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.
Monese Teams With FinTech Raisin To Offer Savings Access
Monese Teams With FinTech Raisin To Offer Savings Access
September 03, 2019  |  Digital Banking

The European banking app Monese has formed a partnership with cross-border deposits marketplace Raisin, as reported on Tuesday (Sept. 3). Customers of Monese in the...

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Deep Dive: How Open Banking Can Help Credit Unions Succeed
Deep Dive: How Open Banking Can Help Credit Unions Succeed
August 29, 2019  |  Credit Unions

 The market share of credit unions is only a fraction of their larger bank counterparts, but they tend to inspire a greater sense of loyalty...

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Money Transfer Co. Azimo Names New CEO
Money Transfer Co. Azimo Names New CEO
August 28, 2019  |  Personnel

Digital money transfer company Azimo plans to promote COO Richard Ambrose to CEO, as Founder Michael Kent is moving from the CEO role into the...

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Credit Unions Play To Their Strengths To Compete With Large Banks
Credit Unions Play To Their Strengths To Compete With Large Banks
August 28, 2019  |  Credit Unions

While financial technology continues to grow more sophisticated, many of these innovations are used solely by the large banks and FIs that can afford it....

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 FinTech Collaborations and Frameworks Gain Steam in Asia
 FinTech Collaborations and Frameworks Gain Steam in Asia
August 28, 2019  |  B2B Payments

In China, the central bank has said it will present a three-year plan to develop the domestic FinTech sector. Elsewhere in Asia, Fujitsu is helping...

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Raisin FinTech Enters Pension Market With Fairr Acquisition
Raisin FinTech Enters Pension Market With Fairr Acquisition
August 27, 2019  |  Partnerships / Acquisitions

FinTech startup Raisin, a company that offers savings and investments in the pan-European market, has acquired German startup Fairr, according to a report. Fairr is...

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BharatPe Lands $50M, Connects SMB Merchants With Suppliers
BharatPe Lands $50M, Connects SMB Merchants With Suppliers
August 27, 2019  |  B2B Payments

Four months after announcing a $15.5 million fundraise, India-based FinTech BharatPe revealed new funding for its solution aimed at small businesses. TechCrunch reported Monday (Aug....

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Xiaomi To Roll Out Consumer Lending In India
Xiaomi To Roll Out Consumer Lending In India
August 23, 2019  |  Loans

With an ambitious play into a booming financial services space that presents challenges that include fierce competition, China’s Xiaomi is reportedly gearing up to roll...

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Phillips 66 Partners With WEX For Exclusive Multi-Year Private Label Extension 
Phillips 66 Partners With WEX For Exclusive Multi-Year Private Label Extension 
August 23, 2019  |  B2B Payments

FinTech service provider WEX signed on with Phillips 66 to handle exclusive private label and universal fleet card services, Verdict reported on Wednesday (Aug. 21)....

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