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.

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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German FinTech N26 Notches $100M Amid Uncertainty
German FinTech N26 Notches $100M Amid Uncertainty
May 05, 2020  |  Investments

German challenger bank N26 closed a funding deal for an additional $100 million as it prepares for financial uncertainty due to the global coronavirus pandemic....

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Challenger Banks Raise The Stakes (And The Cash)
Challenger Banks Raise The Stakes (And The Cash)
May 01, 2020  |  B2B Payments

With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market,...

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Tide Revamps SMB Overdraft, Card Offerings With Mambu
Tide Revamps SMB Overdraft, Card Offerings With Mambu
April 30, 2020  |  B2B Payments

Cloud banking platform Mambu will help business banking platform Tide expand its services, including innovations in releasing larger overdrafts, credit cards and invoice financing, according...

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Embattled OnDeck Reports $59 Million Net Loss
Embattled OnDeck Reports $59 Million Net Loss
April 30, 2020  |  Earnings

Already facing harsh criticism from an activist investor, FinTech OnDeck reported a $59 million first-quarter net loss and $57.6 million adjusted net loss due to an...

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Innovating Next-Gen Credit Solutions
Innovating Next-Gen Credit Solutions
April 30, 2020  |  Alternative Credit

A steady progression of credit throughout decades finds payments at a new frontier. Get the Full Story Complete the form to unlock this article and...

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FinTechs Expand Open Banking Opportunity For Banks
FinTechs Expand Open Banking Opportunity For Banks
April 29, 2020  |  B2B Payments

New solutions continue to roll out as a result of open banking frameworks around the world and banks’ increasing willingness to collaborate with FinTechs. This...

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