As Europe’s largest financial firms cut back staff and prepare for Brexit, an emerging competition is charging at full speed. The financial technology sector, a broad category that includes companies ranging from mobile banks to loans between individuals. It has hired energetically in the first quarter in the United Kingdom,…
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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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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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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 financial world has entered a revolution thanks to the emergence of new technologies. Making payments, transferring money or requesting credits can be done 100% through the internet. There is no longer a need to make long lines or fill out tedious documents. With technology, a better experience can be…
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From a small startup to the largest credit marketplace in continental Europe, auxmoney is a true Düsseldorf success story. With 260 employees and more than 10 years of company history, fintech is already one of the big-ups. Auxmoney co-founder and Managing Director Philipp Kriependorf reveals in an interview what it…
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UBS opens its interfaces for fintech providers in various European countries. However, the step is not entirely voluntary. With the support of Munich-based Ndgit, UBS has opened a “sandpit” where third-party vendors have been able to romp around since 14 March to rehearse the connection to the big bank. This…
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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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The Spanish fintech ecosystem recognizes that in the last two years Santander has given a boost to its digital area that has put it ahead of the traditional BBVA leader. Santander has given a big boost to its digital banking approach in the last two years. The company has signed…
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