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.

AvidXchange Closes Funding Round With $127M
AvidXchange Closes Funding Round With $127M
April 21, 2020  |  B2B Payments

North Carolina-based AvidXchange has raised $127 million after a funding round, according to a U.S. Security and Exchange Commission filing. Get the Full Story Complete the form...

READ MORE >
FinTech Faces Hurdles Making SBA Loans
FinTech Faces Hurdles Making SBA Loans
April 16, 2020  |  Digital Banking

PayPal Holdings Inc., Square Inc. and Intuit Inc., three California technology companies, all wanted a piece of the federal government’s $350 billion loan program, which was...

READ MORE >
Santander FinTech PagoFX To Compete With TransferWise
Santander FinTech PagoFX To Compete With TransferWise
April 16, 2020  |  Banking

Madrid-based Santander, the world’s 16th-largest bank, is set to roll out PagoFX, a new FinTech spinout intended to compete with cross-border money transfer service provider...

READ MORE >
The Many Answers To ‘What Is A Bank?’
The Many Answers To ‘What Is A Bank?’
April 13, 2020  |  Banking

The definition of a bank was more or less unchanged for centuries. Then, within a matter of a few years, the old definitions have become...

READ MORE >
WEX Reorganizes With New Team For B2B Payments
WEX Reorganizes With New Team For B2B Payments
April 13, 2020  |  Personnel

Payments FinTech WEX is introducing a new corporate payment solutions team as it moves to reorganize its business, the company said in a statement on...

READ MORE >
India SME Lender Capital Float Tops Up Funding
India SME Lender Capital Float Tops Up Funding
April 10, 2020  |  B2B Payments

After having notched more than $110 million in equity funding in the past, India’s Capital Float has received a top-off of $4.8 million from current...

READ MORE >
Trend Talk: FIs And FinTechs Can Operationalize Aid Fast, Get Liquidity Flowing
Trend Talk: FIs And FinTechs Can Operationalize Aid Fast, Get Liquidity Flowing
April 10, 2020  |  Banking

Contradiction, confusion and, glaringly, the absence of promised government cash has intensified the crisis now gripping American businesses, from Main Street to Wall Street. Get...

READ MORE >
Fed Eyes Opening SBA Loans To FinTechs
Fed Eyes Opening SBA Loans To FinTechs
April 09, 2020  |  Loans

The demand for Small Business Administration (SBA) loans has led the Federal Reserve to consider allowing non-bank lenders to speed distribution of $350 billion in...

READ MORE >
Why Australia’s Banking System Helps — And Hurts — SMB Card Adoption
Why Australia’s Banking System Helps — And Hurts — SMB Card Adoption
April 09, 2020  |  B2B Payments

Access to financial services is a staple of success for any business, but many SMBs can face particularly high hurdles when accessing the products and...

READ MORE >