With Facebook announcing its new cryptocurrency called Libra it seems that we are entering a new era of great technology that enters into the main banks financial companies. So, should we expect a significant Amazon movement on that front? Perhaps a digital currency of its own or an impulse to…
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Banks and financial service providers will only be able to assert themselves in the future if they open up partnerships with fintechs to integrate digital technologies and services. But what offers and solutions should be kept in mind? Here are the five fintech trends that you should deal with in…
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In the digital transformation of the financial sector, new models such as neobanks, challenger banks and BaaS, which aspire to compete with traditional banking through technology and user experience, have emerged with force. In this context of innovation born 2gether. The first collaborative banking platform in which the customer has…
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Thanks to excellent conditions, the fintech industry in Switzerland is growing dynamically, as a study shows. She finds clear words on the prospects for the banks: further development or irrelevance. Martin Hess is Head of Economic Policy at the Swiss Bankers Association The Institute for Financial Services Zug (IFZ) notes…
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FinTech portals on the Web are increasingly replacing financing requests via the bank. These offer a variety of flexible and tailored to individual company needs financial offers. In the US, around 80% of corporate financing is already bypassing conventional banks. In Germany too, alternative corporate financing through FinTech portals and…
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Mexico had in 2018 one of the most scandalous events in the banking industry. Between April and May of that year the Bank of Mexico (Banxico) estimated the theft of between 300 and 400 million Mexican pesos (from 15 to 20 million US dollars). Almost a year after the incident,…
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A worldwide phenomenon is the emergence of Fintech Startups, which have been considered the “ultimate bak disruptor” by large companies such as JP Morgan, meaning that they manage to challenge the financial monopoly of banks. However, a phenomenon that is occurring in the United States is the rebirth of small…
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Sizmek, the US-based ad tech company, has filed for voluntary bankruptcy in an effort to tame its “over-leveraged balance sheet”, a situation that reflects the increasingly tough market in which ad tech firms compete. What about the balance sheet? On Friday evening, the independent company issued a press release ,…
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In Spain, banks and savings banks have adapted financial technology and big tech faster than their European competitors. That country leads the fintech world together with the United Kingdom. The article signed by Stefanie Müller, pointed out that in 2012 banks and Spanish savings banks were in the spotlight all…
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Every day the adoption of cryptocurrencies becomes more visible in different societies. The enthusiasts of Bitcoin, Ethereum, Ripple, etc., are constantly increasing, and the financial authorities of each country are aware of this. However, many of these institutions have reservations about digital currencies and have preferred. This is due to…
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