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.

SoftBank-Backed OneConnect Takes A 50 Pct Valuation Hit
SoftBank-Backed OneConnect Takes A 50 Pct Valuation Hit
December 12, 2019  |  Investments

China’s cloud-based FinTech platform OneConnect reduced its U.S. initial public offering (IPO) on Thursday (Dec. 12) by nearly 50 percent, the Financial Times (FT) reported....

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Brex Scores $200M Credit Line
Brex Scores $200M Credit Line
December 12, 2019  |  Investments

San Francisco FinTech Brex announced a $200 million debt capital raise from Credit Suisse that will be used to expand its eCommerce business and credit...

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Curve Users Can Now Pay Via Fitbit, Garmin And Wena Pay
Curve Users Can Now Pay Via Fitbit, Garmin And Wena Pay
December 12, 2019  |  Wearables

U.K. FinTech startup Curve has widened its range of wearables by partnering with Garmin, Fitbit and Sony’s Wena pay, Curve said in a press release...

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The Keys To Big Wins In Payments And Commerce
The Keys To Big Wins In Payments And Commerce
December 12, 2019  |  Today In Data

Artificial intelligence is making strides in a variety of areas, some of them unexpected. Cross-border payments, alternative lending and FinTech are thriving in new ways – and for new players. And...

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B2B APIs Underscore The Need For Speed
B2B APIs Underscore The Need For Speed
December 12, 2019  |  API

There is as yet no Venmo or Zelle for the $38 trillion global business-to-business (B2B) payments sector. That’s surprising for several reasons, and here’s a...

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Robinhood Rolls Out Interest-Earning Bank Account
Robinhood Rolls Out Interest-Earning Bank Account
December 12, 2019  |  Startups

Online brokerage startup Robinhood has introduced a cash management service that will give customers 1.8 percent interest on any money they don’t have in stocks,...

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Why P2P Could Soon Play A Leading Role In Middle East FinTech
Why P2P Could Soon Play A Leading Role In Middle East FinTech
December 11, 2019  |  Alternative Finances

When it comes to lending — to say nothing of the wider world of payments — innovation and disruption have been on the rise in...

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Credit Unions Find Opportunity In Payments Disruption
Credit Unions Find Opportunity In Payments Disruption
December 09, 2019  |  B2B Payments

Credit unions are underdogs in a financial services space still dominated by major traditional banks, particularly when it comes to small business (SMB) lending and...

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Regulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
Regulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use
December 09, 2019  |  Regulation

As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there should be “vigilant...

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