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.

VyStar’s ‘Dysfunctional’ System Switch Reveals Risks, Lessons in FinTech Partnerships
VyStar’s ‘Dysfunctional’ System Switch Reveals Risks, Lessons in FinTech Partnerships
November 05, 2024  |  Banking

Successful collaborations between traditional financial institutions (FIs) and FinTechs rest on one shared goal: offering end-users the best of both worlds. FinTechs bring speed and...

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Giving Credit Unions Credit: Bright Future for ‘Little Guys’ of Banking
Giving Credit Unions Credit: Bright Future for ‘Little Guys’ of Banking
November 05, 2024  |  Credit Unions

Bigger doesn’t always mean better across financial services — especially when it comes to innovation. And as financial technology reshapes the payments industry, even smaller,...

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Rule 1033 Explained: How the CFPB’s Data Sharing Standards Could Reshape Banking
Rule 1033 Explained: How the CFPB’s Data Sharing Standards Could Reshape Banking
November 05, 2024  |  Regulation

The Consumer Financial Protection Bureau’s finalized rule on data sharing has its share of supporters and detractors. Those in favor of the new mandates —...

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FIS Sees ‘Expanding Pipeline’ for Core Banking Solutions
FIS Sees ‘Expanding Pipeline’ for Core Banking Solutions
November 04, 2024  |  Earnings

Fidelity National Information Services (FIS) reported results that showed momentum across what management has termed “the money lifecycle,” where funds might be “at rest, “in...

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Affirm Begins Rollout of Pay-Over-Time Options in UK
Affirm Begins Rollout of Pay-Over-Time Options in UK
November 03, 2024  |  Buy Now Pay Later

Affirm launched its pay-over-time options in the United Kingdom. The company will initially offer its interest-free and interest-bearing monthly payment options, with any interest applied...

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Mexican Banking FinTech Klar Aims for 2026 IPO
Mexican Banking FinTech Klar Aims for 2026 IPO
November 03, 2024  |  IPO

Mexican FinTech Klar is reportedly aiming to go public at the end of 2026. Juan Sarmiento, the company’s vice president of finance, told Bloomberg News...

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Lawmakers Lobby for One-Size-Fits-All Regulations for Banks and FinTechs
Lawmakers Lobby for One-Size-Fits-All Regulations for Banks and FinTechs
November 01, 2024  |  Regulation

Among the central debates of regulation, what we might term even the jurisdiction of the regulators — no matter the industry — might boil down...

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Thredd Rolls Out Compliance and Risk Management Tools
Thredd Rolls Out Compliance and Risk Management Tools
October 31, 2024  |  Security & Fraud

Payments processor Thredd introduced a suite of compliance and risk management services. The new offerings are designed to help FinTechs, program managers and their bank...

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Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking
Panel: Turning Payments Into Deposits Fuels the Next Era of Embedded Banking
October 31, 2024  |  Payments Innovation

Call it one more unpredictable turn in an unpredictable year. As the convergence of financial technology gets closer to consumers and businesses, the focus on...

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