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.

3 Takeaways as Enforcement Actions and Data Breaches Roil BaaS Models

3 Takeaways as Enforcement Actions and Data Breaches Roil BaaS Models
3 Takeaways as Enforcement Actions and Data Breaches Roil BaaS Models
June 02, 2025  |  Banking

As nonbank enterprises offer financial services, aided by traditional financial institutions and FinTechs, the emergence of the banking-as-a-service (BaaS) model has promised to transform lending...

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Chime Announces IPO Price Valuing It at $11 Billion
Chime Announces IPO Price Valuing It at $11 Billion
June 02, 2025  |  IPO

Chime Financial launched the roadshow for its initial public offering (IPO). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Open Banking Rule in Limbo as Legal Jousting Continues
Open Banking Rule in Limbo as Legal Jousting Continues
June 02, 2025  |  Bank Regulation

It’s Monday, June 2 and at this writing the ultimate fate of Rule 1033 — the so-called “open banking” rule set in motion last year...

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Stripe Calls Out ‘Giant Leap’ Into Stablecoins and AI
Stripe Calls Out ‘Giant Leap’ Into Stablecoins and AI
May 29, 2025  |  Payments As A Service

Stripe has launched what it calls a “major expansion” of its money movement capabilities. Get the Full Story Complete the form to unlock this article...

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Exodus, Worldpay Team on Crypto Purchases With Cards
Exodus, Worldpay Team on Crypto Purchases With Cards
May 29, 2025  |  Cryptocurrency

Exodus said Thursday (May 29) that Worldpay supplies the card payment capabilities used in its new solution that allows consumers to use a debit or...

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Amid Rule 1033 Uncertainty, Banks Urged Not to Retreat on APIs
Amid Rule 1033 Uncertainty, Banks Urged Not to Retreat on APIs
May 29, 2025  |  Payments Innovation

No matter what ultimately happens with the Consumer Financial Protection Bureau’s Rule 1033 (also known as the open banking rule), pay by bank is here...

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Global Payments Divests Payroll Unit to Acrisure for $1.1 Billion
Global Payments Divests Payroll Unit to Acrisure for $1.1 Billion
May 28, 2025  |  Payroll

Payment tech company Global Payments is selling its payroll business for $1.1 billion. Get the Full Story Complete the form to unlock this article and...

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Robinhood Brings Its ‘Legend’ Trading Platform to the UK
Robinhood Brings Its ‘Legend’ Trading Platform to the UK
May 28, 2025  |  Fintech Investments

Robinhood says its browser-based desktop trading platform is now available to U.K. customers. Get the Full Story Complete the form to unlock this article and enjoy...

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Drumbeat Gets Louder for Nonbank Regulations
Drumbeat Gets Louder for Nonbank Regulations
May 27, 2025  |  Regulation

Nonbanks have risen in stature and as key players in the global financial system, especially in the wake of the Great Recession earlier in the...

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