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.

Ant Financial Posts Rare Quarterly Loss
Ant Financial Posts Rare Quarterly Loss
November 05, 2018  |  Earnings

Ant Financial, the Chinese FinTech giant and an affiliate of Alibaba Group, posted an earnings pre-tax loss of 2.4 billion yuan ($353 million USD) for the...

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Newly Public Tech Companies Rush To Sell More Shares
Newly Public Tech Companies Rush To Sell More Shares
November 05, 2018  |  Investments

Tech companies that have recently gone public are wading back into the market to sell more shares at a rate that the Wall Street Journal...

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VCs Act On Cannabis’ FinTech Opportunities
VCs Act On Cannabis’ FinTech Opportunities
November 02, 2018  |  B2B Payments

As legal cannabis spreads, the industry is a big opportunity for FinTech, as industry players struggle to manage intense compliance requirements and limited access to...

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ADP Enhances QuickBooks Payroll Integration
ADP Enhances QuickBooks Payroll Integration
November 02, 2018  |  B2B Payments

Payroll technology firm ADP is strengthening its integration into Intuit‘s QuickBooks platform, the company said Thursday (Nov. 1). An expansion of its existing integration will...

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How Open Banking Will Test Banks’ Data Security Strategies
How Open Banking Will Test Banks’ Data Security Strategies
November 02, 2018  |  B2B Payments

Whether driven by regulation or market competition, the financial services sector in several jurisdictions is progressing toward open banking, interconnectivity and a freer flow of...

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WeLab Eyes Services In China Beyond Lending
WeLab Eyes Services In China Beyond Lending
November 01, 2018  |  International

In any new technology arena, companies are born, they rise, they fall, sometimes with breathtaking speed. Regulations take shape, usually quite a bit more slowly. Get...

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Why The Bank-FinTech Relationship Is More Complicated Than Conflicted
Why The Bank-FinTech Relationship Is More Complicated Than Conflicted
November 01, 2018  |  Innovation

Pick your metaphor: David vs. Goliath. Knocking the giant off the pedestal. Or, as a recent CNBC article put it, quoting a source, “a mass...

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Startups See Tech Fix For Card Declines
Startups See Tech Fix For Card Declines
November 01, 2018  |  Startup Check-In

To better serve clients and help make their businesses run smoother and more efficiently, FinTech startups are tackling an array of challenges, from data security...

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Cannabis Logistics Finds Opportunity In Uncharted Territory: WAYV
Cannabis Logistics Finds Opportunity In Uncharted Territory: WAYV
November 01, 2018  |  B2B Payments

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. In the rare instance that...

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