Seeking to adapt to the digital revolution driven by the new businesses and the requirements of customers in the matter. The Consorcio Group agreed an investment of US $ 500,000 to around $ 350 million in the platform PagoFácil, aggregate of means of online payments. The alliance will allow the…
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Facebook’s first foray into the financial world prompted an immediate question yesterday: how far will your new digital currency shake up traditional financial services? The vision of Facebook promises a world where banks and other means of payment are disintermediated by Libra, which could allow instant and almost free international…
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Digitization has occupied the last headlines of the banking sector: investment in ATMs, two banks that add wallets, another that wants to invest billions in its digital transformation … In addition, gifts to attract customers continue to have a privileged place in the shop windows of several banks. The financial…
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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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Within the digital commitment of the Spanish holding company, it was also announced that Openbank, a 100% digital bank, will take 10 new markets. In Chile they already have the brand registered. London, the chosen one London was the place chosen by the executive president of the Santander group, Ana…
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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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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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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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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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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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