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What Is Fintech? Understanding the Evolution and Impact on Modern Business

Payment Savvy

The following post will define fintech, discuss the types of companies involved, and comment on how this new industry fundamentally changes the face of banking, investment, and doing business. This has come to mean everything from banking and insurance to investments. .” But what is fintech? What Does Fintech Mean?

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This Week in Fintech: TFT Bi-Weekly News Roundup 08/08

The Fintech Times

Appointments Torpago , a commercial credit card and spend management provider for banks, hires Chris Boncimino , as head of business operations. He brings over two decades of experience in the financial services sector, having led business and technology teams at major banks and technology firms.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In 2006, investment banks were at the top of the finance world. After the collapse of Lehman and Bear Stearns and the global financial crisis that ensued, the business models of the world’s biggest investment banks needed to change. As a result, banks are facing dropping IPO profits. Some banks have collapsed.

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7 Fast-Growing Fintech Startups in Thailand

Fintech News

The report, released in September 2023, looks at the Thai fintech sector, highlighting the rise of digital payments and the explosive growth of real-time transactions, as well as presenting the opportunities that exist in digital remittances, open banking, business-to-business (B2B) payments and agricultural lending.

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Covid-19 Has Scrambled Fintech’s Winners & Losers. Here’s The Short- & Long-Term Outlook.

CB Insights

Banking & Lending. This shift is driving transaction volume to the payments companies behind online retailers and taking market share away from those serving physical retailers. This displacement is happening for both consumers and merchants, as merchants begin to turn to online B2B marketplaces for procurement and supplies.

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Canadian Fintech Market Map

CB Insights

Digital banking and financial infrastructure. Companies in this subcategory provide (1) white-labeled technology infrastructure to banking players, or (2) leverage technology to provide financial infrastructure and banking software (e.g. APIs) directly to end-users. Personal finance. Regulatory tech. Wealth management.

FinTech 93
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Investors Say FinTech Valuations Are High, But Not Overheated

PYMNTS

In an interview with Paul Purcell , partner at Continental Advisors , four panelists — investors and analysts all — weighed in on the current investment climate … and whether that climate is getting overheated. In the great digital shift, as Purcell mused, is every app becoming a bank (and vice versa)? follow the money.

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