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.

Bank-FinTech Collaboration Key to Accelerating Open Banking Adoption

Bank-FinTech Collaboration Key to Accelerating Open Banking Adoption
Bank-FinTech Collaboration Key to Accelerating Open Banking Adoption
September 27, 2024  |  Partnerships

Demand for seamless, real-time financial information is driving a shift in banking. Get the Full Story Complete the form to unlock this article and enjoy...

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72% of Finance Leaders Use AI in Their Operations
72% of Finance Leaders Use AI in Their Operations
September 27, 2024  |  artificial intelligence

As artificial intelligence (AI) becomes more integrated into banking, the financial sector stands on the brink of a major shift. The adoption of AI tools...

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Chime: No Comment on Report That Morgan Stanley Will Lead IPO
Chime: No Comment on Report That Morgan Stanley Will Lead IPO
September 26, 2024  |  IPO

Chime Financial reportedly selected Morgan Stanley to lead its initial public offering (IPO). Get the Full Story Complete the form to unlock this article and...

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Yellen: 2023 Bank Runs Highlight Need for ‘Thoughtful Regulation’
Yellen: 2023 Bank Runs Highlight Need for ‘Thoughtful Regulation’
September 26, 2024  |  Regulation

Treasury Secretary Janet Yellen said Thursday (Sept. 26) that it takes continuous work to build and maintain a resilient financial system. Get the Full Story...

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Galileo Targets Underbanked Consumers With Secured Credit Options
Galileo Targets Underbanked Consumers With Secured Credit Options
September 25, 2024  |  Credit Cards

Galileo Financial Technologies introduced a credit offering aimed at underbanked/underserved consumers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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CFPB’s Chopra: Consumers Need More Disclosure on Nonbank Risks
CFPB’s Chopra: Consumers Need More Disclosure on Nonbank Risks
September 25, 2024  |  Regulation

The Federal Deposit Insurance Corp.’s (FDIC) recent proposal on recordkeeping for bank deposits received from third-party, nonbank companies is a step in the right direction....

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36% of Gen Z Pick FinTechs Over Banks for Online Payments
36% of Gen Z Pick FinTechs Over Banks for Online Payments
September 25, 2024  |  Banking

As digital solutions become more widely adopted, traditional financial institutions (FIs) face an escalating challenge from agile FinTech competitors. Younger consumers gravitate toward personalized financial...

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PayMate Expands Into Indonesia With $400 Million DigiAsia Deal
PayMate Expands Into Indonesia With $400 Million DigiAsia Deal
September 24, 2024  |  Acquisitions

B2B payments firm PayMate says it plans to acquire Indonesian FinTech-as-a-Service (FaaS) company DigiAsia. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Nuvei Adds Split Payments to Its Platforms Offering
Nuvei Adds Split Payments to Its Platforms Offering
September 24, 2024  |  Payment Methods

Nuvei has unveiled several new features and enhancements for its Nuvei for Platforms product. Get the Full Story Complete the form to unlock this article and...

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