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.

SPAC Shares Have Plummeted 25% Since Feb.

SPAC Shares Have Plummeted 25% Since Feb.
SPAC Shares Have Plummeted 25% Since Feb.
September 02, 2021  |  Economy

Special purpose acquisition companies (SPACs) have seen a rout wipe out much of their value after looking promising earlier in the year, The Wall Street...

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NayaPay FinTech Gets License to Operate in Pakistan
NayaPay FinTech Gets License to Operate in Pakistan
September 02, 2021  |  Mobile Wallets

NayaPay has become the first electronic money institution (EMI) in Pakistan, after the company was granted commercial approval to operate by the country’s central bank,...

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Federal Agencies Issue FinTech Guidance For Community Banks
Federal Agencies Issue FinTech Guidance For Community Banks
September 02, 2021  |  Bank Regulation

Guidance published in collaboration with several federal agencies was recently handed down to offer voluntary counsel for community banks launching partnerships with FinTechs, according to...

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TikTok Parent ByteDance Curtails FinTech Biz, Spins off Stock Trading Unit
TikTok Parent ByteDance Curtails FinTech Biz, Spins off Stock Trading Unit
September 02, 2021  |  Regulation

TikTok parent ByteDance is curtailing its FinTech operations and selling off its stock brokerage business as Chinese regulators continue to wield power over companies that...

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Latin America’s Market Dynamics Can Help Nuvemshop Leapfrog Into Pole Position
Latin America’s Market Dynamics Can Help Nuvemshop Leapfrog Into Pole Position
September 02, 2021  |  eCommerce

Kushki Chief Executive Aron Schwarzkopf sees Latin America as one of the last frontiers in terms of digitization of payments. It’s a place that relies...

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Clicklease Lists Sandlot as Investor in Series A Round
Clicklease Lists Sandlot as Investor in Series A Round
September 01, 2021  |  B2B Payments

Fintech company Clicklease has ended a Series A funding round with $63 million, according to a press release. Get the Full Story Complete the form to...

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Working Capital FinTech PrimeRevenue Boosts Receivables Finance Tools
Working Capital FinTech PrimeRevenue Boosts Receivables Finance Tools
August 31, 2021  |  B2B Payments

Working capital FinTech PrimeRevenue is augmenting its receivables finance solutions to enable financial institutions (FIs) to broaden their programs for receivables, a feature that is...

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Deep Dive: Why Self-Service Is the Rising Star of CUs’  Branch-Based Banking Experiences
Deep Dive: Why Self-Service Is the Rising Star of CUs’ Branch-Based Banking Experiences
August 31, 2021  |  Credit Unions

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

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Visa, UnionBank Collaborate To Offer FinTechs Personalized Payment Gateways
Visa, UnionBank Collaborate To Offer FinTechs Personalized Payment Gateways
August 30, 2021  |  Partnerships / Acquisitions

UnionBank of the Philippines is partnering with Visa’s FinTech Fast Track program as a bank identification number (BIN) sponsor that will enable FinTechs in the...

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