The second edition of Finnovista Pitch Day in Bogotá, held on March 14, brought together more than 150 Fintech enthusiasts to know the role of the industry in the empowerment of women and financial inclusion. This Finitech benchmark meeting in Latin America and Spain counted, on this occasion, with a…
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The Financial Services Commission of Mauritius (FSC, for its acronym in English) issued a second note of guidance on the regulation of offers of value tokens (STO). In the document, the FSC stated that the value tokens are considered to be digitally represented values, as defined in the Securities Act…
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All companies avoid wasting time and resources to maximize their benefits. However, in the case of SMEs this is even more important, since their margin is lower than that of large companies. A good way to optimize your performance is to use fintech, which helps us save costs and perform…
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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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Financial inclusion is still a challenge in Latin America and the Caribbean, although its benefits are clear: it helps reduce poverty and contributes to economic growth. In the area, the percentage of the adult population with access to an account in the financial system is 54.4% (approximately 247.3 million of…
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Several years ago, many traditional financial companies began to turn their services towards digital services in order not to be left behind by new companies that combine technology with finance (Fintech), which allow products to be obtained economically and easily from a smartphone or a computer. being a clear example…
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The terms Fintech and Blockchain are part of the new trends in the financial system. It is dedicated to intermediating in money transfers, loans, purchase and sale of securities or in financial and investment advice. The first concept is the result of the union of finance and technology. Which refers…
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As Europe’s largest financial firms cut back staff and prepare for Brexit, an emerging competition is charging at full speed. The financial technology sector, a broad category that includes companies ranging from mobile banks to loans between individuals. It has hired energetically in the first quarter in the United Kingdom,…
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“The data belongs to the clients, who should have the right to share it with whoever they want, beyond geographical and sector boundaries. And this freedom of data is an increasingly important factor for the prosperity of the ‘fintech’ sector”. Accompanying Carlos Torres Vila, the event was also attended by…
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Financial technology companies or fintech has grown 20% in Peru so far this year 2019, according to local newspaper El Financiero. The media explained that in the South American country there are more than 80 companies operating at this time, of which the online loan segment is the most dominant.…
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