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.

FinTech Brex Names Meta’s Karandeep Anand CPO; Notches $300M Funding

FinTech Brex Names Meta’s Karandeep Anand CPO; Notches $300M Funding
FinTech Brex Names Meta’s Karandeep Anand CPO; Notches $300M Funding
January 11, 2022  |  Investments

Business FinTech firm Brex hired Karandeep Anand away from Meta and appointed him chief product officer (CPO) on the heels of an additional $300 million...

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FinTechs Poised to Poach More SMBs From Banks in 2022 With Speed and Specialization
FinTechs Poised to Poach More SMBs From Banks in 2022 With Speed and Specialization
January 11, 2022  |  SMBs

Will 2022 be the year of the “Scooby Doo” ending when FinTechs reveal their true ambition to dominate small and medium-sized business (SMB) banking at...

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Brazilian Bank Topaz Buys Majority Stake in Cobiscorp
Brazilian Bank Topaz Buys Majority Stake in Cobiscorp
January 11, 2022  |  Partnerships

The Brazilian FinTech Stefanini Group has acquired a majority stake in Cobiscorp, an American core banking software maker, as part of a larger plan to...

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CBANC Debuts B2B FinTech Marketplace for CUs, Small Banks
CBANC Debuts B2B FinTech Marketplace for CUs, Small Banks
January 10, 2022  |  B2B Payments

Online banking and credit union community CBANC on Monday (Jan. 10) launched a new platform that features an online marketplace of products and solutions for...

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China’s OneConnect Closes Partnership Deal With PBOC’s Chengfang
China’s OneConnect Closes Partnership Deal With PBOC’s Chengfang
January 10, 2022  |  Partnerships

Technology-as-a-service platform OneConnect closed a partnership deal with Chengfang Financial Technology, a FinTech established by the People’s Bank of China (PBOC), according to a press...

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PBOC Has Open Banking, Supervision, Regulation on 2022-2025 FinTech Agenda
PBOC Has Open Banking, Supervision, Regulation on 2022-2025 FinTech Agenda
January 10, 2022  |  Cross-border Payments

On Friday (Jan. 7), the People’s Bank of China released its Financial Science and Technology Plan for 2022-2025, which aims to support the growth of...

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India’s Central Bank Starts FinTech Division
India’s Central Bank Starts FinTech Division
January 10, 2022  |  Cross-border Payments

India’s central bank is setting up a FinTech department to drive innovation, oversee the exchange of cryptocurrencies and develop regulations for the release of its...

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Amount: 2021 Was the Year of Relevance
Amount: 2021 Was the Year of Relevance
January 10, 2022  |  Opinion

Faced with ever-increasing competition from would-be disruptors, banks and FinTechs forged alliances to meet the needs of digital-first customers. Read Amount CEO Adam Hughes’ thoughts...

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