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.

Western Union Launches Updated WU GlobalPay For Students Platform

Western Union Launches Updated WU GlobalPay For Students Platform
Western Union Launches Updated WU GlobalPay For Students Platform
June 28, 2017  |  Payment Methods

Global payments services company Western Union recently announced the launch of its enhanced WU GlobalPay for Students product. The offering will enable academic institutions to better reconcile,...

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Mastercard Announces Start Path 2017 Summer Class
Mastercard Announces Start Path 2017 Summer Class
June 26, 2017  |  Startups

Class is in session! For the summer. Today, (June 26), Mastercard announced news that it admitted six new startups into the Start Path program’s class of 2017. So...

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TrueLayer Raises $3M For Platform, Giving FinTech Companies Access To Banks APIs
TrueLayer Raises $3M For Platform, Giving FinTech Companies Access To Banks APIs
June 22, 2017  |  API

In venture capital news, London startup TrueLayer has raised $3 million in Series A funding so that it can enable FinTech companies to access bank...

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UK’s PayBreak Completes £24.5 Million Funding Round
UK’s PayBreak Completes £24.5 Million Funding Round
June 21, 2017  |  Investments

PayBreak, the U.K. FinTech focused on consumer finance, announced Tuesday (June 20) that it has completed a round of fundraising that resulted in it raising...

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A COIN By Any Other Name
A COIN By Any Other Name
June 21, 2017  |  Payments Innovation

Payments are often described like the Tower of Babel, with disparate platforms trying to talk to each other without speaking the same language. It’s this...

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Monese Adds Direct Debit Capability To Its Mobile App
Monese Adds Direct Debit Capability To Its Mobile App
June 19, 2017  |  Mobile Commerce

Monese, a fintech startup based in London that has a mobile banking app, added a new feature to its offering that is aimed on taking on...

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Chinese Investments Activity In FinTech, Payments Firms Increases Into May’s End
Chinese Investments Activity In FinTech, Payments Firms Increases Into May’s End
June 16, 2017  |  Fintech Investments

In activity seen through the very beginning of June, the latest period for which PYMNTS has data, the week that ended on June 9 saw...

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Meet Finastra, Financial Services FinTech Giant Formed By Misys, D+H Merger
Meet Finastra, Financial Services FinTech Giant Formed By Misys, D+H Merger
June 16, 2017  |  B2B Payments

Months after financial services software company Misys canceled its IPO and after Vista Equity Partners, which already owns Misys, agreed to acquire D+H, Vista Equity Partners...

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Hong Kong Securities and Future Commission and ASIC Sign Agreement To Collaborate On Fintech
Hong Kong Securities and Future Commission and ASIC Sign Agreement To Collaborate On Fintech
June 14, 2017  |  News

The Hong Kong Securities and Futures Commission and ASIC announced Tuesday (June 13) they signed a cooperation agreement that provides a framework to support and...

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