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Tag: Financial

All about fintech in Switzerland: The banks have fate in their hands

Thanks to excellent conditions, the fintech industry in Switzerland is growing dynamically, as a study shows. She finds clear words on the prospects for the banks: further development or irrelevance. Martin Hess is Head of Economic Policy at the Swiss Bankers Association The Institute for Financial Services Zug (IFZ) notes…

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Fintechs: Dedicating services to improve digital payments systems

In the face of the critical sociopolitical situation that Venezuela is going through. You might believe that it is a difficult task to consider the possibilities of financial technology have an opportunity to reflect with Empresas Fintech in Venezuela. However, surprisingly in our country it is not so difficult to…

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Germany bans short selling of highly acclaimed Fintech Wirecard stock

Once the German online payment service provider was more valuable on the stock market than the Deutsche Bank. The supervisory authorities are now considering Wirecard. Which also operates in Switzerland, as the trigger for a conflagration and are stepping in. This has never happened before. The Federal Financial Supervisory Authority…

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Spain loses the chance to be a reference “fintech” without the test bench

The financial sector and the financial and insurance companies with a technological base (“fintech” and “insurtech”) believe that if the creation of the “sandbox” is not approved, Spain will lose the opportunity to become a reference center for testing the most innovative products. This has been assured to Efe the…

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FinTech: This is what happened with this Frankfurt blockchain startup

Frankfurt Blockchain startup Agora Innovation secures a high six-digit investment from High-Tech Gründerfonds. High-Tech Gründerfonds is investing a high six-figure sum in the Frankfurt blockchain startup Agora Innovation GmbH. Frankfurt Fintech Agora Innovation develops software for legally compliant financial transactions at Blockchain. Fintech Agora Innovation secures Seed-Investment from High-Tech Gründerfonds…

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Five new financial platforms will use XRP for international payments

The company behind cryptoactive XRP Ripple, reported that five new financial platforms will start using cryptocurrency to make cross-border payments. The startup highlighted that JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank will use XRP to “obtain liquidity” and “send payments on behalf of their clients”. Ripple also announced that…

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How a Berlin based fintech expanding into more European markets

At a time when many banks are looking to invest in fintech companies, open banking fintech Raisin is taking the road less traveled by buying MHB Bank of Frankfurt. Its longtime service bank. Raisin operates an online marketplace for savings and investments across Europe hoping to grant wider access to…

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CFTC approved bitcoin as part of embracing innovative solutions for the market

Giancarlo said this during a speech on EU-US regulatory cooperation in the derivatives markets at the Eurofi Financial Forum in Bucharest, Romania. The Chairman reiterated his authority’s support for international efforts. These efforts are aimed at examining the effectiveness of the G20’s reform agenda for derivatives and ensuring that it…

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