PYMNTS-MonitorEdge-May-2024

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.

Revolut Business Payment Gateway Integrates With BigCommerce
Revolut Business Payment Gateway Integrates With BigCommerce
August 23, 2024  |  eCommerce

The Revolut Business Payment Gateway can now be integrated with BigCommerce, Revolut said in a Friday (Aug. 23) post on LinkedIn. The integration will make...

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Game Day Every Day: How AWS Prepares for the Unexpected
Game Day Every Day: How AWS Prepares for the Unexpected
August 23, 2024  |  Security & Fraud

Practice makes perfect, as the adage goes, even when you’re practicing failure. That’s a rough approximation of how Amazon Web Services practices operational resilience. Other...

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FinTech IPO Index Slips 1.4% As Overseas Companies Show Mixed Results
FinTech IPO Index Slips 1.4% As Overseas Companies Show Mixed Results
August 23, 2024  |  Fintech Investments

It was a relatively quiet week on Wall St. as FinTech news started to hit the slow part of the Q2 earnings season. A lot...

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Adyen and InvoiceASAP Team on Instant Deposits
Adyen and InvoiceASAP Team on Instant Deposits
August 21, 2024  |  Partnerships

Adyen and InvoiceASAP, an invoicing and payments firm, launched a small-business-focused instant payments partnership. The collaboration will provide users with instant access to deposited funds,...

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UK Banks Struggle With ‘Ambiguous’ Fraud Reimbursement Rules
UK Banks Struggle With ‘Ambiguous’ Fraud Reimbursement Rules
August 21, 2024  |  Security & Fraud

Banks, FinTechs and payments companies in the United Kingdom are reportedly struggling with the country’s new fraud rules. The entities have until Oct. 7 to...

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Treasury Prime Partner Marketplace Adds Kobalt Labs AI-Powered Compliance Solution
Treasury Prime Partner Marketplace Adds Kobalt Labs AI-Powered Compliance Solution
August 20, 2024  |  Artificial Intelligence

Kobalt Labs, which offers an artificial intelligence-powered copilot for risk and compliance teams, joined the Treasury Prime Partner Marketplace. Banks using Treasury Prime’s embedded banking...

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Adyen to Offer Fastlane by PayPal Checkout Experience
Adyen to Offer Fastlane by PayPal Checkout Experience
August 20, 2024  |  Partnerships

FinTech platform Adyen will offer the Fastlane by PayPal checkout experience to its enterprise and marketplace customers. The rollout of this offering will begin with...

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UK Treasury Wants Revolut to Go Public on London Exchange
UK Treasury Wants Revolut to Go Public on London Exchange
August 18, 2024  |  IPO

The British treasury wants London-based FinTech Revolut to go public in its home country. That’s according to a report Friday (Aug. 16) by the Financial...

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Report: Ant Group in Talks to Acquire Chinese Healthcare Platform Haodf.com
Report: Ant Group in Talks to Acquire Chinese Healthcare Platform Haodf.com
August 16, 2024  |  Acquisitions

Ant Group is reportedly in discussions to acquire Haodf.com, a Chinese platform that provides online consultations with doctors. The Jack Ma-backed FinTech is interested in...

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