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Tag: Banks

5 banks that do not charge you commissions even if you do not domicile a payroll

Entering a payroll every month is one of our best weapons to negotiate the conditions of a checking account with the bank. Many entities undertake to eliminate the costs associated with the operation of their accounts and their cards if the client domiciles their assets in the entity. But what…

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60 banks in 14 countries will use bitcoin for cross-border payments

We all wanted 2019 to be the year of recognition and widespread adoption of cryptocurrencies. It seems that cryptocurrencies and blockchain technology are now really advancing the world by leaps and bounds. A new partnership has appeared in South America, which allows banks to make cross-border payments directly through the…

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Technological advances: Banks were shaken with the appearance of Fintech

The technological advances go at a speed of vertigo and do not cease to amaze us. In several Houston airport restaurants, for example, cash, paper, data sets, tableware and several employees were replaced by mini screens where you choose the menu, order the order and pay the bill charged to…

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Central banks warn that the risks of big technology

The coordinator of the central banks, the International Bank for International Settlements (BIS, in its acronym in English) warns that the incorporation of major technologies such as Alibaba, Amazon, Facebook, Google and Tencent to financial services such as payments, savings and credit poses risks such as the emergence of dominant…

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Central banks can issue digital currencies in the future

The International Monetary Fund (IMF) considers that central banks can issue digital currencies in the future, according to an IMF report of June 27. According to the full document, the IMF and the World Bank conducted a fintech survey that requested responses from financial institutions of all member countries, and…

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What Fintech have been doing in terms of financial inclusion

Traditional banking and technology based financial companies commonly referred to as fintech maintain a war that seems to have no end. The camera that groups these companies, where Mercado Pago stands out, came out to respond with harsh criticism from the banks, who have been insisting for some time now…

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Spain: Fintech companies point to the centennial market and compete against traditional banks

In the absence of products that meet the needs of the centennial market, new fintech proliferate that break with traditional bank proposals and several options are offered in Spain. This was reported by that financial comparator to Cointelegraph en Español, on June 18, through a press release. Centennials or Generation…

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