, 2022  |  Digital Identity

Early Warning Services has launched Verify Identity, a synthetic identity fraud detection solution for qualifying financial services organizations (FSOs), mobile network providers, corporations and government...

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Today in FinTech: Worldline Delivers Hospitality Payments With Myra; GrubHub Launches Corporate Card
Today in FinTech: Worldline Delivers Hospitality Payments With Myra; GrubHub Launches Corporate Card
May 03, 2022  |  Technology

In today’s FinTech news, Worldline and Myra are collaborating with Leonardo Hotels for a pilot program to introduce new payments. Plus, Home Depot has launched...

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