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.

UK Complaints Body Gets Nod To Increase FinTech Fines

UK Complaints Body Gets Nod To Increase FinTech Fines
UK Complaints Body Gets Nod To Increase FinTech Fines
March 08, 2019  |  Regulation

Britain’s Financial Conduct Authority (FCA) has said the Financial Ombudsman Service, which handles complaints from financial companies and customers, will be able to raise fine...

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SoftBank Launches $2B Fund For LatAm Tech Investments
SoftBank Launches $2B Fund For LatAm Tech Investments
March 07, 2019  |  Latin America

SoftBank, the Japan-based technology company, is rolling out a $2 billion fund that will target Latin American technology companies. Get the Full Story Complete the...

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How FinTech Firms Evolve To Help Merchants With Payments
How FinTech Firms Evolve To Help Merchants With Payments
March 06, 2019  |  Retail

Product debuts from FinTech firms sometimes come out of an evolution: Modo has been facilitating interoperability for banks for a few years. As part of...

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FinTech Firms Ease Resistance To California SMB Borrower Protection Rules
FinTech Firms Ease Resistance To California SMB Borrower Protection Rules
March 05, 2019  |  B2B Payments

Heightening efforts among policymakers across the globe to expand customer protections in the financial services (FinServ) space have largely left small business (SMB) banking and...

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New Zealand Makes Open Banking Progress
New Zealand Makes Open Banking Progress
March 05, 2019  |  B2B Payments

Open Banking and APIs are making headway in New Zealand after a year-long pilot program. In the U.S. (and beyond), Signature Bank has signed on...

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Revolut’s CFO Departs Amid AML Saga
Revolut’s CFO Departs Amid AML Saga
March 01, 2019  |  Digital Banking

Amid controversy around an anti-money laundering system, Revolut CFO Peter O’Higgins resigned from the firm. O’Higgins didn’t mention the issue in his resignation statement, according to...

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Identitii Joins Australian Banking Group BIAN To Boost Digitization
Identitii Joins Australian Banking Group BIAN To Boost Digitization
February 28, 2019  |  B2B Payments

Australian digital identity management technology firm Identitii is joining a group of the nation’s largest banks to boost efficiency of digitizing data exchange for its...

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How FinTech Companies Inspire Africa With Mobile Technology
How FinTech Companies Inspire Africa With Mobile Technology
February 27, 2019  |  Mobile Payments

With the potential for rapid growth and job creation, FinTech firms in Africa have caught the attention of global investors. According to the London Stock...

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Industry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix
Industry 4.0 Pulls South Africa’s SMB Banking Sector Into The Technology Mix
February 27, 2019  |  B2B Payments

The South African economy has struggled in the last decade. Gross domestic product (GDP) growth has failed to surpass 4 percent, with unemployment hovering above...

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