Live Breaking News & Updates on Fintech

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How US Banks Can Get Ready For Open Banking

The Consumer Financial Protection Bureau’s open banking rule is set to be finalized this fall. How can banks and credit unions comply?

Barbara-negron , Visa , Capital-one , Consumer-financial-protection-bureau , Fiserv , Forbes-insights , Thought-machine , Fis , Banks , Credit-unions , Open-banking , Fintech

QI Tech becomes new LatAm fintech unicorn in Series B extension

QI Tech (the “Company”), a leading financial services infrastructure provider in Brazil, today announced it has extended its Series B round, raising additional equity with current investor General Atlantic, a leading global growth investor, as well as Across Capital.

Brazil , Brazilian , Luiz-ribeiro , Pedro-mac-dowell , Brazilian-central-bank , Credit-company , Qi-tech-the-company , General-atlantic , Mac-dowell , Direct-credit-company , Managing-director , Finextra

How a recent RBI proposal on KYC has got payment aggregators on the backfoot

The regulator has proposed stricter KYC guidelines that payment aggregators or fintechs that facilitate digital payments need to follow before onboarding merchants

India , Vishwas-patel , Facebook , Payments-council-of-india , Instagram , Cashfree-payments , Reserve-bank , Infibeam-avenues-ltd , Payments-council , Digital-payments , Rbi , Payment-aggregators

Woori Financial opens up DINNOlab Vietnam Center to promote fintech biz

Woori Financial Group launched DINNOlab Vietnam Center in Hanoi earlier this week, the Korean financial giant said Wednesday.

Hanoi , Han-i , Vietnam , Republic-of , Financial-services-commission , Seoul-courtesy-of-woori-financial-group , Korean-embassy , Woori-financial-group , Dinnolab-vietnam-center , Digital-innovation-lab , Financial-group

The Inside Story Of How Bilt Rewards Founder Ankur Jain Became A Billionaire

With support from American Express’ longtime CEO Ken Chenault, the founder of fintech Bilt Rewards has become a billionaire creating a membership rewards program for apartment and home renters across the country.

San-francisco , California , United-states , New-york , Avalonbay , Brooklyn , Alaska , Americans , American , Los-angeles , Ken-chenault , Ankur-jain

Interac acquires "key employees," exclusive Canadian rights to payments personalizer Vouchr

Vouchr allows users to attach personalized multimedia notifications to money transfers.

Canada , Toronto , Ontario , Ottawa , United-states , Canadian , Canadians , Robert-balahura-linkedin , Jeremy-wilmot , Anurag-kar , Interac , Toronto-based-vouchr

Walmart-Owned One Gears to Become A Financial Superapp, Pushes Buy Now, Pay Later Scheme

One's entry into the lending sector is the most evident indication of one's aspiration to transform into a financial super app that offers a wide range of financial services, including saving, spending, and borrowing money. Read more.

Arkansas , United-states , Bentonville , America , Omer-ismail , Goldman-sachs , Walmart , Reuters , Fintech-one-app , Clay-banks , Walmart-expanding-ad-business , Manhattan-wework

Episode Six and DCS Card Centre launch Cards-as-a-Service platform for fintechs

Payment processing provider Episode Six and DCS Card Centre (DCS), Singapore-licensed financial institution, has announced a partnership that will enable fintech companies to issue their own branded credit cards through their own customer interface.

Singapore , John-mitchell , Ceridwen-choo , Card-centre , Episode-six , Asia-pacific , Finextra , News , Online , Bank , Banking , Technology

14Peaks closes $30 million fintech and future of work venture fund

Venture capital firm 14Peaks Capital has successfully closed its first fund at $30 million in capital commitments from an impressive consortium of limited partners (LPs), consisting of influential High Net Worth Individuals (HNIWs) and family offices spanning Europe and the United States.

Switzerland , London , City-of , United-kingdom , United-states , Netherlands , Han-sahin , Edoardo-ermotti , Alex-bradford , Partners-lps , High-net-worth-individuals , General-partner

BharatPe One: BharatPe launches all-in-one payment device BharatPe One

Indian fintech firm BharatPe has launched BharatPe One, an all-in-one payment product that integrates a point of sale (POS), QR code, and speaker into one device. The product will be launched in 100 cities in the first phase and 450 cities over the next six months. BharatPe One offers versatile payment options, including QR code, tap-and-pay, and traditional card payment.

Bharatpe-one , Payment-device , Pos , Qr-code , Merchant , Fintech , Small-and-medium-businesses , Android-operating-system , Nalin-negi , Bharatpe ,