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Category: Fintech

The Government of Chile will regulate cryptocurrencies and fintech

The Minister of Finance of the Government of Chile, Felipe Larraín, announced from the United States the sending to Congress of a bill to regulate Fintech and cryptocurrencies. This was reported by Ahora Noticias, on April 15. Minister Felipe Larraín explained: “Attending to the different forms taken by the business…

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US fintech buys Worldpay for 43,000 million dollars

The US fintech Fidelity National Information Services (FIS) has reached a “definitive agreement” to acquire payment services firm Worldpay for a total of 43,000 million dollars (37,891 million euros), including debt, according to both companies in a statement. This is the second major operation in less than two years carried…

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Cyber risk and regulation in Europe is a new paradigm for fintechs

The European Supervisory Authorities EBA, Esma and Eiopa have published two opinions in response to requests made by the European Commission in its Fintech Action Plan. In one of them, they urge to introduce legislative improvements to carry out a correct management of ICT risks in the financial field. Which…

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This country has great opportunities for development in economics

Mexico’s development opportunities are enormous and go beyond the economic and political environment it faces, assured the global CEO of International Personal Finance (IPF), Rami Ryhannen. In this sense, the Estonian executive stressed, Mexico has a very large population to which it is necessary to bring financial services closer, so…

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Analysis: The dangers and benefits of the Big Tech / fintech disruption

The entrance of the big technology companies, the Big Tech, to the financial scene can affect the degree of concentration and contestability of financial services, with benefits and potential risks for financial stability. The wonders The emphasis is on companies such as Apple, Google, Facebook, Amazon and Ant Financial, rather…

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