With cheeky poses and attractive conditions, more and more smartphone banks are pushing into the local market. Can you turn Swiss banking upside down? Self-confidence does not lack the challenger. “Neon tells the established banks to fight”, said the Zurich-based fintech of the same name on today’s Tuesday. As well…
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The Brazilian entity will allocate US $ 30 million to boost its online division in the local market Banco Itaú bets on technology to scale positions With an eye on the long term, the entity devised an investment plan of US $ 30 million in digital banking for the period…
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And I have to go to the branch? This is the question that a young person will immediately ask when they have the opportunity to open a bank account. New customers have massively adopted the smartphone in their lives. Outside and inside the house: always connected. Through it, they relate…
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The main executives of Mastercard and Wells Fargo agreed that the blockchain technology has a long-term potential. But to date it has not been done. Tim Sloan, Managing Director of Wells Fargo, and Ajaypal Banga, Executive Director of MasterCard, agreed that the potential of distributed record technology (DLT) has not…
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The fintech company Avaloq has presented strong results for 2018. The key growth driver was the continued demand for the company’s SaaS, BPaaS and license solutions from new and existing customers, which accelerated growth in markets such as EMEA. For the full year, the company generated sales of CHF 579…
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The Coin Center, of Washington, points out that against international trends Banxico “would deny the safe access of Mexicans to financial technologies”. The Coin Center warns about what could happen with the new regulations proposed by the Central Bank of Mexico (Banxico). Coin Center is the main non-profit research and…
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It’s just a blurry picture. But this picture, photographed during a lecture at the Payment Conference “ProfitCard 19” this week in Berlin, has it all. Because in the picture is clearly read: “Girocard digital in-App”. What does that mean? The German banks are planning – this was confirmed Finanz-Szene.de yesterday…
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If you want to know how German banks are doing, you just have to look at the Dax. More specifically, the subsector banks in the stock market. “Currently no top values” is there, if you are looking for the tops and flops of the industry. And that, although some had…
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How many customers have Swiss smartphone banks? According to Andreas Dietrich of Lucerne University of Applied Sciences Lucerne, Zak’s offer launched by Bank Cler has around 14,000 clients; Neon has a customer base in the four-digit range according to demand of the trade newspaper. The London Fintech Revolut also already…
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It is a lucrative market. Tourists from China like to spend more money on their shopping trip through Germany. On average, they pay 800 euros per purchase. The Berlin-based Solarisbank also wants to benefit from this. The institute has now entered into a cooperation with the Chinese payment provider Alipay,…
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