Ride-hailing giant Uber plans to expand to a financial technology sector. Following this, the company boosts its hiring processes in New York. According to CNBC, the ride-hailing app plans to add several dozens of employees in its roster, slated to...
Synapse, a financial technology company that operates a platform that allows banks and other fintech companies to efficiently develop financial services has concluded a $33 million Series B funding. The purpose of capital raising is to create new products...
Businesses and organizations who adopt financial technology (fintech) has grown to an average of 64% worldwide this year, according to an Ernst & Young (EY) report. The survey found that 87% of respondents in China and India. The two largest...
According to new research conducted by Paysafe, about 68 per cent of UK consumers are worried that shifting to biometrics can increase identity fraud. In the report, Lost in Transaction: The End of Risk? a whopping 79 per cent of...
One of world’s biggest financial services company Mastercard is launching a next-generation support tool aimed to promote innovation in the Fintech sector. ‘Accelerate 2.0’ provides access to Mastercard’s insight, tools, technology and investment. According to Banking Tech, the company invested...
Last May 30, 2019, the Wharton School of the University of Pennsylvania announced that it will be offering a new online financial technology course. The new program offering is called the Fintech: Foundations and Applications of Financial Technologies. Highly Advanced...
Northwestern Mutual recently announced that it will be launching another venture fund dedicated to financial technology and insurance, reports TechCrunch. The financial security company will reserve a whopping $150 million which will go towards the second venture fun. Executive vice...
In the move to global expansion, fintech company Plaid is launching its services to the United Kingdom. The start-up valued $2.7 billion is connecting US bank accounts to fintech applications for easy payment and banking services. Applications like Venmo, Robinhood,...
Payment processing company Global Payments announced it is acquiring its rival Total System Services (TSYS) for $21.5 billion. This deal would be the third in the payment processing sector this year. The merged company, which will be named Global Payments,...
Australian Prime Minister Scott Morrison has appointed Sen. Jane Hume as a cabinet member responsible for overseeing financial services and financial technology. Sen. Hume will assume the office of Assistant Minister for Superannuation, Financial Services and Financial Technology. She will...

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