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.
Nuvei and Visa Team to Offer Visa Direct in Colombia
Nuvei and Visa Team to Offer Visa Direct in Colombia
June 03, 2024  |  Partnerships

Nuvei says it is the first global payments provider offering Visa Direct in Colombia, via a new partnership with Visa. “Offering instant payouts through Visa Direct supports our strategy of...

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FDIC Notes More ‘Problem’ Banks; Sparks Debate Over Deposit Insurance
FDIC Notes More ‘Problem’ Banks; Sparks Debate Over Deposit Insurance
June 03, 2024  |  Banking

The Federal Deposit Insurance Corp.’s (FDIC) first-quarter assessment on the banking industry takes note of several trends: Declining loan demand, delinquencies that were higher than...

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i2c and Affiniti Partner on Trade Association Co-Branded Credit Programs
i2c and Affiniti Partner on Trade Association Co-Branded Credit Programs
June 03, 2024  |  Partnerships

i2c and Affiniti Finance said Monday (June 3) that they are providing trade associations with credit programs that include features and rewards specific to each...

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UK Neobank Monzo Marks First Profitable Year 
UK Neobank Monzo Marks First Profitable Year 
June 03, 2024  |  Digital Banking

British neobank Monzo is planning further expansion as it marks its first profitable year. The company’s annual report, released Monday (June 3), showed its profit...

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Savings App Yotta Says 85,000 Accounts Caught in Synapse Meltdown
Savings App Yotta Says 85,000 Accounts Caught in Synapse Meltdown
June 02, 2024  |  Banking

The impact of Synapse’s bankruptcy continues to spiral outward, extending now to FinTech startup Yotta. For the past three weeks, 85,000 of the company’s customers...

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Revolut to Expand in Asia-Pacific, Build on Success in Australia
Revolut to Expand in Asia-Pacific, Build on Success in Australia
May 31, 2024  |  Digital Banking

London-based FinTech company Revolut has reportedly set its sights on the Asia-Pacific (APAC) region for its global expansion strategy. Charlie Short, head of growth at...

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Fintech Extends Automated Invoice Processing Capabilities to All B2B Transactions
Fintech Extends Automated Invoice Processing Capabilities to All B2B Transactions
May 31, 2024  |  B2B Payments

Financial Information Technologies (Fintech) has expanded its platform’s automated invoice processing capabilities to include all B2B transactions. Previously designed to handle the retail and hospitality...

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This Week in B2B Innovation: Embedded Experiences, AI and Leverage
This Week in B2B Innovation: Embedded Experiences, AI and Leverage
May 30, 2024  |  B2B Payments

Digital is a one-way street. And that street is being populated by B2B firms who aren’t looking back after embracing digital innovation to both compete...

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Google Cloud and iBind Partner to Streamline Banks’ Onboarding Experience
Google Cloud and iBind Partner to Streamline Banks’ Onboarding Experience
May 30, 2024  |  Partnerships

iBind Systems, a FinTech startup based in Bangalore, India, announced a collaboration with Google Cloud to modernize the onboarding experience for banks and financial institutions....

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