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Tag: Finance

The most backward country in terms of Fintech regulation

According to the executive director of the FinteChile association, Ángel Sierra, Chile is the most backward country when it comes to regulating financial technology ventures. Chile was delayed in the regulation of fintech companies in the region. The local regulator just this year released the draft with basic guidelines to…

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2gether: The first collaborative banking platform

In the digital transformation of the financial sector, new models such as neobanks, challenger banks and BaaS (Bank as a Service), which aspire to compete with traditional banking through technology and user experience, have emerged with force. In this context of innovation born 2gether, the first collaborative banking platform in…

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This country has great opportunities for development in economics

Mexico’s development opportunities are enormous and go beyond the economic and political environment it faces, assured the global CEO of International Personal Finance (IPF), Rami Ryhannen. In this sense, the Estonian executive stressed, Mexico has a very large population to which it is necessary to bring financial services closer, so…

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Fintechs are the key of increasing competition in the financial sector

The enterprises that provide financial services supported by technology, known as fintech. Which are key to reach segments unattended by traditional banking. However, for Fernando Sotelino, assistant professor at the School of International Affairs at Columbia University in New York, and former banker in Brazil, these initiatives are key to…

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Fintech: What they are and how your personal finances can help

The arrival and massification of the Internet, the advance of technology added to the inefficiency and the high costs of banking as well as the bankruptcy of some banks like Lehman Brothers, has brought the emergence of a new financial industry called Fintech or Fintek, which applies the technology to…

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Security or utility tokens? The SEC’s FinTech department presents a framework for digital assets

Has the struggle for coherent overseas crypto regulation finally come to an end? A framework recently released by the FinTech division of the US Securities and Exchange Commission (SEC) seeks to clarify the question of whether a token is a security. The guidelines provide guidance for evaluating a token according…

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What is the “Fintech Law”?: All about the issue involving open banking and crypto

On March 23, 2017, the draft of a financial technology law was published in Mexico with the intention of regulating the administration, operation, and implementation of companies that wish to offer citizens access to an alternative form of investment and finance. In its initial stage, this project was an early…

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