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.

Shifting Logistics To The Center Of Trade Finance

Shifting Logistics To The Center Of Trade Finance
Shifting Logistics To The Center Of Trade Finance
November 05, 2019  |  B2B Payments

The Asian Development Bank‘s estimation of a $1.5 trillion gap in available trade finance is both concerning (particularly to small and medium-sized businesses [SMBs] struggling...

READ MORE >
Bank of America Readies Launch Of Multi-Account Cash Forecasting
Bank of America Readies Launch Of Multi-Account Cash Forecasting
November 04, 2019  |  B2B Payments

Bank of America is developing a new cash-flow forecasting solution for its corporate customers in conjunction with a FinTech partner. Get the Full Story Complete...

READ MORE >
Santander Takes Big Stake In UK FinTech
Santander Takes Big Stake In UK FinTech
November 04, 2019  |  Partnerships / Acquisitions

Spanish bank Banco Santander is acquiring just over 50 percent of the U.K. payments platform Ebury for £350 million ($453 million), Ebury announced in a...

READ MORE >
SPEZA To Accept China’s New Sovereign Digital Currency
SPEZA To Accept China’s New Sovereign Digital Currency
November 03, 2019  |  Digital Payments

FinTech company SPEZA announced that it will be able to accept China’s Digital Currency Electronic Payment (DCEP), the world’s first sovereign digital currency. Get the...

READ MORE >
South Korea Starts Pilot-Launch Of Open Banking System
South Korea Starts Pilot-Launch Of Open Banking System
November 01, 2019  |  Banking

South Korea has started a pilot-testing program for open banking, according to a release. The company started testing on Wednesday (Oct. 30). Get the Full...

READ MORE >
Trending: The Rise Of Instant Payments In Lending
Trending: The Rise Of Instant Payments In Lending
November 01, 2019  |  Disbursements

More consumers want faster disbursements through digital channels for more complex financial transactions, and they want that functionality available now. Merchants and disbursements providers need...

READ MORE >
Top News In Payments: Uber, Lyft, DoorDash Back Initiative To Fight Gig Worker Law; Adobe Predicts Holiday Sales To Reach $143.7B
Top News In Payments: Uber, Lyft, DoorDash Back Initiative To Fight Gig Worker Law; Adobe...
October 30, 2019  |  News

In today’s payments news, Uber, Lyft and DoorDash are backing a ballot initiative to exempt themselves from California’s landmark law that re-classifies gig workers as employees. Also, a study by Adobe Analytics found that the upcoming...

READ MORE >
Capital’s Venture Debt Alternative To Invest $100M In Startups
Capital’s Venture Debt Alternative To Invest $100M In Startups
October 30, 2019  |  Investments

New York-based FinTech startup Capital, an alternative financing company for startups, launched on Wednesday (Oct. 30) with a $100 million fund to invest in middle-stage...

READ MORE >
Open Banking Goes Straight To The Corporate Customer
Open Banking Goes Straight To The Corporate Customer
October 30, 2019  |  B2B Payments

Open banking jumped onto the financial services scene with a focus on enabling consumer-facing FinTech platforms to connect with their users’ bank account data. The...

READ MORE >