Google Pay in Spain is slowly expanding the list of compatible banks, In this month of January there are three new entities that have joined the official Android payment platform. Each time users have more options to add a payment card in Google Pay. Now there are 14 banks and…
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In the industry, foreign currency transfers are part of daily business. So far, the high fees and exchange rate surcharges of the banks are hardly questioned. But now there are cost-effective and secure alternatives: Fintechs offer better conditions, transparent exchange rates and are – as BaFin-regulated – as safe as…
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Payment Innovation Hub studies the implementation of the payment with facial recognition in restaurants, doing pilot tests in Knee and Vienna. The innovation center Payment Innovation Hub of Barcelona, promoted by CaixaBank, Visa, Samsung, Global Payments and Arval, has launched two pilot tests with Knee and Vienna, in order to…
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The company was located by the World Economic Forum among the 100 most important Fintech initiatives. PagoFácil, a company that is part of GINgroup, chaired by Dr. Raúl Beyruti Sánchez, starts this 2019 with 8,000 client companies, that is, a growth of more than 120% in the amount processed with…
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If one thinks of the widespread use of Zalando parcels in Swiss post offices, the sudden drop in prices that Zalando has behind him is astonishing. But the example also shows that the number of packages sent is not synonymous with economic success – certainly not with success on the…
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Never before has there been so much money for startups in Germany as today. As the consulting firm EY determined in its current startup barometer, 4.6 billion euros flowed into German startups in 2018 over 615 financing rounds. That was at least 21 percent more financing rounds and 290 million…
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According to several specialists, a large part of the players in the world economy have been severely affected by what is known as the “Amazon Effect”. And for no one is it a secret that the success in which Jeff Bezos’ business has become has uniquely modified consumption and the…
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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…
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Latin American region, is experiencing an important stage of eCommerce development. According to data revealed by Statista, total purchases of electronic commerce in the region may reach $ 79.9 billion in 2019 and after this scenario RappiPay has emerged to diversify digital services to facilitate this process to users. RappiPay:…
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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…
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