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.

Why State Street Wants To Use AI On “Almost Everything”
Why State Street Wants To Use AI On “Almost Everything”
July 20, 2018  |  Digital Banking

FIs' investment in artificial intelligence (AI) and machine learning (ML) is expected to reach $57.6 billion by 2021. In the latest Digital Banking Tracker, PYMNTS...

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Amex, Santander Explore FinTech Using API
Amex, Santander Explore FinTech Using API
July 19, 2018  |  Banking

American Express has filed for a blockchain-based proof of payment technology, and Santander U.K. entered into an agreement with Infosys Finacle. Get the Full Story...

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CFPB Names Paul Watkins From AZ AG Office As Innovation Head
CFPB Names Paul Watkins From AZ AG Office As Innovation Head
July 19, 2018  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has announced that Paul Watkins, a lawyer, will lead the agency’s newly created Office of Innovation. Get the Full...

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FI/FinTech Partnerships: Eyeing Risk To Reap Rewards
FI/FinTech Partnerships: Eyeing Risk To Reap Rewards
July 19, 2018  |  Risk Management

It’s no secret that banks and FinTechs are collaborating at a rate faster than ever before. Where once traditional finance companies viewed tech-driven service firms...

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NEW REPORT: State Street Chief On Cost-Benefits Of AI
NEW REPORT: State Street Chief On Cost-Benefits Of AI
July 19, 2018  |  Digital Banking

Banks are increasingly turning to AI as they look to gain an edge over their competition. In fact, over 80 percent of banks with more...

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Bitcoin Daily: Mastercard Gets Crypto Patent, BitPay Receives ‘BitLicense’ In NY
Bitcoin Daily: Mastercard Gets Crypto Patent, BitPay Receives ‘BitLicense’ In NY
July 18, 2018  |  Bitcoin

SBI Holdings’ own crypto trading platform, VCTRADE, has gone live, according to Cryptovest. At launch, the platform will reportedly support trading of the Japanese yen with Ripple’s...

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NY Regulator Looks To Interest Rate Caps For FIs And FinTech Firms
NY Regulator Looks To Interest Rate Caps For FIs And FinTech Firms
July 17, 2018  |  B2B Payments

A speed bump may loom in NY, where the state regulatory is drawing a bead on traditional FI/FinTech linkups, with interest rates on lending (including...

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Revolut Flagged Money Laundering Evidence A Few Months Back
Revolut Flagged Money Laundering Evidence A Few Months Back
July 17, 2018  |  Security & Fraud

Revolut, the U.K. digital bank, identified evidence of money laundering on its digital payment system, which prompted it to alert authorities including the National Crime...

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A Global View Of Small Business Optimism
A Global View Of Small Business Optimism
July 16, 2018  |  B2B Payments

What’s it like to be a small business owner? It depends where one is based, according to the latest data. In Europe, small businesses are...

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