The subsidiary of Banco Santander in Mexico and the Embassy of the United Kingdom in the country have announced that they will promote a study on the challenges, perspectives and opportunities for the development of Fintechs. Specifically, Santander Mexico stated that it has found in the Fintech an ally for…
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In May, a new payment service for cryptocurrencies will be launched with Inapay in Switzerland, according to a report on finews.ch. The service developed by the Zug based Fintech Inacta and the Swiss crypto specialist Bity handles crypto payments via a smartphone app. The Zurich based five-star hotel Dolder Grand…
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The blockchain hype train has been derailed as people realize that the technology won’t change things overnight. That’s the view of Fintech heavyweight Chris Skinner, Chair of the European networking forum The Financial Services Club and Nordic Finance Innovation. In a blog post, he says, “I used to blog about…
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Emilio Castellote, senior analyst at IDC Research Spain, explained that blockchain is interesting for the banking sector because it allows entities to improve the security of transactions. Their traceability and the ease with which to clarify things in case of research on movements . That is why it is estimated…
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The main executives of Mastercard and Wells Fargo agreed that the blockchain technology has a long-term potential. But to date it has not been done. Tim Sloan, Managing Director of Wells Fargo, and Ajaypal Banga, Executive Director of MasterCard, agreed that the potential of distributed record technology (DLT) has not…
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In 2018, the crypto-winter and thus the year of stablecoins started. What these are, how they work and what types are there, will be shown in this article. By the end of 2017, blockchain projects sprang up like mushrooms. When the Bitcoin price collapsed in early 2018, the blockchain hype…
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On 19 February, Axel Seitz taps the N26 app on his iPhone, but he can not log in. The access data for his account are not valid, so the error message. Because he urgently wants to transfer money, Seitz tries to reach the bank by phone – and finds that…
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With the objective of growing five times the volume of operations that pass through its platform, Conekta, the fintech aggregate of payments, seeks to leave behind the scenes and approach the final consumer to become the intermediary between this and the businesses. This platform presumes to be the one who…
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Food logistics startup fliit collects 10 million euros. Maersk Growth and Alstin II invest in the Berlin based food logistics startup fliit. Which receives 10 million euros in new capital. Investors for the Series A are the Maersk Growth Fund of the logistics giant Maersk and the venture capital fund…
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Many older people over the age of 30 may have never heard of the bank called N26. Started as one of many FinTech startups, the company is now a fully licensed bank based in Berlin. Unlike normal banks, everything runs via app, really everything! Comfortable, fast, young, innovative, hip, hip.…
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