The Austrian Financial Market Authority (FMA) has given the crypto currency fintech Bitpanda the green light for a Payment Service Provider license. The license allows Bitpanda to act under European law (PSD2) as a payment institution in the future. The Payment Services Directive 2 (PSD2) is a European Union (EU)…
Comments closedMonth: April 2019
The EFMA meeting brought together for two days representatives of global banking and the sector ‘fintech’ with disruptive products, to show how banks are integrating innovative solutions and new business models in their strategy, the result of collaboration with different startups. David Martín, in his panel with Laurent Herbillon, director…
Continue readingWho said it?: “Our goal is to look for the win-win between the bank and the startup”
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Former Lovoo CEO Alexander Friede joined Dresdner startup food newcomer. This wants to help founders to sell their food products. “Off to the shelf with you” – this is how the new Dresden startup Food Newcomer advertises for customers. As an agency, the company wants to help food startups enter…
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Researchers have cited Amazon before by Rekognition, the facial recognition technology that the company has allowed to use the police and that has generated concern because the company is essentially supporting the surveillance state. Technology has also been under scrutiny in the past for a variety of other reasons, such…
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With Monday’s announcement by the Central Bank (BCRA) that guarantees that the interest rate will maintain a floor of 62.5%, the monetary entity seeks that the banks raise their rates of the fixed terms, which it considers to be low, with the objective of making them more attractive for investors…
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JenID Solutions GmbH is now part of the largest fintech node in the Middle East, the Bahrain Fintech Bay. The new partnership opens up future markets for jenID in the Arab world and in Africa. Bahrain Fintech Bay is the largest fintech hub in the Middle East It is headquartered…
Continue readingHow is it like to be part of Bahrain Fintech Bay? JenID Solutions may now the answer
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What products and services introduced by the 300 Fintech companies in the Spanish market are really different from the traditional ones? The analysis of Fintech’s financial products compared to those of traditional banking performed by FUNCAS-KPMG concludes that differential financial products with a high added value are some of those…
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The startup incubator Rocket Internet wants to build more companies in the current year than 2018, said CEO Oliver Samwer in a conference call with journalists. In the past year, several portfolio companies were listed on the stock exchange, others are in the starting blocks, currently there are only two…
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The “10-second toothbrush” of the Austrian startup Amabrush is due to the low Putzfolgs and lack of deliveries for some time in the criticism. The consumer protection association has now announced that it wants to take legal action against the startup. The brutkasten has contacted the founder of Amabrush, Marvin…
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The Fintech Revolut, founded by the investment exbanqueros of Credit Suisse and Deutsche Bank Nik Storonsky and Vlad Yatsenko as a digital alternative to the big banks, has reached 200,000 clients in Spain after a year and a half of operations. Registered operations The entity, based in London, landed in…
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