The opening day of the 49th edition of the Forum of Davos served yesterday as a showcase to reopen the two major debates that have in suspense the banking sector: competition with fintech and mergers as a way to gain size and be more competitive. Who will survive in the…
Comments closedTag: Banking
The main challenge will be the linkage of the sector with the new government The Multiple Purpose Financial Corporations (Sofomes) will grow between 20 and 40% during 2019. This is attributed to the development opportunities for sector entities promoted by the government. Banking sector is cautious Fernando Padilla Ezeta, president…
Comments closed
It is not that there is much time to relax in the markets. However, the perhaps excessively dramatized appearance of the technological giants in the banking world may not be as rapid as it has sometimes been predicted. Although the Bank of England has granted Google a license to act…
Comments closed
May we introduce: Hartmut Giesen Working in the fintech industry is like coming and going, requires a high level of professionalism in a relaxed work environment, and is driven by innovation, good, smart, and forward-thinking ideas, according to a widespread consensus. But who are the very heads and creators behind…
Comments closed
Have you imagined a world without physical bank branches, in which all the services could be solved at any time of the day through your smartphone? This reality is getting closer every day thanks to the new online financial products of traditional banking … but also because of the development…
Comments closedUK fintech MarketInvoice wins backing from Barclays and Santander as banking disruption gathers pace
UK fintech MarketInvoice wins backing from Barclays and Santander as banking disruption gathers pace
Fintech lender MarketInvoice has secured Series B funding from major banks including Barclays and Santander’s fintech fund Inno Ventures. It’s the first major UK fintech debt and equity funding in 2019, coming just ahead of Brexit. The funding will help MarketInvoice expand its UK business operations and values the company…
Comments closed
The sector of the multipurpose financial corporations (Sofomes) will grow between 20 and 40 percent during 2019, because the change of government opens up new development opportunities for these financial entities. The views of the banking sector The new president of the Association of Multiple Purpose Financial Societies in Mexico…
Comments closed
“The bank always wins,” is a popular saying. Anyone looking at the press releases of the last few years will have great doubts about it. At the turn of the millennium, when I decided to start a bank education, the (banking) world was still in order. Banks and savings banks…
Comments closed
The advancement of technology and new business models will have an important impact on the actions of banking in 2020. These are the 10 trends and challenges in which private investors and SMEs operate in this new scenario. The danger of technology The entrance of the BigTech, although it is…
4 Comments
The digitalization of banking is a phenomenon that has been growing strongly. Even many of the banks have felt threatened by Latin American startups that want to offer diverse alternatives to the millennial market. To clarify the current situation, Dr. Elisa Piedrahita, dean of Financial Engineering at the Piloto University,…
Comments closed