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Tag: European

FinTecSystems receives permit of an account information and a payment initiation service

FinTecSystems received the BaFin permit as an account information service as well as a payment initiation service. In the competition of the Fintechs the Munich can now offer their services from the digital bank information to the payment initiation regulated. They are very happy about the BaFin permit. They have…

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Copyright reform: Upload filters alert European startups

In an open letter entrepreneurs from 16 countries warn of drastic consequences. The startup association renews its criticism. No legislative proposal is currently shaking waves like the EU’s copyright reform, which the European Parliament is due to vote on next week. For Saturday, demonstrations are planned in numerous cities –…

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A Spanish fintech raises $75 million for its e-commerce financing platform

In Spain, the chain of success began. When Pagantis was born in 2011, his idea was to develop a leading business in the country, as its CEO Rolf Cederström recalls. “We were pioneers in online consumer credit and after the strong demand from our international merchants and partners, we are…

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Google will start suggesting users to use competitive products or services

It is not usual for a company to tell you to use competitive products or services. But Google will start doing it very soon. The European Union accused the technological giant of taking advantage of the dominance of its operating system in mobile phones. Which is being used to promote…

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Cyber risk and regulation in Europe is a new paradigm for fintechs

The European Supervisory Authorities EBA, Esma and Eiopa have published two opinions in response to requests made by the European Commission in its Fintech Action Plan. In one of them, they urge to introduce legislative improvements to carry out a correct management of ICT risks in the financial field. Which…

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