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Tag: Facebook

Tech giants evaluate entering the financial system

The technological giants such as Facebook, Amazon, Google and Apple have touched the door of the National Banking and Securities Commission (CNBV) to enter the financial system. How are things going? The president of the organization, Adalberto Palma, acknowledged that he has met with representatives of these firms, which are…

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The issue of Banking in the Age of Google, Facebook & Co.

For the banking industry, the EU directive with the inconspicuous name “PSD2” is a small revolution. Because: The “Payment Service Directive 2” breaks since last year the monopoly that banks have on the account data of their customers. This allows completely new business models under the slogan “Open Banking” and…

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Blockchain startup Harmony working on creating a decentralized protocol

Harmony announced today that it raised USD $ 18 million from a series of investors. This includes Lemniscap VC of Hong Kong, BCA Fund of Australia, UniValues Associates of Singapore and Consensus Capital of Silicon Valley, and others. The co-founder, Nick White, announced to CoinDesk that the sale of tokens…

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Why should banks have a business model like Google and Facebook?

The Bank of Spain is concerned about the progress that large technological corporations such as Google and Facebook can have within the financial sector. Although it is still not clear what role they will play, nor what will be adopted by the big fintechs, the regulator does believe that it…

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Startups: Do we have to ‘chop’ Facebook and other technological giants?

Mark Zuckerberg put it on a tray. “Does it intrigue you why I think Facebook has too much power? Let’s start with its ability to stop the debate on whether Facebook has too much power, “said Democratic Sen. Elizabeth Warren after the social network withdrew (and resubmitted) the posts and…

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Do these founders solve one of the biggest Facebook issues?

Terror propaganda, data theft, fraud: tech companies like Facebook have been fighting for years with fake accounts. The German-American startup Passbase wants to solve the problem now – and gets first money from investors in Silicon Valley. 1.3 billion: Facebook biggest problem One of Facebook’s biggest problems can be summed…

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Facebook opens a lab to support startups in Chile

Facebook announced on Thursday the opening of Innovation Lab Santiago, a space within the Chile Co-Work Start-Up where it will offer training and mentoring for 600 entrepreneurs. The program developed with Start-Up Chile includes free advice and training for developers and startups, as well as technical support to integrate products…

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