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Tag: Banking

Know the neobanks that you must take into account for your operations

Technology has managed to reach every corner of our day to day, changing everything we already knew for much more advanced things. In this opportunity, we will tell you how technology and finances have combined to make way for neo-bancos. What about traditional banks? Traditional banks are increasingly hated by…

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All about fintech in Switzerland: The banks have fate in their hands

Thanks to excellent conditions, the fintech industry in Switzerland is growing dynamically, as a study shows. She finds clear words on the prospects for the banks: further development or irrelevance. Martin Hess is Head of Economic Policy at the Swiss Bankers Association The Institute for Financial Services Zug (IFZ) notes…

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N26: An empty account, missing phone support and an overburdened bank

The digital bank N26 is currently struggling with its growth. Phishing scams and customer communication problems could discourage customers and hurt the entire fintech industry. A very impressive growth A few days ago, N26 founder Valentin Stalf said in an interview that the digital bank is winning 10,000 new customers…

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A New York bank is opening accounts for emerging Bermuda encryption companies

Cryptocurrency startups in Bermuda can now open bank accounts in New York. In a press release, the Bermuda Government announced that it is partnering with the Signature Bank based in New York. According to the launch, the agreement will allow Fintech companies in the island nation to access US banking…

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“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. Kraken CEO: I Learned the…

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Scotiabank goes for fintech and creates the accelerator Factory A

Investors, academia and start-ups. The Canadian bank Scotiabank brought together the necessary allies to consolidate an innovation strategy that leads it to improve its products and its customer’s experience in Latin America. The plan includes digital factories, alliances with venture capital funds and the creation of Factory A, the accelerator…

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Why the government helps fintech: This Federal Council comes to late fintech honors

As a former Minister of Economic Affairs, he helped the Swiss fintech scene to a public relations coup. Also for this Johann Schneider-Ammann now comes to late honors. A fintech influencer? It is quite possible that Johann Schneider-Ammann would not easily dismiss the word “fintech influencer” – in May 2016,…

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The issue of Banking in the Age of Google, Facebook & Co.

For the banking industry, the EU directive with the inconspicuous name “PSD2” is a small revolution. Because: The “Payment Service Directive 2” breaks since last year the monopoly that banks have on the account data of their customers. This allows completely new business models under the slogan “Open Banking” and…

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