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.

Currencycloud Secures Funding For X-Border Technology

Currencycloud Secures Funding For X-Border Technology
Currencycloud Secures Funding For X-Border Technology
July 02, 2019  |  Investments

As part of a Series E round, cross-border payment application programming interface (API) company Currencycloud has raised approximately £32 million. The company’s technology is reportedly...

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Deep Dive: Modernizing Cross-Border Payments Infrastructure For Speed, Access
Deep Dive: Modernizing Cross-Border Payments Infrastructure For Speed, Access
July 02, 2019  |  Smarter Payments

Cross-border, B2B payments generated approximately $125 billion in revenue last year, a figure that continues to rise. FIs and FinTechs need to be ready to...

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A New Divide In Business Banking?
A New Divide In Business Banking?
July 02, 2019  |  B2B Payments

The 2008 global financial crisis forced traditional banks to pull back from small businesses (SMBs) considered too risky and unprofitable to finance, leaving a gap...

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InstaReM Eyes Singapore Digital Banking License
InstaReM Eyes Singapore Digital Banking License
July 01, 2019  |  International

While it gears up to apply for a digital banking license in Singapore, cross-border payments firm InstaReM is reportedly seeking lending business partners. The Monetary Authority...

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Why Drive, Not Size, Is Key To FI Innovation
Why Drive, Not Size, Is Key To FI Innovation
July 01, 2019  |  Innovation

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Digital Licenses To Shake Up Singapore Banking
Digital Licenses To Shake Up Singapore Banking
June 28, 2019  |  Banking

The central bank in Singapore has announced that it will issue five digital bank licenses to eligible applicants, according to a report by Reuters.  Get...

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Jaja Buys Bank Of Ireland UK Card Business
Jaja Buys Bank Of Ireland UK Card Business
June 28, 2019  |  Partnerships / Acquisitions

To acquire the Bank of Ireland’s U.K. credit card business, mobile-first company Jaja will pay an initial cash consideration of $671 million at current rates....

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Eastern Labs Brings Innovation To Four Generations’ Needs
Eastern Labs Brings Innovation To Four Generations’ Needs
June 28, 2019  |  Digital Banking

Millennials have particular banking needs — but, of course, so do the baby boomer, Gen X and Gen Z generations. That puts pressure on banks...

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Creative Group FinTech Lands $25M To Expand Into 30 Countries
Creative Group FinTech Lands $25M To Expand Into 30 Countries
June 27, 2019  |  Investments

Amsterdam-based startup Creative Group announced it has raised €22 million in funding from Prime Ventures. The funding will be used to help the company expand...

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