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Tag: Financial

Want to catch up on what’s hot at FinTech? Come and meet people and computers in Berlin

The Israeli brain conquers Berlin: In two weeks (on December 11 and 12, to be precise), Germany’s capital, the strong economy in Europe, will host two international innovation events led by a group of people and computers: Fintech Junction 2019 – Fourth International Conference on Innovation in Financial Technologies To…

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Financial obstacles inhibit cleantech growth in the UAE

As regional governments become increasingly aware of the social and economic threat posed by climate change, population growth and resource over-consumption, there is growing appreciation that improved energy efficiency, reduced use of non-renewable resources and environmental sustainability can only be achieved by successfully developing and harnessing new environmental technology –…

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This bank creates alliance to fight regional fraud and face the digital era

The impact of new technologies in the financial and banking industry has been evident, both for those who work in it, and for users, who experience the changes promoted by these companies. But in addition to the adoption and adaptation to new tools, this sector has had to face the…

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Fintech: And what about regulations and cyberattacks?

The financial institutions that are in the alternative scheme of the Interbank Electronic Payment System (SPEI), as a result of the cyber attacks, would be outside the application of the Digital Collection scheme (CoDi), reported the Bank of Mexico (Banxico). Everyone’s getting regulated The director of the Payment System of…

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Technologies such as Facebook’s Libra will be especially “painful” for traditional banking

The payments directive will reinforce the digital alternatives: “Too many European banks believe that their business model is solid”, they warn. Digital initiatives such as the recently launched Pora virtual currency, promoted by Facebook and a network of 27 other partners (including Uber, Spotify and eBay), have once again placed…

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Support to the development of startups that contribute to the modernization of the financial system

Seeking to adapt to the digital revolution driven by the new businesses and the requirements of customers in the matter. The Consorcio Group agreed an investment of US $ 500,000 to around $ 350 million in the platform PagoFácil, aggregate of means of online payments. The alliance will allow the…

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Entry of large technology poses risks to financial services

Technological giants such as Alibaba, Amazon, Facebook and Google could become dominant participants in financial services of payments, savings and funding, if global joint work is not done among regulators, supervisors and legislators, warned the Bank for International Settlements (BIS, by its acronym in English). “It is imperative that global…

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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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An alliance ensured the promotion and development process of Fintech and Insuretech

Much is spoken worldwide, Latin American and national, of the great challenges facing the financial sector in the current times. One of them is to adapt to the digital revolution driven by new business and the requirements of customers in the field. In this line, in Chile, the first investment…

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The cryptocurrency of Facebook will be an alternative to the existing banking system

A few days ago, Facebook announced what will be its own cryptocurrency, Libra. And with it also its digital wallet option, Calibra. For Libra to become a reality from next year, Facebook has partnered with 28 major companies, among which there is no traditional banking partner, forming the Libra Association,…

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