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.
Credit Unions Cure Churn With Enterprise Focus on Innovation
Credit Unions Cure Churn With Enterprise Focus on Innovation
March 26, 2024  |  Credit Unions

In a world where big banks have long dominated the financial landscape, a quiet revolution is underway. Credit unions (CUs), those member-owned financial cooperatives that...

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Brazilian FinTechs Under Pressure as Delinquency Rates Soar
Brazilian FinTechs Under Pressure as Delinquency Rates Soar
March 25, 2024  |  Loans

Brazilian FinTech firms are reportedly grappling with a surge in loan defaults, leading to a crisis in the asset-backed credit market. The delinquency rates on...

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Restaurant POS System Provider Lightspeed Considering Going Private
Restaurant POS System Provider Lightspeed Considering Going Private
March 25, 2024  |  Business

Lightspeed, which provides point-of-sale (POS) systems to restaurants, is reportedly considering going private. The firm went public five years ago but Dax Dasilva, interim CEO...

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The Innovation Imperative for Banks Starts With Personalized Digital Experiences
The Innovation Imperative for Banks Starts With Personalized Digital Experiences
March 25, 2024  |  Digital Banking

The traditional banking model and business roadmap for financial institutions needs future-proofing. Across today’s financial services landscape, digital increasingly rules the roost — making prioritizing...

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J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
J.P. Morgan Payments and Expedia: Platform Ecosystems Demand Treasurers Become Risk Management Professionals
March 25, 2024  |  Travel Payments

Jim Scurlock, senior director and assistant treasurer at Expedia, and Larson McNeil, co-head of marketplaces and digital ecosystems at J.P. Morgan Payments, told Karen Webster...

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Chime Plans to Launch IPO in US in 2025
Chime Plans to Launch IPO in US in 2025
March 22, 2024  |  IPO

Chime Financial reportedly plans to launch its initial public offering (IPO) in 2025. The FinTech company aims to do so in the United States but has...

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Thunes and Visa Expand Digital Wallet Partnership to Asia and Africa
Thunes and Visa Expand Digital Wallet Partnership to Asia and Africa
March 21, 2024  |  Digital Payments

Cross-border payments firm Thunes is expanding its partnership with Visa into Asia and Africa. The new collaboration, announced Thursday (March 21), will see Visa tap into Thunes’ network to...

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Small Business, Banks Embrace Credit Alternatives
Small Business, Banks Embrace Credit Alternatives
March 21, 2024  |  Loans

Banks — the stalwarts of traditional lending — are finding new channels and conduits to getting capital to borrowers, across alternative channels, and with FinTech...

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Navro Names PayPal Vet Colin Moss-Davies as Revenue Chief
Navro Names PayPal Vet Colin Moss-Davies as Revenue Chief
March 21, 2024  |  Personnel

British payments firm Navro has named a PayPal veteran to serve as its chief revenue officer. Colin Moss-Davies, PayPal’s former head of sales, was named to his new position...

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