FinTechs

PYMNTS Intelligence: Why Credit Unions Are Merging to Sharpen Their Competitive Edge
PYMNTS Intelligence: Why Credit Unions Are Merging to Sharpen Their Competitive Edge
August 07, 2023  |  Banking

The financial industry has become more competitive than ever as shifting economic conditions and the pandemic’s lingering effects make digital banking the primary means by...

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Sezzle Awarded ‘Top FinTech’ Recognition by CNBC
Sezzle Awarded ‘Top FinTech’ Recognition by CNBC
August 02, 2023  |  BNPL

Payments platform Sezzle has been named one of CNBC’s top FinTechs. The award for the World’s Top Fintech Companies 2023, announced Wednesday (Aug. 2), places Sezzle among...

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PayU Selling Bulk of Business to Rapyd to Focus on India
PayU Selling Bulk of Business to Rapyd to Focus on India
August 01, 2023  |  Partnerships

Payments company PayU will sell most of its global business to Rapyd in a $610 million deal. The all-cash transaction, announced Tuesday (Aug. 1), will...

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Experian Enables Consumers to Share Payroll Information for Verification
Experian Enables Consumers to Share Payroll Information for Verification
July 19, 2023  |  Authentication

Experian has expanded its real-time income and employment verification offering. The enhancement enables consumers to provide permissioned access to their payroll accounts and share information...

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Sezzle CEO Sees Banks Ramping Up FinTech Acquisitions in 2024 and Beyond
Sezzle CEO Sees Banks Ramping Up FinTech Acquisitions in 2024 and Beyond
July 18, 2023  |  Partnerships

As 2023 winds into its final few months and 2024 dawns, banks may be on the prowl for acquisitions. And according to Charlie Youakim, CEO...

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Raisin Predicts Deposit Base Will Grow to $56 Billion
Raisin Predicts Deposit Base Will Grow to $56 Billion
July 17, 2023  |  Banking

German FinTech Raisin is reportedly banking on a shift among lenders to alternative funding sources. The savings and investment platform anticipates that deposits for which...

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Threat of Deepfakes Drives Two-Thirds of FinTechs to Boost Fraud Budgets
Threat of Deepfakes Drives Two-Thirds of FinTechs to Boost Fraud Budgets
July 12, 2023  |  Fraud Prevention

For every new fraud scheme that pops up, dozens of FinTechs are responding to quash it. Yet despite their expertise in cutting-edge technology, FinTechs are...

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South Korea OKs First Banking Expansion in 30 Years
South Korea OKs First Banking Expansion in 30 Years
July 05, 2023  |  Bank Regulation

South Korea has launched a major expansion of its banking sector, currently dominated by just five lenders. The country’s Financial Services Commission (FSC) announced Wednesday...

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Mastercard Says Value of Blockchain Tech in Payments Has Yet to Be Unlocked
Mastercard Says Value of Blockchain Tech in Payments Has Yet to Be Unlocked
July 03, 2023  |  Blockchain

Money movement is moving into the future at a rapid clip. But are central banks, enterprise organizations, consumers, and merchants ready for a new era...

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