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Month: February 2019

$ 20 million was raised to connect banks with fintechs and other financial service providers

Bud helps banks connect their applications and data to other fintech companies and financial services providers has closed more than $ 20 million in additional funds. The round of the Series A considers that the company will recover the support of a series of banks: HSBC (which, through First Direct,…

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Towards the integration of financial entities and fintech companies

The Ministry of Finance, through the Financial Regulation Unit (URF), once again took a step forward to deepen the integration of the traditional financial sector and the fintech industry (financial technology companies), allowing credit institutions, financial services companies, and capitalization companies, the acquisition of shares or quotas in Fintech companies.…

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A new era: Regulations on Fintech

The importance of ‘fintech’ regulation, a consequence of digital transformation, does not understand borders: in Europe, both the European Commission and the European Banking Authority (EBA) published their action plans in mid-2018, setting a roadmap until mid-2019. For its part, the US Treasury It produced a report of more than…

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Amazon’s main business is not in electronic commerce, but in its cloud services

Although Amazon is known worldwide for its ecommerce platform, its main business is in its cloud services. Amazon Web Services had a turnover of 7.430 million dollars in the last three months of last year and 25.650 million in the global course. Amazon Web Services CEO, Andy Jassy, anticipated that his…

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