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.

Ant Financial Buys Stake In Vietnamese eWallet eMonkey
Ant Financial Buys Stake In Vietnamese eWallet eMonkey
December 20, 2019  |  Mobile Payments

China’s Ant Financial has negotiated an unannounced strategic investment in Vietnam’s eWallet startup eMonkey, Reuters reported on Friday (Dec. 20) citing sources. Get the Full...

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Ant Financial Invests In Vietnam’s eMonkey
Ant Financial Invests In Vietnam’s eMonkey
December 19, 2019  |  Retail

In a move that was not announced due to concerns that anti-China sentiment in Vietnam could lead to potential pushback, China’s Ant Financial has quietly...

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How Open Banking, Faster Payments Change Banks’ Fraud Threat
How Open Banking, Faster Payments Change Banks’ Fraud Threat
December 19, 2019  |  B2B Payments

An explosion of FinTech innovation has jump-started traditional financial institutions’ (FIs) digitization efforts. M&A initiatives and partnerships, Open Banking business models and data integrations, and...

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Indian FinTech ZestMoney Raises $15M Led By Goldman Sachs
Indian FinTech ZestMoney Raises $15M Led By Goldman Sachs
December 19, 2019  |  Alternative Finances

Bangalore-based FinTech ZestMoney has raised $15 million in a Series B funding round led by Goldman Sachs and existing investors Naspers, Quona Capital, and Omidyar...

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Tradeshift Taps Blockchain To Cut Cross-Border B2B Payment Costs
Tradeshift Taps Blockchain To Cut Cross-Border B2B Payment Costs
December 18, 2019  |  B2B Payments

Supply chain FinTech startup Tradeshift is cutting cross-border supplier-buyer transaction fees by tapping the public Ethereum blockchain, Coindesk reported on Wednesday (Dec. 18). Get the...

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African FinTech Chipper Cash Gets $6M To Enter New Markets
African FinTech Chipper Cash Gets $6M To Enter New Markets
December 17, 2019  |  Investments

Chipper Cash, a FinTech startup in Africa that facilitates cross-border peer-to-peer (P2P) payment services in Kenya, Rwanda, Tanzania, Nigeria, Uganda and Ghana, has raised $6...

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Open Banking Casts Global Net
Open Banking Casts Global Net
December 17, 2019  |  B2B Payments

Open Banking is making its rounds across the globe as regulators embrace financial services industry competition, and as financial services players — both banks and...

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B2B Payments Explores An Alternative Path To ACH Adoption
B2B Payments Explores An Alternative Path To ACH Adoption
December 17, 2019  |  B2B Payments

Paper checks are gradually shrinking their market share in the B2B payments landscape, yet the outdated payment tool remains in-use for up to 80 percent...

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Deep Dive: How The Challenger Bank Technology Gap Is Helping Fraudsters
Deep Dive: How The Challenger Bank Technology Gap Is Helping Fraudsters
December 17, 2019  |  Digital Banking

Fraudsters are approaching their less-than-ethical business models with healthy work ethics. Headlines are filled with reports of service outages and data breaches, and both banks...

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