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Tag: Banking

What are the different financial products and services of european banking and Fintech?

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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Identification of the client: the fintech challenge in terms of washing

Having full identification of a client to mitigate the risk of being used as vehicles for money laundering is the biggest challenge for financial technology platforms (fintech) in preventing money laundering, said Omar Torres López , Deputy Director General for Prevention of Operations with Resources of Illegal Origin of the…

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What is the “Fintech Law”?: All about the issue involving open banking and crypto

On March 23, 2017, the draft of a financial technology law was published in Mexico with the intention of regulating the administration, operation, and implementation of companies that wish to offer citizens access to an alternative form of investment and finance. In its initial stage, this project was an early…

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Digital transformation: Change in internal culture is the main challenge in banking

Since a little over four years ago, banking in Peru is going through a process of digital transformation, seeking to bring financial services closer to customers, taking advantage of available technologies. In this sense, El Comercio together with Telefónica and Wayra organized the second edition of the CEO Summit Open…

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Santander announced that it will conduct a study on Fintech companies

In Mexico, Banco Santander, together with the Embassy of the United Kingdom, will promote the development of a study related to Financial Technology companies. The bank announced that, in partnership with financial technology companies (Fintech) and in collaboration with the United Kingdom Embassy in that country, will promote a study…

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