To date, the relationship between traditional financial institutions and fintech companies seems to be more complementary and cooperative than competitive. However, the big technology, bigtech (such as Google, Amazon, Facebook and Apple), which have already begun to venture into financial services in certain jurisdictions, could represent a greater competitive impact.…
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Apple has purchased a San Francisco-based startup focused on developing and publishing voice applications. Pullstring is the name of the startup. For Apple, it could be an important factor in Siri’s improvement and also bridge the gap with Amazon Alexa. An improvement for Siri The acquisition of PullString could play…
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Technological giants such as Amazon, Google, Facebook and Alibaba have an advantage over traditional financial technology companies (fintech) by having unlimited user information and capital, which allows them to compete strongly, the Financial Stability Board (FSB) said. for its acronym in English). Financial services as part of product range In…
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A blockchain summit supported by the government of India is attracting many policy makers with the aim of accelerating the development of cryptocurrency regulation in the country. Among the expected participants are officials from the Ministry of Finance of India and the panel currently in charge of drafting the regulatory…
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GM Financial, General Motors’ leasing, finance and leasing division, announced its partnership with blockchain startup Spring Labs. Last spring, the startup raised $ 15 million in a start-up round. The car rental company wants to join the Spring Founding Industry Partner Program to work with the startup. GM sees the…
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The European nation presented a new bill that includes a legal framework for the securities issued through the blockchain network. The Luxembourg parliament – Chamber of Deputies – passed the bill with 58 members who voted in support of the legislature. The bill’s document says that Bill 7364 aims to…
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The implementation of a sandbox, a test environment for financial innovation based on technology, is an essential step to support the digital transformation of the financial sector in Spain and respond to the new needs of consumers with all the guarantees. Sandbox: reality and usefulness This is one of the…
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The telecommunications sector in Spain is convulsed. Once the football war and its television rights are over, the turn of a second wave of consolidations has arrived. After the purchases of Ono and Jazztel by Vodafone and Orange, respectively, it is again the French who have all the cards to…
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Its online brand value rose 25% to US $ 187,900 million, Brand Finance said in its Global 500 report. Six other technology companies are in the top 10. Amazon, the most successful In 2018 Amazon registered its most successful Prime Day to date and reached the US $ 1 billion…
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The British fintech will begin its international expansion in Ireland, France, and Germany. Starling Bank, one of the new digital banks operating in the United Kingdom, today announced that it has raised 75 million pounds (85 million euros) in its latest round of financing. Some 60 million come from the…
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