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.

60% of US Consumers Use P2P Apps to Pay Bills
60% of US Consumers Use P2P Apps to Pay Bills
January 16, 2025  |  Consumer Payments

Peer-to-peer (P2P) payment platforms have gained popularity, especially among young consumers who value quick and seamless transactions. Get the Full Story Complete the form to...

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Get Ready for a New Buzzphrase: Autonomous Commerce
Get Ready for a New Buzzphrase: Autonomous Commerce
January 16, 2025  |  Opinion

AI-powered innovation is reshaping B2B payments, but not all AI is created equally, Coupa Chief Procurement Officer Michael Van Keulen writes in a new PYMNTS...

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Block to Pay $80 Million to Settle AML Violation Allegations
Block to Pay $80 Million to Settle AML Violation Allegations
January 15, 2025  |  Regulation

Block has agreed to pay an $80 million fine and undertake corrective actions to resolve a coordinated enforcement action by 48 state financial regulators that...

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Klearly Raises $6.2 Million for SoftPOS Solution for Hospitality Businesses
Klearly Raises $6.2 Million for SoftPOS Solution for Hospitality Businesses
January 15, 2025  |  Investments

Dutch FinTech Klearly raised 6 million euros (about $6.2 million) in a seed round to grow its software point-of-sale (SoftPOS) product for hospitality businesses, mobile...

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Nelly Raises $52 Million to Expand Healthcare Platform in Europe
Nelly Raises $52 Million to Expand Healthcare Platform in Europe
January 15, 2025  |  Investments

Berlin-based Nelly raised 50 million euros (about $52 million) to further develop its platform for medical practices, increase its market share in Germany and expand...

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Ingo’s Edwards Credits ‘Culture of Possibility’ for Embedded Banking Progress
Ingo’s Edwards Credits ‘Culture of Possibility’ for Embedded Banking Progress
January 15, 2025  |  Opinion

Technology can mitigate risk, enhance security and optimize customer interactions in banking and payments, Ingo Payments CEO Drew Edwards writes in a new PYMNTS eBook,...

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Report: Half of US Consumers Use Plaid’s Payments Tech
Report: Half of US Consumers Use Plaid’s Payments Tech
January 14, 2025  |  Payment Methods

Plaid’s revenue reportedly rose more than 25% in 2024 as more consumers encountered its tech. Get the Full Story Complete the form to unlock this article...

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FIS: Payments Sector Needs New Way of Thinking
FIS: Payments Sector Needs New Way of Thinking
January 14, 2025  |  Opinion

FIS FinTech platform Atelio arose from innovative thinking around embedded finance, FIS EVP and Chief Business Officer Roy Ng writes in a new PYMNTS eBook,...

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This Bank CEO Says Stablecoins Are the Newest Payment Rail
This Bank CEO Says Stablecoins Are the Newest Payment Rail
January 14, 2025  |  Blockchain

Meeting customer needs is an imperative for financial institutions aiming to stay competitive. But innovations often run into the elephant in the room: outdated and...

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