Bud helps banks connect their applications and data to other fintech companies and financial services providers has closed more than $ 20 million in additional funds. The round of the Series A considers that the company will recover the support of a series of banks: HSBC (which, through First Direct,…
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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 importance of ‘fintech’ regulation, a consequence of digital transformation, does not understand borders: in Europe, both the European Commission and the European Banking Authority (EBA) published their action plans in mid-2018, setting a roadmap until mid-2019. For its part, the US Treasury It produced a report of more than…
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The Fintech universe is expanding all around the world. During the year 2018, there was an increase in this niche of companies and it is very likely that this trend will continue. Last year was very prolific for some companies like Ant Financial that had an investment of $ 14…
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What are the technological trends of the future? Which are the most suitable startup solutions for a specific problem? Those are questions to deal with as a startup scout at the Startup Intelligence Center at Daimler Financial Services. The Startup Intelligence Center (SIC) is the entry point for all young…
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How fintechs can improve women’s lives IMF head Christine Lagarde discusses the future of fintechs at the industry meeting of financial technology – and emphasizes the importance of regulation. Every year, the world of the future gathers in the 200-year-old Paris stock exchange ‘Palais Brongniart’. With 220 participating company directors,…
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The Federal Reserve is reluctant to grant companies a license that would allow them, like banks, direct access to the Fed’s systems. Among the young technology companies that are active in, for example, payments or lending, consumer protection and risk management left much to be desired, is the criticism of…
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n China, people use apps like Alipay or WeChat from their smartphones to split accounts into restaurants, invest their salaries with a single click and pay for services. A change in financial lives “Alipay, of Ant Financial, and WeChat, of Tencent, are unique windows that allow half a billion Chinese…
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New Yorkers can now buy Bitcoin (BTC) with their debit cards at traditional ATMs. LibertyX has received the first license from the New York regulator to allow New York residents to purchase Bitcoin (BTC) with their debit card directly at an ATM. New York soon the Bitcoin (BTC) and cryptoparadies?…
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The fintech service provider heidelpay takes over the Frankfurt UNIVERSUM Group. The heidelpay Group is one of the fastest growing fintech companies in Germany. With the takeover of the pay later and collection specialist UNIVERSUM, heidelpay underpins its claims once again. The approval of the Federal Cartel Office took place…
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