Authorities of the Inter-American Development Bank, private entities and the Economic Cabinet today launched the Technological Innovation Congress for Financial Services (Fintech). The event is organized by the IDB, has the sponsorship of the Central Bank of Honduras, Banco Atlántida, the Honduran Association of Banking Institutions (Ahiba), the National Commission…
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The first conclusion, shared by the executives and managers of the means of payment interviewed, is that even today nothing is written about the success of the new payment solutions. Each country has a context and a culture that are key to determining which innovation will have traction to universalize,…
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Following the successful acquisition of German ACON Actienbank, multi-asset fintech group JFD Brokers has now introduced fully commission-free stock trading and has added Dutch equities to its product portfolio. From time immemorial, stock trading has always been a rather expensive treat for traders and investors. The high fees traditionally charged…
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Coworkings Spaces are now in Hamburg in large numbers, but this is different: finhaven is aimed primarily at a specific industry, namely the financial sector. Not a bad idea, considering the important role of Fintechs in the startup scene of the Hanseatic city. On January 10, finhaven celebrated its official…
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Innovation is the engine of progress, since it alters the status quo and forces established players to improve their game. But if it is not handled correctly, it can also be destructive; and in this, innovation in financial technology (fintech) is no exception. New technologies developed by startups in the…
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Executives from the country’s leading public-private financial institutions met at the “Fintech Talk II”, training meetings organized this year by the Dominican Association of Fintech Enterprises (AdoFinTech), the Specialized Institute of Research and Information in Legal Sciences ( OMG Institute) and the British Embassy. In the event, Belkis Guerrero Villalona,…
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What is it like to work in a fintech? The Chronicler went into the offices of Wenance to live the experience and work side by side with the protagonists. The first thing that draws attention in Wenance is that there is no “until tomorrow”, many of the greetings are: “Then…
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The company behind cryptoactive XRP, Ripple, reported that five new financial platforms will start using cryptocurrency to make cross-border payments. The startup highlighted that JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank will use XRP to “obtain liquidity” and “send payments on behalf of their clients”. Ripple also announced that…
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The Ministry of Finance, through the Financial Regulation Unit (URF), once again took a step forward to deepen the integration of the traditional financial sector and the fintech industry (financial technology companies), allowing credit institutions, financial services companies, and capitalization companies, the acquisition of shares or quotas in Fintech companies.…
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The most important crypto exchange revealed that it had received 18 citation requests from US authorities. Despite being based in Switzerland, the United States government submitted 30 percent of all applications received. A warning to crypto exchange Earlier this month, Kraken, another major crypto exchange, published its transparency report. The…
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