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.

Airwallex Teams With Deutsche Bank For Foreign Exchange, Collections
Airwallex Teams With Deutsche Bank For Foreign Exchange, Collections
July 28, 2020  |  B2B Payments

Deutsche Bank will allow FinTech firm Airwallex to offer foreign exchange services powered by application programming interface (API) in Hong Kong and virtual account collections in Japan,...

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FinTech Dave Reports Data Breach Involving 7.5M Users
FinTech Dave Reports Data Breach Involving 7.5M Users
July 27, 2020  |  Security & Fraud

Hackers boasting that they have “cracked” some of the hashed passwords stolen from digital banking aggregator Dave may be one of the most disturbing elements...

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FinTech Startup Revolut Raises $80M At $5.5B Valuation
FinTech Startup Revolut Raises $80M At $5.5B Valuation
July 24, 2020  |  Investments

London startup mobile bank Revolut Ltd. has secured $80 million in new funding at a $5.5 billion valuation as part of its Series D round...

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Independent Panel To Review UK’s FinTech Sector 
Independent Panel To Review UK’s FinTech Sector 
July 21, 2020  |  Fintech Investments

A panel established to grow the United Kingdom’s financial technology (FinTech) sector plans a review of the industry to identify opportunities for growth, the government...

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India’s InsurTech Policybazaar Eyes IPO
India’s InsurTech Policybazaar Eyes IPO
July 20, 2020  |  IPO

Policybazaar is gearing up for a $500 million initial public offering (IPO) as the online insurance platform drives a wave of rising demand for coverage...

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Helping Big Banks Overcome Their Cloud Paralysis
Helping Big Banks Overcome Their Cloud Paralysis
July 17, 2020  |  Digital Banking

Migrating to the cloud is an imperative part of traditional financial institutions’ (FIs’) ability to compete with digital-native FinTechs. The technology lays the foundation for...

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Fidel Targets US Market In Expansion Of Card-Linking Technology
Fidel Targets US Market In Expansion Of Card-Linking Technology
July 16, 2020  |  International

U.K.-based Fidel, which builds out tech infrastructure for card-based loyalty reward programs, is jumping across the pond to expand into the U.S. market, while also...

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The Payments Industry Was Ready
The Payments Industry Was Ready
July 16, 2020  |  Payments Innovation

“Sustained business success is dependent on business readiness to adapt to the changes in the market conditions, including the evolving needs of customers.” Get the...

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Rapyd Launches All-In-One Payment In Mexico 
Rapyd Launches All-In-One Payment In Mexico 
July 10, 2020  |  International

Rapyd, the B2B financial technology-as-a-service company, launched an integrated payment solution in Mexico, allowing companies to access all local payment methods through one network, according...

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