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FinTech Deposit Solutions in Switzerland: time deposit instead of savings stocking

As announced in November 2018, the German FinTech Deposit Solutions has launched the Savedo platform in Switzerland. After the last round of financing in the summer of 2018, the FinTech and the open-banking specialist Deposit Solutions shines with the proud valuation of about half a billion US dollars. The confidence…

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Samsung buys camera startup that Apple had sued for patent infringement

Samsung has bought camera specialist Corephotonics. The takeover had last indicated. Thus, in the future, Samsung could deal with patent lawsuits that had once brought Corephotonics against Apple on the way. What has the acquisition of Corephotonics, a camera specialist from Israel, through Samsung with Apple’s iPhone to do? At…

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Fed hesitates with licenses – Fintechs are reversing the US banking industry

The Federal Reserve is reluctant to grant companies a license that would allow them, like banks, direct access to the Fed’s systems. Among the young technology companies that are active in, for example, payments or lending, consumer protection and risk management left much to be desired, is the criticism of…

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