The Austrian Financial Market Authority (FMA) has given the crypto currency fintech Bitpanda the green light for a Payment Service Provider license. The license allows Bitpanda to act under European law (PSD2) as a payment institution in the future. The Payment Services Directive 2 (PSD2) is a European Union (EU)…
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What products and services introduced by the 300 Fintech companies in the Spanish market are really different from the traditional ones? The analysis of Fintech’s financial products compared to those of traditional banking performed by FUNCAS-KPMG concludes that differential financial products with a high added value are some of those…
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Two out of three medium-sized companies in Germany fear that the digital transformation of their operations could overtax them financially. This is one of the most central findings of the study “Financing Monitor 2019”. We interviewed a total of 200 financial decision-makers from medium-sized industrial, commercial and service companies. However,…
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Having full identification of a client to mitigate the risk of being used as vehicles for money laundering is the biggest challenge for financial technology platforms (fintech) in preventing money laundering, said Omar Torres López , Deputy Director General for Prevention of Operations with Resources of Illegal Origin of the…
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Ceo’s of the financial sector promote working hand in hand with open innovation and Fintechs to bring financial services to more Peruvians The CEOs of the main banks of Peru expressed the importance of betting on open innovation from the hand of the Fintech, in the framework of the second…
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Mobility in cities is one of the great present and future challenges in the world. The large car companies devote a significant part of their resources to finding solutions based on technology: artificial intelligence, machine learning or big data. They are essential technologies for connectivity and mobility in the near…
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Swissquote, the online bank, sees tremendous opportunities for digitization and cryptocurrency growth. In an interview with finews.ch, co-founder and CEO Marc Bürki reveals how he wants to do this. Mr Bürki, at the end of July 2018, the financial newspaper Finanz und Wirtschaft wrote: Swissquote is doing well. Since then,…
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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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In the framework of the second edition of the CEO Summit Open Innovation, the main banks of Peru expressed the importance of betting on open innovation hand in hand with the fintech. The central theme of the meeting was “Open Innovation in Financial Services and Banking” and reflected on the…
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The digitalization and application of new technologies to the development of financial services are revolutionizing the way people relate to their money. Not only in Argentina, but in the world, the bureaucracy of the bank branch is being replaced by two or three buttons in a cell phone application. Fintechs,…
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