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.

How ERP Tech Can Empower — Not Combat — The Notorious Spreadsheet
How ERP Tech Can Empower — Not Combat — The Notorious Spreadsheet
November 12, 2018  |  B2B Payments

Chief financial officers (CFOs) often have a love-hate relationship with their enterprise resource planning (ERP) systems. They’re a staple of corporate finance and, as of...

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Online Lender SoFi Sees $12M Loss In Q3
Online Lender SoFi Sees $12M Loss In Q3
November 12, 2018  |  Earnings

Online lender Social Finance (SoFi) continues to struggle, recording an adjusted loss of around $12 million during the third quarter before interest, taxes, depreciation and amortization. The...

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Big Tech’s FinServ Moves Prompt EU Regulatory Probe
Big Tech’s FinServ Moves Prompt EU Regulatory Probe
November 11, 2018  |  Regulation

Moves on the part of Amazon and Google to enter the financial services market is prompting European financial regulators to mull whether or not the...

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Amex Obtains License For Chinese Card Service
Amex Obtains License For Chinese Card Service
November 09, 2018  |  International

Before a summit between China’s President Xi Jinping and U.S. President Donald Trump, American Express has received the go-ahead to open up card-clearing services in...

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Singapore Alt-Lender Merges With eProcurement Platform
Singapore Alt-Lender Merges With eProcurement Platform
November 09, 2018  |  B2B Payments

Two Singapore-based FinTechs are combining their services to create a unified supply chain financing tool. Get the Full Story Complete the form to unlock this...

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UK Retail Banks Draft FinTech Alliance Guidelines
UK Retail Banks Draft FinTech Alliance Guidelines
November 08, 2018  |  Banking

Top U.K. banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial...

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Louis Vuitton Does Cross-Border Payments, Connects To SWIFT Via FIS
Louis Vuitton Does Cross-Border Payments, Connects To SWIFT Via FIS
November 07, 2018  |  Payment Methods

FIS, a global leader in financial services technology, announced that it has connected LVMH Group to the SWIFT Global Payments Innovation (gpi). Get the Full...

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Ant Financial Posts Rare Quarterly Loss
Ant Financial Posts Rare Quarterly Loss
November 05, 2018  |  Earnings

Ant Financial, the Chinese FinTech giant and an affiliate of Alibaba Group, posted an earnings pre-tax loss of 2.4 billion yuan ($353 million USD) for the...

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Newly Public Tech Companies Rush To Sell More Shares
Newly Public Tech Companies Rush To Sell More Shares
November 05, 2018  |  Investments

Tech companies that have recently gone public are wading back into the market to sell more shares at a rate that the Wall Street Journal...

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