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Tag: Financial

$ 20 million was raised to connect banks with fintechs and other financial service providers

Bud helps banks connect their applications and data to other fintech companies and financial services providers has closed more than $ 20 million in additional funds. The round of the Series A considers that the company will recover the support of a series of banks: HSBC (which, through First Direct,…

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Towards the integration of financial entities and fintech companies

The Ministry of Finance, through the Financial Regulation Unit (URF), once again took a step forward to deepen the integration of the traditional financial sector and the fintech industry (financial technology companies), allowing credit institutions, financial services companies, and capitalization companies, the acquisition of shares or quotas in Fintech companies.…

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A new era: Regulations on Fintech

The importance of ‘fintech’ regulation, a consequence of digital transformation, does not understand borders: in Europe, both the European Commission and the European Banking Authority (EBA) published their action plans in mid-2018, setting a roadmap until mid-2019. For its part, the US Treasury It produced a report of more than…

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Startup scouting in Berlin: making bridges between startups and the corporative world

What are the technological trends of the future? Which are the most suitable startup solutions for a specific problem? Those are questions to deal with as a startup scout at the Startup Intelligence Center at Daimler Financial Services. The Startup Intelligence Center (SIC) is the entry point for all young…

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Fed hesitates with licenses – Fintechs are reversing the US banking industry

The Federal Reserve is reluctant to grant companies a license that would allow them, like banks, direct access to the Fed’s systems. Among the young technology companies that are active in, for example, payments or lending, consumer protection and risk management left much to be desired, is the criticism of…

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