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Month: March 2019

Banks are competing with bigtechs more than fintechs

To date, the relationship between traditional financial institutions and fintech companies seems to be more complementary and cooperative than competitive. However, the big technology, bigtechs such as Google, Amazon, Facebook and Apple, which have already begun to venture into financial services in certain jurisdictions, could represent a greater competitive impact.…

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Who said it?: “Blockchain and cryptocurrencies are two key phenomena that transform today’s markets”

The president of the Commission of Trade of Futures of Merchandize (CFTC) of the United States, J. Christopher Giancarlo, said that the center of innovation fintech of the agency, LabCFTC, is the internal actor of the regulator in a panorama of exponential technological changes and an evolution of the market.…

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Vienna IoT startup ToolSense cooperates with abrasives manufacturer Tyrolit

The Vienna-based startup ToolSense has formed a partnership with the world’s leading grinding and diamond tool manufacturer Tyrolit and delivers the world’s first IoT solution for a wall saw. The Viennese IoT startup ToolSense specializes in the networking of construction and cleaning machines. In the past, the startup has entered…

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