There are some exciting trends in the FinTech sector. It becomes clear: There is a mega-topic, which was particularly important in the past year and for which investors had a lot of money left over. 659 million euros for German fintechs The year 2018 was a record year for the…
Comments closedTag: Fintech
When: From January 29 to 30 Where: Paris (France) The French capital will host this month more than 150 CEOs of fintech companies from around the world in the fourth edition of the forum, which is sponsored by Emmanuel Macron. Throughout these two days they will tackle key topics on…
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This card without bank reimbursed more than 600,000 euros in 2018 Bnext exceeds its first 100,000 active clients 70% are men. The majority (61%) is less than 35 years old and 41% lives in Madrid or Barcelona. This fintech works to incorporate two important novelties: Bnext Rewards (to add points…
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Digital technology is transforming the expectations and preferences of customers, challenging the leaders of the industries to adapt and evolve their business models. The financial services industry is no exception. The massive adoption and global ubiquity of mobile phones, coupled with the digitalization of financial processes and services, has created…
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The US Federal Reserve is reluctant to grant fintech access to the country’s financial infrastructure, including its clearing and settlement systems. The concern arises from the perception that these companies do not have robust risk controls or consumer protection systems that common banks must have to operate. “I am concerned…
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The most important crypto exchange revealed that it had received 18 citation requests from US authorities. Despite being based in Switzerland, the United States government submitted 30 percent of all applications received. A warning to crypto exchange Earlier this month, Kraken, another major crypto exchange, published its transparency report. The…
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While much of today’s fintech debate focuses on the potential applications of technology to financial services, the underlying reasons why the industry is seeking innovation so aggressively at this time are also important. To a large extent, it reflects the realities of the current environment: the need to reduce costs,…
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We started this 2019 with good news in the financial field. With the entry into force of the Fintech Law and the measures to boost the financial sector announced by the new government led by Andrés Manuel López Obrador, this 2019 will be a boom year for Mexican startups, said Juan…
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Regarding the challenges in the development of digital banking, a need has arisen to make changes to the regulatory framework, address the issue of cybersecurity and overcome the cultural resistance within the banks themselves. Banks in Latin America project that during the next five years they will have to share…
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B2B FinTechs could not have had a sustainable foothold in corporate banking in 2018, reports ING Germany. Although FinTechs and banks have come closer together in the cooperation, the persistently difficult market environment still poses enormous challenges for both players: corporate customers are more likely to avoid risks, have extremely…
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