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 FinTech: Boston Red Sox Drop Cash; JPMorgan Signals Pain Ahead

Today in FinTech: Boston Red Sox Drop Cash; JPMorgan Signals Pain Ahead
Today in FinTech: Boston Red Sox Drop Cash; JPMorgan Signals Pain Ahead
April 15, 2022  |  Technology

In today’s FinTech news, for the first time ever, the Boston Red Sox are not taking cash for hot dogs, beer, shirts and other concession...

READ MORE >
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
JPMorgan’s $1B Loss Reserve Signals Souring Loans and ‘Pain’ Ahead for FinTechs
April 15, 2022  |  Banking

When JPMorgan reported first-quarter earnings results this week, the company also built $902 million in reserves — a move that signals a tough credit environment...

READ MORE >
Stripe Reports Strong 2021 Growth, Warns It Won’t Be Repeated
Stripe Reports Strong 2021 Growth, Warns It Won’t Be Repeated
April 15, 2022  |  Earnings

Stripe handled more than $640 billion in payments in 2021 — an increase of 60% over the prior year — the two brothers who founded...

READ MORE >
Stripe Now Supports Furikomi, Konbini Payments in Japan
Stripe Now Supports Furikomi, Konbini Payments in Japan
April 15, 2022  |  Cross-border Payments

Stripe, a financial services and Software-as-a-Service (SaaS) company, now supports two forms of payments in Japan via one integration, the company announced Friday (April 15)....

READ MORE >
FinTechs and the Retail Banking Reset
FinTechs and the Retail Banking Reset
April 15, 2022  |  Opinion

“Bank” is no longer just a location — somewhere you go — but has transformed into a verb — something you do. As the industry...

READ MORE >
With Digital Checking, Goldman’s Marcus Looks to Create 153-Year-Old Neobank
With Digital Checking, Goldman’s Marcus Looks to Create 153-Year-Old Neobank
April 15, 2022  |  Banking

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
Open Banking Platforms Strive to Balance Security and Ease of Use
Open Banking Platforms Strive to Balance Security and Ease of Use
April 15, 2022  |  Banking

Open banking is emerging across every market, but it’s doing so at different paces, for different reasons and in the face of different challenges. Get...

READ MORE >
Today in FinTech Ukraine: Renesas Electronics Gives €1M; P2P Lenders Step Up
Today in FinTech Ukraine: Renesas Electronics Gives €1M; P2P Lenders Step Up
April 14, 2022  |  Cross-border Payments

Renesas Electronics Corp., a provider of advanced semiconductors, has decided to donate €1 million to UNHCR, the UN High Commission for Refugees, to help support...

READ MORE >