Self-employed persons, traders and small companies are particularly affected by the new regulations Basel III for banks for lending to companies: For smaller loan amounts of up to 100,000 euros, the ratio between expenditure and income is considered too low or too lucrative from the Bank’s point of view ,…
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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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Since its launch in March 2018, the digital farmer’s market has been giving market its first signal that the platform works. Those who want to order regional food directly from the organic farmers will find on the website of Käferbohnen about game meat to Marmorguglhupf much that Austrian producers deliver…
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The users of the electronic mail of Google received yesterday in their inbox a message in which it was warned that Google Payments, the branch of digital payments of the Californian giant located in London, updates the contractual conditions “so that, although it changes the relation of the United Kingdom…
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The technology giant has taken the decision to move its payment platforms from London to Ireland, before a Brexit without agreement. The company has announced to its users that as of April 4 the company responsible for offering the services will be the subsidiary Google Ireland Limited. The financial activity…
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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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In Latin America, lack of confidence in financial institutions has long hampered financial inclusion, political participation and startups. On this side of the world, the challenges that are being worked on are impressive. The ongoing digital transformation of the region, the rapid changes that keep entrepreneurs in the region in…
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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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