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.

Plaid API Platform Gives Banks Access To Data Tools, 2,600 Apps
Plaid API Platform Gives Banks Access To Data Tools, 2,600 Apps
May 19, 2020  |  API

More individuals and businesses than anticipated are turning to FinTechs for their financial needs, as the demand is possibly accelerated by the coronavirus pandemic. As...

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ECB: Setting The Stage For Pan-European Real Time Cross-Border Payments
ECB: Setting The Stage For Pan-European Real Time Cross-Border Payments
May 19, 2020  |  Faster Payments

The COVID-19 pandemic has shaken both the United States and global economies, with 38.4 percent of small to mid-sized businesses (SMBs) reducing their payroll and...

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Kabbage Is Revived By Processing PPP Loans
Kabbage Is Revived By Processing PPP Loans
May 18, 2020  |  Loans

Kabbage Inc., the financial technology company that funds small businesses, has issued 110,000 Paycheck Protection Program (PPP) applications totaling more than $3.5 billion, the Atlanta-based...

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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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