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.

B2B FinTechs Find Funding To Ease Firms’ Digital Transformations
B2B FinTechs Find Funding To Ease Firms’ Digital Transformations
May 15, 2020  |  B2B Payments

Much of the $117 million raised by B2B FinTechs from venture capitalists this week targets money management services for businesses, including invoice financing, lending and...

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Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
Monzo Closes In On New Funding As Valuation Plunges 40 Pct 
May 15, 2020  |  Investments

London FinTech unicorn Monzo is closing in on a new funding round as it faces a near 40 percent drop in valuation due to coronavirus...

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Mastercard, Enel X Win Bid To Develop Israeli FinTech Lab
Mastercard, Enel X Win Bid To Develop Israeli FinTech Lab
May 13, 2020  |  Mastercard

Mastercard and technology solutions firm Enel X are teaming up after winning a competitive bid to develop a FinTech and cybersecurity innovation lab in partnership...

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Green Dot and the Changing (Digital) Face of Banking
Green Dot and the Changing (Digital) Face of Banking
May 12, 2020  |  Banking

If the landscape of how we bank is changing – toward digital-first firms, of course – the question arises: Just what is a bank?  And where...

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For Credit Unions, An Innovation Mantra: ‘Easy Is The New Loyalty’
For Credit Unions, An Innovation Mantra: ‘Easy Is The New Loyalty’
May 12, 2020  |  Credit Unions

We can divide financial services into two eras: before the pandemic and after. Get the Full Story Complete the form to unlock this article and...

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Small Businss Banking Secures New FinTech Unicorn
Small Businss Banking Secures New FinTech Unicorn
May 08, 2020  |  B2B Payments

There may be talk of a venture capital slowdown, but B2B FinTech saw a busy week, with more than $280 million raised. Investors found promise...

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Today In Payments: Frontier Retracts $39 ‘More Room’ Fee On Flights; Square Merchants Shift Online As POS Volumes Sink
Today In Payments: Frontier Retracts $39 ‘More Room’ Fee On Flights; Square Merchants Shift Online...
May 07, 2020  |  News

In today’s top news, Frontier Airlines retracted its $39 “More Room” fee to ensure an empty seat between passengers, and Square released a mixed earnings...

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Visa Leads Latest Funding For FinTech Startup Nium 
Visa Leads Latest Funding For FinTech Startup Nium 
May 06, 2020  |  Cross-border Payments

FinTech payments startup Nium, based in Singapore, is getting a new round of funding led by new investors Visa and BRI Ventures. Get the Full...

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Revolut Eyes Consolidation, Looks To Buy Distressed Rivals
Revolut Eyes Consolidation, Looks To Buy Distressed Rivals
May 05, 2020  |  Digital Banking

London-based FinTech Revolut is planning to tap the $500 million it got from investors to acquire competing technology firms suffering from the impact of the...

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