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.

Regional Banks Accelerate Modernization Through FinTech
Regional Banks Accelerate Modernization Through FinTech
February 09, 2021  |  B2B Payments

For large, global financial institutions (FIs), modernizing is no easy feat. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Report: Robinhood Margin Account Users 14 Times More Likely To Default
Report: Robinhood Margin Account Users 14 Times More Likely To Default
February 08, 2021  |  Investments

It’s not a well-publicized feature, but stock trading app Robinhood is also in the lending business. Late last week, some issues with that business attracted...

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GajiGesa Raises $2.5 Million To Reach More Underbanked Indonesians
GajiGesa Raises $2.5 Million To Reach More Underbanked Indonesians
February 04, 2021  |  Investments

The FinTech GajiGesa Indonesia has landed $2.5 million in a seed round of funding. The company announced via LinkedIn that the funding will be used to...

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Today In Payments Around The World: Klarna Registers Strong US Growth; Careem Debuts Commission-Free Model For Eateries
Today In Payments Around The World: Klarna Registers Strong US Growth; Careem Debuts Commission-Free Model...
February 04, 2021  |  News

In today’s top payments news around the world, Swedish buy now, pay later (BNPL) upstart Klarna is experiencing record U.S. growth, while Careem is introducing...

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The Clearing House: New Data Risk Assessment Facilitates Bank/FinTech Collaboration
The Clearing House: New Data Risk Assessment Facilitates Bank/FinTech Collaboration
February 04, 2021  |  Risk Management

As mobile banking proliferates and digital-first initiatives become the hallmark of financial services, bringing FinTechs and banks together on the same page — literally —...

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PayPal Hits 377 Million Active Accounts In 2020; Q4 PayPal Credit TPV Hits $750 Million
PayPal Hits 377 Million Active Accounts In 2020; Q4 PayPal Credit TPV Hits $750 Million
February 03, 2021  |  Earnings

PayPal posted fourth-quarter results Wednesday (Feb. 3) that showed continued tailwinds under the rise of digital, and, specifically, contactless payments. Total payments volume stood at...

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Robinhood Marches On With IPO Despite GameStop Trading Debacle
Robinhood Marches On With IPO Despite GameStop Trading Debacle
February 03, 2021  |  IPO

FinTech startup Robinhood is moving forward with a planned initial public offering (IPO) and will either pursue a direct listing or seek a special purpose...

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Bill Me Later Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals
Bill Me Later Co-Founders Launch Deep Lake Capital SPAC For FinTech Deals
February 03, 2021  |  IPO

Talk about credentials. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

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FIs Embrace FinTech Options To Bolster Business Banking
FIs Embrace FinTech Options To Bolster Business Banking
February 02, 2021  |  B2B Payments

There is more than one way to embrace collaboration in today’s business banking environment. This week’s look at the latest in open banking and bank-FinTech...

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