Fintech has acquired the banking company Penta, which was only launched at the end of 2017. The model of Penta is reminiscent of N26, but is clearly geared towards business customers. That was quick: Just in December 2017, the digital bank Penta went to the start and was able to…
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Since a little over four years ago, banking in Peru is going through a process of digital transformation, seeking to bring financial services closer to customers, taking advantage of available technologies. In this sense, El Comercio together with Telefónica and Wayra organized the second edition of the CEO Summit Open…
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Katharina Schneider, financial correspondent of Handelsblatt, answered some questions about fintech. Who are you and what are you doing? My name is Katharina Schneider and I am a journalist. After my studies (economics and politics) I started quite fast at Handelsblatt in Düsseldorf. For four years I have been working…
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Open innovation involves opening the innovative processes of a company to many types of information and contributions from abroad. In that direction, the Peruvian financial system has become an example and a reference of what can be achieved from its relationship with ‘startups’, ‘fintechs’ and ‘insurtechs’. The evolution of this…
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The Swiss fintech industry continues to grow, while the traditional banking sector continues to stagnate. Swiss fintech industry continues to grow In particular, the development of the fintech industry and the classic financial industry in 2018 were the focus of the investigation. Above all, the positioning of classic banks vis-à-vis…
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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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According to N26 CEO Valentin Stalf, “N26 Black” and “N26 Metal” are important for the monetization of the fintech bank. All the more important is our guest author Daniel Schulte-Hillen Apple’s market entry in the credit card market. The introduction of the Apple Card is a threat to the N26…
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In Mexico, Banco Santander, together with the Embassy of the United Kingdom, will promote the development of a study related to Financial Technology companies. The bank announced that, in partnership with financial technology companies (Fintech) and in collaboration with the United Kingdom Embassy in that country, will promote a study…
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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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The FINTECH Revolution’ has been celebrated, in which the hand of many specialists have analyzed the new existing ways of providing banking services beyond the regulated formulas as well as the challenges of the digital transformation of the financial sector in Spain. Among the participants has been, deputy director in…
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