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.

Germany Asks For Interpol Help To Find Ex-Wirecard COO
Germany Asks For Interpol Help To Find Ex-Wirecard COO
July 30, 2020  |  Security & Fraud

Germany is seeking help from Russia to help locate missing Wirecard executive Jan Marsalek, The Wall Street Journal (WSJ) reported. Get the Full Story Complete...

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Paytm Money Taps Veteran FinTech Exec As New CEO
Paytm Money Taps Veteran FinTech Exec As New CEO
July 29, 2020  |  Personnel

Paytm Money, which bills itself as India’s largest online investment and wealth management platform, announced Wednesday (July 29) it has appointed Varun Sridhar as its...

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Enova To Buy OnDeck In $90M Stock And Cash Deal
Enova To Buy OnDeck In $90M Stock And Cash Deal
July 29, 2020  |  Partnerships / Acquisitions

Enova International plans to acquire online small-business lender OnDeck for some $90 million in cash and stock. Get the Full Story Complete the form to unlock this article...

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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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