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.

Backflip Raises $15 Million to Grow Real Estate Investment Platform
Backflip Raises $15 Million to Grow Real Estate Investment Platform
April 29, 2024  |  Investments

Backflip raised $15 million in a Series A funding round to grow its platform for real estate investors. The company’s real estate and FinTech platform is designed to provide funding...

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Customer-First Focus Unlocks Financial Technology Innovation
Customer-First Focus Unlocks Financial Technology Innovation
April 29, 2024  |  Opinion

With the right technology, businesses can unlock critical insights hidden in their own customer data, Galileo CEO Derek White writes in the new PYMNTS eBook,...

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Upstart Unveils Custom Loan Tool for Banks and CUs
Upstart Unveils Custom Loan Tool for Banks and CUs
April 25, 2024  |  Loans

Lending marketplace Upstart has debuted a tool to help lenders offer customized loan offers. That tool, dubbed Recognized Customer Personalization (RCP), lets banks and credit unions (CUs) identify when...

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Visa Teams With AWS to Streamline Cross-Border Payments
Visa Teams With AWS to Streamline Cross-Border Payments
April 25, 2024  |  VISA

Visa says it has joined the Amazon Web Services (AWS) Partner Network (APN). “Visa’s presence in the APN will help enable its partners and clients, including cloud-native fintechs,...

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Thredd CEO: Compliance Will Define Future of Payments
Thredd CEO: Compliance Will Define Future of Payments
April 25, 2024  |  Payments Innovation

Whenever you see a successful business, someone once made a courageous decision. That quote, by management consultant Peter F. Drucker, holds more true today than...

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Fiserv Sees ‘Pent Up’ Demand for Clover’s POS Hardware and Software Solutions
Fiserv Sees ‘Pent Up’ Demand for Clover’s POS Hardware and Software Solutions
April 23, 2024  |  Earnings

Fiserv’s most recent earnings call Tuesday (April 23) demonstrated continued demand for its point-of-sale (POS) systems that enable merchants to accept payments. The company posted...

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Payflows Raises $26 Million for All-In-One Finance Platform
Payflows Raises $26 Million for All-In-One Finance Platform
April 22, 2024  |  Investments

French FinTech Payflows has raised $26 million for its all-in-one platform for finance teams. The company announced the funding on LinkedIn as it emerged from stealth Monday (April 22),...

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TabaPay to Acquire Assets of Bankrupt FinTech Synapse
TabaPay to Acquire Assets of Bankrupt FinTech Synapse
April 21, 2024  |  Acquisitions

Instant money movement platform TabaPay is acquiring Synapse’s assets following the latter company’s bankruptcy. The deal, announced Friday (April 19), will allow TabaPay to offer new financial services for FinTechs and...

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German Agency Criticizes EY’s Audits of Wirecard
German Agency Criticizes EY’s Audits of Wirecard
April 19, 2024  |  Security & Fraud

A German regulator has reportedly concluded that EY’s audit work and quality control regarding the now-defunct payments firm Wirecard was marked by “grave” and “repeated” violations...

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