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.

Credit China FinTech Invests $30M In Bitfury Group, Forms JV
Credit China FinTech Invests $30M In Bitfury Group, Forms JV
January 27, 2017  |  Investments

Credit China FinTech, the Chinese investment company, announced Thursday (Jan. 26) it made a $30 million investment in Bitfury Group, the bitcoin and blockchain infrastructure...

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Skype Founder Backs FinTech Chatbot Cleo
Skype Founder Backs FinTech Chatbot Cleo
January 26, 2017  |  Investments

Cleo, the London-based FinTech startup, got a recent boost in its angel investing round from Skype Founder Niklas Zennström. Cleo has created an artificial intelligence-powered chatbot...

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Tech Center: Dubai Takes A Front Row Seat To FinTech Growth
Tech Center: Dubai Takes A Front Row Seat To FinTech Growth
January 26, 2017  |  International

Dubai’s startup and tech scene has come a long way in the past three decades — the city is now a major business center in...

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Why B2B Payments Can’t Shake Its Anti-Innovation Notoriety
Why B2B Payments Can’t Shake Its Anti-Innovation Notoriety
January 26, 2017  |  B2B Payments

B2B payments have a reputation for being slow to innovate, though the last couple years has challenged that notoriety. Faster payments initiatives, blockchain and other...

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FinTech Startup BillGO Scores Bank Investor
FinTech Startup BillGO Scores Bank Investor
January 25, 2017  |  Investments

Investment activity picked up the pace into the third week of the month, expanding off of already accelerating levels. The $634 million logged in the...

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FinTechs Create Group To Access Banking Data
FinTechs Create Group To Access Banking Data
January 20, 2017  |  Payment Methods

A handful of U.S. FinTech startups are creating an industry group to to be given the right for consumers to share their bank data with...

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Bated Breath For Brexit
Bated Breath For Brexit
January 17, 2017  |  International

The verdict is in. And the world shook. Not really. As widely anticipated, U.K. Prime Minister Theresa May offered up the grand plan for Brexit...

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Seeking A Better Way To Test The Newest Payments Tech
Seeking A Better Way To Test The Newest Payments Tech
January 17, 2017  |  B2B Payments

Alongside the expansion of payments technologies, payment testing service providers have had to grow and flex to meet market needs. Companies like Paragon Application Systems,...

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