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.

Deutsche Bank Joins Competitors To Open NYC Innovation Hub
Deutsche Bank Joins Competitors To Open NYC Innovation Hub
March 22, 2017  |  Fintech Investments

Deutsche Bank, the Wall Street investment firm, announced Tuesday (March 21) the launch of an innovation lab in New York City. According to a report...

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For SMEs, FinTech Is Valuable And Perhaps Mysterious
For SMEs, FinTech Is Valuable And Perhaps Mysterious
March 22, 2017  |  B2B Payments

In a survey spanning 500 SMEs, World First found that FinTech has challenges and opportunity ahead, when it comes to gaining visibility (and payments) from...

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CreditEase Invests In Three US-Based FinTechs
CreditEase Invests In Three US-Based FinTechs
March 20, 2017  |  Fintech Investments

CreditEase, the Chinese FinTech investment fund, announced Friday (March 17) it had made investments in FinTech companies in the US. According to a report, CreditEase said...

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Accept Innovation Launches FinTech Entrepreneur Scholarship For Vets, Immigrants
Accept Innovation Launches FinTech Entrepreneur Scholarship For Vets, Immigrants
March 16, 2017  |  The Innovation Project

Accept Innovation announced on Wednesday (March 15) the launch of a scholarship fund aimed at supporting immigrant and military veteran entrepreneurs who are creating businesses...

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Revolut Hooks Up With Lending Works To Provide Lines Of Credit
Revolut Hooks Up With Lending Works To Provide Lines Of Credit
March 15, 2017  |  Payment Methods

Revolut, the FinTech startup, launched a new credit product for its U.K. users in which they can apply and get approval for a credit line...

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JPMorgan Chase Buys MCX’s Payments Technology To Expand Chase Pay
JPMorgan Chase Buys MCX’s Payments Technology To Expand Chase Pay
March 14, 2017  |  Payment Methods

JPMorgan announced Monday (March 13) it has inked a deal to acquire MCX’s payments technology in an effort to expand Chase Pay, its mobile and...

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Switch Raises More Funding For Credit Card Update Platform
Switch Raises More Funding For Credit Card Update Platform
March 13, 2017  |  Payment Methods

Switch, the startup that has an online platform to help consumers manage their credit cards, has reportedly raised $400,000 in funding. According to a report,...

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Citi Taps Nearly 30-Year Veteran To Lead Citi FinTech
Citi Taps Nearly 30-Year Veteran To Lead Citi FinTech
March 10, 2017  |  Payment Methods

Citigroup announced Thursday (March 9) it has named Yolande Piazza as the head of Citi FinTech, which Stephen Bird, chief executive of Citi’s Global Consumer...

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NEW REPORT: Banking’s Open Future
NEW REPORT: Banking’s Open Future
March 09, 2017  |  API

B2B banking and payments may have reputations for being innovation-averse, but that’s changing. The hot-off-the-presses inaugural edition of the PYMNTS.com B2B API Tracker™ explores the...

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