Fintech
Fintech
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EU regulation permits digital connections between banks and fintechs, creating ways for pension providers and brokerages to streamline payment acceptance and cut costs by replacing manual processes with automated ones.
June 1 -
When people stopped using Wag's core business during the pandemic, the company added multiple technologies to allow it to sell pet food, offer digital training and provide other services. Those same upgrades will stay in place as former clients come back.
June 1 -
Ahead of its U.S. launch, the London-based payments card aggregator has raised $14 million from 12,000 individual investors that it hopes to convert to customers.
May 28 -
The financial technology firm Stash is exploring options for a market listing, such as merging with a special purpose acquisition company or a traditional initial public offering, according to people with knowledge of the matter.
May 28 -
Nearly a quarter of Black business owners seeking Paycheck Protection Program loans last year applied to fintechs — not far behind the percentage that turned to community banks, according to a New York Fed study. Deepening those new relationships could be a major source of growth for online lenders.
May 27 -
The Australian bank's stakes in technology firms Little Birdie and Amber add price shopping for point of sale credit and bill pay.
May 27 -
The card network's Fintech Partner Connect, which was previously available only in Europe, provides a curated list of companies that Visa clients, including banks, can consult for help opening accounts or aggregating customer data.
May 26 -
The former Fed vice chairman is the fourth new appointee to Klarna’s board since December. The Swedish buy now/pay later company has been enjoying rapid growth in the United States.
May 25 -
The fintech, which is reportedly building a checking and savings account into its app, is using its banking charter to speed the development of new services as it races its rivals to deliver an all-in-one app.
May 25 -
The banking technology provider Zeta raised $250 million from SoftBank Vision Fund II at a valuation of $1.45 billion, winning its first venture backing to help fuel its expansion.
May 24 -
Business leaders in Atlanta and San Francisco warn that the digital divide will widen if Black-owned companies can't accept online and mobile payments.
May 24 -
The investment in Finitive is one of a number of technology agreements that the commercial lender has struck recently in an effort to broaden its reach.
May 21 -
It is time for banks to figure out their role in the future financial ecosystem to avoid becoming a casualty of the creative destruction process.
May 20 -
Regulators must urgently usher the unbanked or underbanked individuals into the wider financial ecosystem as they continue to craft open banking rules, says FISPAN's Clayton Weir.
May 20 - AB - Technology
The New York neobank is creating a marketplace where partners and competitors can offer banking, insurance and other financial products, CEO Dee Choubey says. If the effort lives up to billing, it could come closer to a truly open platform than any other so far.
May 19 -
The next step for retailers is to bring consumers the benefits and experience of being in store, from the comfort of their home, says FIS' Dan Brames.
May 19 -
U.K. and EU regulations enable cards that provide digital-first features for funds kept in a different bank's account.
May 19 -
The maker of software that helps banks offer "buy now, pay later" loans at the point of sale says its latest funding round has pushed it into unicorn status.
May 18 -
Not only is the payment process an opportunity to deliver on a good customer experience, but it also offers the opportunity to enhance the overall experience, says Global Payments Integrated's Ashley Jones.
May 17 -
The purchase is one of several moves the payment company has made to improve its identity expertise.
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