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.

Greenlight Raises $54M To Enhance Kid-Friendly Financial Tools

Greenlight Raises $54M To Enhance Kid-Friendly Financial Tools
Greenlight Raises $54M To Enhance Kid-Friendly Financial Tools
September 16, 2019  |  Investments

Greenlight, which provides a debit card and app to teach kids about financial education, has closed a $54 million Series B funding round that was...

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Plaid Gets Strategic Funding From Visa And Mastercard
Plaid Gets Strategic Funding From Visa And Mastercard
September 16, 2019  |  Investments

Plaid, which focuses on APIs, said on Mon. (Sept. 16) that it has received strategic investments from Mastercard and Visa. The companies said in the...

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How SMB FinTech Elevates (Not Negates) The Need For Humans
How SMB FinTech Elevates (Not Negates) The Need For Humans
September 16, 2019  |  B2B Payments

Experts may agree that small business owners have more choice than ever before when it comes to adoption of FinTech — thanks in part to...

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Startups, Instant Payments Could Put $280B In Global Payments Revenue At Risk For Banks
Startups, Instant Payments Could Put $280B In Global Payments Revenue At Risk For Banks
September 16, 2019  |  Digital Payments

As more startups penetrate the $1.5 trillion global payments market with free services, banks could lose as much as $280 billion in revenue by 2025,...

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New Report: How Consumers Use Connected Devices To Shop And Pay
New Report: How Consumers Use Connected Devices To Shop And Pay
September 16, 2019  |  Payments Innovation

Voice is connected commerce’s killer app. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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Trending: Why BlueJeans Pays Local On A Global Commerce Stage
Trending: Why BlueJeans Pays Local On A Global Commerce Stage
September 16, 2019  |  Cross Border Commerce

Subscription providers would be the first to state that payments need to move seamlessly and continuously across borders. Consumers do not want to encounter any...

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Singapore’s Hong Leong Eyes SMBs In Virtual Banking Pursuit
Singapore’s Hong Leong Eyes SMBs In Virtual Banking Pursuit
September 15, 2019  |  Banking

Singapore’s Hong Leong Finance is going to take advantage of the country’s plan to issue virtual banking licenses to transform itself into a tech-savvy lender....

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Neobank Northmill Gets Swedish Banking License
Neobank Northmill Gets Swedish Banking License
September 13, 2019  |  Digital Banking

The FinTech Northmill, which offers cloud-based financial services, was awarded a banking license from the Swedish Financial Supervisory Authority (SFSA) on Friday (Sept. 13), according...

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Affirm Looks To Raise $1.5B On $3B Valuation
Affirm Looks To Raise $1.5B On $3B Valuation
September 12, 2019  |  Innovation

Affirm, a FinTech that offers customers payment plans at the point of sale, is reportedly looking to raise around $1.5 billion in a debt and...

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