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Tag: Bank

‘Almost Lost My Business’: Bitcoin Entrepreneurs Detail Banking Struggles

For the average entrepreneur, verifying that your financial institution hasn’t closed your startup’s bank accounts probably isn’t part of your daily routine. However, if you’re an entrepreneur that runs a bitcoin startup, checking up constantly on one’s banking relationships is just part of the job. That became apparent this week…

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The Fintech industry would come to support the bankization in the country, says director of the AHIBA

The Representative of the Inter-American Development Bank (IDB) in Honduras, Eduardo Marques Almeida, yesterday presented the “Congress of Technological Innovation for Financial Services (Fintech)”, which will be held in Tegucigalpa on the 21st and 22nd of this month. The membership, organized by the IDB, is sponsored by the Central Bank…

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Financial guru: How two brothers are stirring up the financial industry

The twin brothers Alexander and Benjamin Michel have brought back the largest single investment in the “DHDL” history with Finanzguru. With their app they want to give the customer something valuable: more time If you want to have someone’s money, it’s a smart move to help him save some money.…

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Banks realize that Fintechs are taking over and want to work together

The path of a financial startup to profitability is long and difficult: the development of new applications is time-consuming. In addition, there are expensive marketing measures to reach a critical mass of users. Collaborating with established banks on an open platform can help. The fintech scene is facing a new…

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If you like neobanks like N26 you should get to know these banking startups too

21In subways and on billboards N26 advertises just offensively for its direct bank offer. Apparently, the banking startup from Berlin has grown so fast that its own marketing department with the comma did not come after. In his ads, it promises “no hidden fees” and “#nobullshit”. Now N26 has collected…

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Fintech Revolution is taking over regular and online banks – here are the NeoBanks

Nobody can deny that money is something vital in our lives: it allows us to travel, create companies, invest, or buy assets, among many other things. And that is why a new way of understanding banking is being developed as we know it today, and as it always was: neobanks…

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8 cryptographic debit cards that you can use around the world right now

Cryptocurrencies are gradually becoming a viable payment option in various markets and jurisdictions. If there is a tool that significantly expands the usability of digital currencies in a world still dominated by traditional payment systems, it is the cryptographic debit card. A growing number of reliable platforms offer the fintech…

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Cryptocurrencies are unsuitable for funding says the Central Bank of England

Huw van Steenis, Senior Advisor to the Governor of the Central Bank of England (BOE), believes that cryptocurrencies do not meet the basic requirements of a financial resource. He made similar remarks on January 21 in an interview with Bloomberg. Van Steenis joined the English Central Bank in 2018 after…

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