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.

PSD2 Is Coming To Europe And Bringing Big Changes
PSD2 Is Coming To Europe And Bringing Big Changes
July 26, 2017  |  Security & Fraud

Come next year, FIs will need to share consumer data with FinTechs and merchants courtesy of PSD2. In the latest PYMNTS Digital Identity Tracker™, powered...

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NEW REPORT: Shutting Down PSD2’s New Security Threat
NEW REPORT: Shutting Down PSD2’s New Security Threat
July 25, 2017  |  Security & Fraud

Protecting digital identities is all about keeping up — keeping up with new technology, new regulations and, of course, bad actors.  Get the Full Story...

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Varo Money Applies For Charter To Become A Mobile-Only Regulated Bank
Varo Money Applies For Charter To Become A Mobile-Only Regulated Bank
July 25, 2017  |  Bank Regulation

Varo Money, the digital banking fintech that has investment backing from Warburg Pincus, filed for a national banking charter and deposit insurance, putting the Trump...

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Permira Acquires 10 Percent Stake In Klarna
Permira Acquires 10 Percent Stake In Klarna
July 21, 2017  |  Payment Methods

Private equity group Permira has acquired a 10 percent take in Swedish FinTech company Klarna. Get the Full Story Complete the form to unlock this article and...

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Nesta Chooses 20 FinTechs For SME Banking Competition
Nesta Chooses 20 FinTechs For SME Banking Competition
July 20, 2017  |  B2B Payments

Innovation foundation Nesta has announced the 20 FinTechs chosen to compete for a $6.5 million prize as the company looks to boost innovation in the...

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TransferWise Co-Founders Switch CEO Role
TransferWise Co-Founders Switch CEO Role
July 19, 2017  |  Personnel

TransferWise, the U.K. FinTech startup, announced news on Tuesday (July 18) that the two co-founders have switch the CEO role. Get the Full Story Complete...

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Worthy Closes Seed Round Of Funding For Its Mobile App
Worthy Closes Seed Round Of Funding For Its Mobile App
July 18, 2017  |  Investments

Worthy Financial, a digital investment app, announced Monday (July 17) the successful closing of its venture capital (VC) seed financing round. Get the Full Story...

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Renaud Laplanche’s Second Act
Renaud Laplanche’s Second Act
July 18, 2017  |  Alternative Finances

F. Scott Fitzgerald is often quoted as the source behind the phrase, “there are no second acts in American life.” But as we all know...

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In Land Of Free Banking Apps, Red Ink And Investor Support Only Go So Far
In Land Of Free Banking Apps, Red Ink And Investor Support Only Go So Far
July 14, 2017  |  Banking

Upstarts are trying to eat traditional banks’ lunch, especially in Europe. But the field is a crowded one, awash in red ink. Will the capital pie...

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