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.

Embed Snags $60M From Investors Ahead of Q4 Launch

Embed Snags $60M From Investors Ahead of Q4 Launch
Embed Snags $60M From Investors Ahead of Q4 Launch
October 22, 2021  |  Investments

Vancouver-based FinTech startup Embed recently locked down $60 million in equity and debt investment ahead of its planned product launch by the end of 2021,...

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Startup Worldcoin Wants to Scan Users’ Eyes to Give Out Free Crypto
Startup Worldcoin Wants to Scan Users’ Eyes to Give Out Free Crypto
October 21, 2021  |  Cryptocurrency

Worldcoin, a new startup that purports to hand out free cryptocurrency through iris scans, has attracted $25 million in funding from various investors, CNBC reported...

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FinTech Brex Launches API, Zapier Integration
FinTech Brex Launches API, Zapier Integration
October 21, 2021  |  B2B Payments

The B2B FinTech Brex has launched Brex API, a tool the Silicon Valley company says will allow its customers to manage their financial information in...

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Plaid’s ‘Ecosystem of Payment Partners’ Shows Breadth of Open Banking
Plaid’s ‘Ecosystem of Payment Partners’ Shows Breadth of Open Banking
October 21, 2021  |  Digital Payments

In the wake of its abandoned deal with Visa, Plaid is fully venturing on its own into the payments landscape. Get the Full Story Complete...

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FinTech Startup Plaid Unveils Payments Program
FinTech Startup Plaid Unveils Payments Program
October 21, 2021  |  Digital Payments

FinTech startup Plaid is planning to unveil a new payments program on Thursday (Oct. 21) that will facilitate digital payments funded by users’ bank accounts,...

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Wells Fargo Invests $10M in Cloud Payments Firm Volante
Wells Fargo Invests $10M in Cloud Payments Firm Volante
October 20, 2021  |  Investments

Volante Technologies, a cloud pay and financial messaging firm, announced in a Wednesday (Oct. 20) press release that it received $10 million in growth funding...

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Reserve Bank of India Fines Paytm, Western Union for Regulations Violations
Reserve Bank of India Fines Paytm, Western Union for Regulations Violations
October 20, 2021  |  Legal & Regulation

The Reserve Bank of India (RBI) has announced a monetary penalty of Rs 1 crore (about $133,670) on Paytm Payments Bank for the charge of...

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55% of Finance Officials Say Billing Disputes are Among Their Greatest Challenges
55% of Finance Officials Say Billing Disputes are Among Their Greatest Challenges
October 20, 2021  |  B2B Payments

As FinTechs, banks and corporates work to develop new financial solutions to address B2B pain points, banking-as-a-service (BaaS) has gained traction, as it allows banking...

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