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.

Deutsche Bank Takes Stake In Open Banking FinTech
Deutsche Bank Takes Stake In Open Banking FinTech
September 19, 2019  |  Partnerships / Acquisitions

Deutsche Bank has acquired a 4.9 percent stake in the German-based FinTech Deposit Solutions, according to a Deutsche Bank press release on Thursday (Sept. 19)....

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Stripe Raises $250M At $35B Valuation
Stripe Raises $250M At $35B Valuation
September 19, 2019  |  Investments

FinTech Stripe is raising $250 million in its latest funding round and has reached a pre-money valuation of $35 billion, according to a release on...

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Aussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
Aussie FinTech Douugh Expands Mastercard Debit Cards To US Customers
September 19, 2019  |  Digital Banking

Australian consumer FinTech company Douugh is kicking off its visual “Savings Jar” feature as it widens the availability of its artificial intelligence (AI)-assisted bank account...

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What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
What Brexit Uncertainty Will Mean For Ireland’s FinServ Future
September 19, 2019  |  Global Payments

The Brexit saga is a case study in uncertainty ever since then-British Prime Minister David Cameron stepped down June 24, 2016, the day after the...

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TransferWise Reports 66 Pct. Profit Growth YOY
TransferWise Reports 66 Pct. Profit Growth YOY
September 18, 2019  |  International

TransferWise, one of Europe’s top five FinTech startups, announced profits for the third fiscal year in a row, with revenue after taxes 66 percent higher...

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Open Banking Startup Bud Lays Off One-Fifth Of Workforce
Open Banking Startup Bud Lays Off One-Fifth Of Workforce
September 18, 2019  |  B2B Payments

Open banking FinTech startup Bud is reportedly laying off up to one-fifth of its staff just months after announcing a $20 million fundraise, The Telegraph...

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Top Banks Keep Ahead Of FinTechs’ Competitive Threat
Top Banks Keep Ahead Of FinTechs’ Competitive Threat
September 18, 2019  |  B2B Payments

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. Get the Full Story Complete the form to unlock this article...

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FinTech/API Efforts Gain Ground in Europe
FinTech/API Efforts Gain Ground in Europe
September 18, 2019  |  B2B Payments

Open banking is opening doors for FinTech and FI collaborations, where cross pollination of financial services and products is gathering momentum.  In Europe, new offerings...

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