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.

Minka Raises $24M for Clearinghouse and Central Bank Modernization

Minka Raises $24M for Clearinghouse and Central Bank Modernization
Minka Raises $24M for Clearinghouse and Central Bank Modernization
April 28, 2022  |  Investments

Colombia-based FinTech Minka on Thursday (April 28) grabbed $24 million in capital through a funding round that it will use to continue the modernization of...

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FinTech IPO Index Continues Free Fall Amid Conflicting Signals on Consumer Spend, Earnings Season
FinTech IPO Index Continues Free Fall Amid Conflicting Signals on Consumer Spend, Earnings Season
April 28, 2022  |  IPO

Down 7.5% for the week. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Zai Offers CurrencyFair Money Transfer System to US Customers
Zai Offers CurrencyFair Money Transfer System to US Customers
April 28, 2022  |  Payment Methods

Embedded finance provider Zai has launched its CurrencyFair money transfer service for customers across the U.S. Get the Full Story Complete the form to unlock...

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WeBank’s New Brand, WeBank Blockchain, to Promote ESG Strategies
WeBank’s New Brand, WeBank Blockchain, to Promote ESG Strategies
April 27, 2022  |  Blockchain

WeBank, the Chinese digital bank, announced its new brand, WeBank Blockchain, which will develop financial infrastructure and blockchain technology to promote environmental, social and governance...

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Today in FinTech: Optty to Debut BNPL Provider Platform, PSCU Launches Crypto Microsite for CUs
Today in FinTech: Optty to Debut BNPL Provider Platform, PSCU Launches Crypto Microsite for CUs
April 27, 2022  |  Technology

In today’s FinTech news, Optty is launching an integrated buy now, pay later (BNPL) platform with multiple payment options, while PSCU is introducing a microsite...

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Raisin Bank, B2B Payments Firm Mondu Offer BNPL Tool
Raisin Bank, B2B Payments Firm Mondu Offer BNPL Tool
April 27, 2022  |  B2B Payments

Banking-as-a-Service (BaaS) provider Raisin Bank and B2B payment specialist Mondu have joined forces to offer a buy now, pay later service to B2B merchants. Get...

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FRAML Payments Guide: FIs Need to Update Their Crime-Fighting Tactics
FRAML Payments Guide: FIs Need to Update Their Crime-Fighting Tactics
April 27, 2022  |  Fraud Prevention

Hackers and cybercriminals are becoming more sophisticated by the day, if not the hour or the minute, but too many financial institutions are holding on...

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UK’s Financial Regulator Chief Lures Crypto Firms
UK’s Financial Regulator Chief Lures Crypto Firms
April 27, 2022  |  Cryptocurrency

Nikhil Rathi, the Head of the U.K.’s Financial Conduct Authority (FCA), gave a speech at City Week 2022 on April 26, in which he stressed...

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