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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A personal talk with Cornelia Stengel. Your personal conclusion to the blockchain year 2018? As far as the legal and regulatory side is concerned, the blockchain year 2018 in Switzerland focused on the analysis and classification of new business models and activities based on distributed ledger systems. For example, the…
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The annual meeting at the Swiss mountain station of Davos from January 22 to 25, attended by business leaders, politicians and economists are in progress. The cryptocurrency is once again on the agenda, but so far the discussions that emerged from the conference have been mixed, giving attendees a lot…
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The ‘fintech’ grows so fast that the future of traditional banking is increasingly threatened. In the Spanish financial sector, nobody denies that the challenge is to put the sixth speed in the process of digitization, but everything points to it will not be a path of roses. Many entities have…
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The latest report from Ripple is more than impressive and brings good news to the community, which shows that the company and its digital assets are progressing rapidly. The report reveals how much XRP is selling the company and the figures show a massive increase in the number of institutional…
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According to Raisin (who also runs WeltSparen), 62 banks are already using the deposit platform – but the FinTech wants more. New interfaces should make participation for banks as easy as possible. That’s why Raisin joins Temenos MarketPlace as the first FinTech. The MarketPlace uses over 700 banks and the…
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For the banking sector in the EU, it is not enough simply to become digital. Cognizant’s research into “The New Banking Genome: Building the Resilient Bank of Tomorrow” found that PSD2 and open banking make it easier for new entrants to get involved. Above all, the technology giants. The latest…
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The company was located by the World Economic Forum among the 100 most important Fintech initiatives. PagoFácil, a company that is part of GINgroup, chaired by Dr. Raúl Beyruti Sánchez, starts this 2019 with 8,000 client companies, that is, a growth of more than 120% in the amount processed with…
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The opening day of the 49th edition of the Forum of Davos served yesterday as a showcase to reopen the two major debates that have in suspense the banking sector: competition with fintech and mergers as a way to gain size and be more competitive. Who will survive in the…
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The main challenge will be the linkage of the sector with the new government The Multiple Purpose Financial Corporations (Sofomes) will grow between 20 and 40% during 2019. This is attributed to the development opportunities for sector entities promoted by the government. Banking sector is cautious Fernando Padilla Ezeta, president…
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