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.

States Press Regulators To Simplify FinTech Licensing
States Press Regulators To Simplify FinTech Licensing
February 06, 2018  |  Bank Regulation

Reuters reported news on Tuesday that banking regulators from seven states across the United States are working to, as the newswire reported, “streamline” the FinTech reporting...

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Today In Data: Visa, Mastercard And Apple All Release Earnings Results
Today In Data: Visa, Mastercard And Apple All Release Earnings Results
February 02, 2018  |  Today In Data

Today in PYMNTS data, Visa earnings topped expectations, Mastercard saw positive outcomes and Apple underwhelmed market watchers in their recently released earnings reports. In addition,...

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B2B FinTech Turns Away From VCs For Funds
B2B FinTech Turns Away From VCs For Funds
February 02, 2018  |  B2B Payments

This week was not, by any means, the biggest week in B2B FinTech venture capital. A modest $33.7 million landed among corporate accounting, supply chain...

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Moven To Buy US Bank, Create Joint Venture In Japan With SBI
Moven To Buy US Bank, Create Joint Venture In Japan With SBI
February 01, 2018  |  Partnerships / Acquisitions

Mobile-first bank Moven has signed a memorandum of understanding (MoU) with financial services provider SBI Group, the Japanese owner of SoftBank. Get the Full Story...

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NEW DATA: The Four Things That Define A Top FI Payments Performer
NEW DATA: The Four Things That Define A Top FI Payments Performer
January 24, 2018  |  Innovation

The financial services industry is no stranger to innovation, but it increasingly appears that change in the space is being driven by outsiders instead of the financial...

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How RBC Uses AI To Help Clients Manage Money
How RBC Uses AI To Help Clients Manage Money
January 23, 2018  |  Digital Banking

Historically, bank-driven personal financial management (PFM) solutions have been met with a lackluster reception. Rami Thabet, Royal Bank of Canada’s VP of Mobile, tells PYMNTS how AI is changing that, helping...

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NEW REPORT: How AI Helps Banks Close The PFM Gap
NEW REPORT: How AI Helps Banks Close The PFM Gap
January 22, 2018  |  Digital Banking

The mobile devices in consumers’ pockets are getting smarter, and consumers are increasingly using those intelligent capabilities to manage their money. Now, banks are turning to...

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Varo Money Raises $45M On Quest To Become A Bank
Varo Money Raises $45M On Quest To Become A Bank
January 19, 2018  |  Banking

Mobile banking FinTech Varo Money has raised $45 million in Series B funding as it strives to become a mobile-only regulated bank. Get the Full...

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Banks Say FinTech Innovation, Not Regulation, Is Now Their Fiercest Market Pressure
Banks Say FinTech Innovation, Not Regulation, Is Now Their Fiercest Market Pressure
January 18, 2018  |  B2B Payments

The regulatory pressures on banks is not only fierce, it’s also continually changing, forcing financial institutions (FIs) to invest vast resources to stay on top...

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