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.

For Credit Unions: Trust, But Innovate
For Credit Unions: Trust, But Innovate
April 01, 2019  |  Credit Unions

In some ways, the average credit union customer is very much like the average customer of any financial institution. They want to know their money...

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TransferWise Seeks To Raise Up To $300M
TransferWise Seeks To Raise Up To $300M
March 31, 2019  |  Fintech Investments

Cross-border money transfer startup TransferWise is looking to raise funds and will sell a stake in itself to do so, according to a report by...

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Grab Talks To Ant, PayPal About Spinning Out FinTech Unit
Grab Talks To Ant, PayPal About Spinning Out FinTech Unit
March 29, 2019  |  Fintech Investments

Grab, the ride-hailing startup, is in discussions with Ant Financial, the payment affiliate of Alibaba and PayPal, about spinning out Grab Financial Group. Get the...

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The Search For Relief From Banks’ ‘Suffocating’ Legacy Infrastructure
The Search For Relief From Banks’ ‘Suffocating’ Legacy Infrastructure
March 28, 2019  |  B2B Payments

FinTech competition quickly ended banks’ practice of turning a blind eye to a lack of digital offerings. With more options than ever, customers demand better...

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Line To Expand Into Payments, FinTech To Avoid Complacency
Line To Expand Into Payments, FinTech To Avoid Complacency
March 28, 2019  |  Fintech Investments

Line, the Asian messaging company majority owned by Naver, the South Korean Internet search company, is expanding its business into payments and other FinTech services....

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FinTech Startup Qupital Raises $15M For Chinese Expansion
FinTech Startup Qupital Raises $15M For Chinese Expansion
March 28, 2019  |  Investments

FinTech startup Qupital announced that it has closed a $15 million Series A, led by CreditEase FinTech Investment Fund (CEFIF). Get the Full Story Complete...

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Can AI Turn Banks Into FinTech Firms?
Can AI Turn Banks Into FinTech Firms?
March 28, 2019  |  Artificial Intelligence

There are no incumbent banks that are not paying attention to what the challenger banks are doing. What might have been written off even five years ago as a...

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Why Credit Unions Crush Loyalty
Why Credit Unions Crush Loyalty
March 28, 2019  |  Credit Unions

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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First Three Digital Banking Licenses Awarded In Hong Kong
First Three Digital Banking Licenses Awarded In Hong Kong
March 27, 2019  |  Digital Banking

Hong Kong has issued its first digital banking licenses, in a move toward strengthening the city’s financial sector, according to reports. Get the Full Story...

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