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.

Small Businesses Tap FinTech Innovations to Close Big Digital Transformation Gap
Small Businesses Tap FinTech Innovations to Close Big Digital Transformation Gap
September 05, 2024  |  SMBs

While no two small and medium-sized businesses (SMBs) are alike, many face similar challenges. And those challenges tend to be related to the widening gap in...

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Visa’s New A2A Offering ‘Opens’ Choice and Security Via Direct Bank Transfers in the UK
Visa’s New A2A Offering ‘Opens’ Choice and Security Via Direct Bank Transfers in the UK
September 05, 2024  |  Payments Innovation

Direct debits have been popular through the decades — across a variety of use cases — especially when it comes to bill payments and subscriptions....

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Integration-to-Impact Window Gets Tighter for B2B Payments Innovation
Integration-to-Impact Window Gets Tighter for B2B Payments Innovation
September 05, 2024  |  B2B Payments

Innovations wouldn’t be deemed as such if they didn’t change things in a transformative way. And the world of B2B payments — characterized by complex...

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Flex Raises $3.2 Million for HSA and FSA Payment Acceptance
Flex Raises $3.2 Million for HSA and FSA Payment Acceptance
September 04, 2024  |  Investments

Health and wellness-focused FinTech Flex raised $3.2 million in seed funding. The new financing will help the company with its mission of offering direct-to-consumer health...

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Velera Innovation Alliance Aims to Drive Credit Union Growth
Velera Innovation Alliance Aims to Drive Credit Union Growth
September 04, 2024  |  Credit Unions

Credit union service organization Velera launched the Velera Innovation Alliance (VIA), an extension of Velera’s Fintech Engagement Program, which was first announced in April. The...

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PayPal-Backed Ume Raises $15 Million to Expand Payment Network
PayPal-Backed Ume Raises $15 Million to Expand Payment Network
September 04, 2024  |  Investments

Brazilian FinTech Ume has raised $15 million in a Series A funding round to expand its payment network and merchant services platform for small and...

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OCC’s Hsu: Agility and Teamwork Critical as Banks Confront New Risks
OCC’s Hsu: Agility and Teamwork Critical as Banks Confront New Risks
September 04, 2024  |  Security & Fraud

Banks are confronting new, digital risks, and guarding against them demands a more agile, teamwork-focused approach. Michael Hsu, acting Comptroller of the Currency, said in...

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Shopping App Tabby Acquires Saudi Digital Wallet Tweeq
Shopping App Tabby Acquires Saudi Digital Wallet Tweeq
September 03, 2024  |  financial apps

Shopping/financial services app Tabby is acquiring Saudi digital wallet Tweeq. The deal, announced Tuesday (Sept. 3), will let Tweeq continue to operate independently, while allowing...

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Jack Henry and Moov Launch Digital Payments Partnership
Jack Henry and Moov Launch Digital Payments Partnership
September 03, 2024  |  Partnerships

Jack Henry and Moov teamed to help small businesses accept digital payments. The FinTech and the digital payments processor announced a collaboration in a Tuesday...

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