Facebook’s first foray into the financial world prompted an immediate question yesterday: how far will your new digital currency shake up traditional financial services? The vision of Facebook promises a world where banks and other means of payment are disintermediated by Libra, which could allow instant and almost free international…
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A few days ago, Facebook announced what will be its own cryptocurrency, Libra. And with it also its digital wallet option, Calibra. For Libra to become a reality from next year, Facebook has partnered with 28 major companies, among which there is no traditional banking partner, forming the Libra Association,…
Continue readingThe cryptocurrency of Facebook will be an alternative to the existing banking system
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The current prices in the crypto market may not be a sign of huge changes, but behind the scenes, this industry is going through a new, evolutionary period. Particularly interesting is the sector of crypto lending, an industry that is still unknown to many HOD teachers. Co-founder and CEO of…
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Technology has managed to reach every corner of our day to day, changing everything we already knew for much more advanced things. In this opportunity, we will tell you how technology and finances have combined to make way for neo-bancos. What about traditional banks? Traditional banks are increasingly hated by…
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The European directive on means of payment was passed, known as PSD2, which replaces the previous one in 2009 and will be applicable as of September, with the aim of protecting the user from possible undue access to Your sensitive information. Within the banking sector created much controversy because, in…
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On several occasions we have exposed about some innovative companies, even considered as disruptive, which are part of the phenomenon of the 4th Industrial Revolution. We refer to the popular Fintechs, who have been part of our history in CryptoTendence. For this reason, we have decided to build a guide…
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The British ‘fintech’ has surpassed the barrier of 200,000 users a year and a half after landing in our country. Purely digital banks win followers in Spain. After a year and a half operating in our country, the digital bank Revolut has overcome the barrier of 200,000 customers, according to…
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Capital One Cafe is arriving in Tampa, while the financial corporation continues its efforts to win millennial clients with a coffee shop and a bank that does not have ATMs. Attracting young customers With smartphone apps that handle money transfers, rent payments and financial planning, traditional banks are still trying…
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The central bank of Mexico is in talks with Amazon to launch a new mobile payment system, backed by the state. That would allow consumers to pay for purchases online using QR codes, said the general director of payments of the bank. It would be the first time that Amazon,…
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Even though the ripple (XRP) has recently cooled a bit, XRP’s price performance remains one of the strongest in recent months. All this happens under the guise of Ripple Inc. The startup has launched several products that will facilitate and accelerate the execution of cross-border transactions. As a result, the…
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