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The coordinator of the central banks, the International Bank for International Settlements (BIS, in its acronym in English) warns that the incorporation of major technologies such as Alibaba, Amazon, Facebook, Google and Tencent to financial services such as payments, savings and credit poses risks such as the emergence of dominant…
Technological giants such as Alibaba, Amazon, Facebook and Google could become dominant participants in financial services of payments, savings and funding, if global joint work is not done among regulators, supervisors and legislators, warned the Bank for International Settlements (BIS, by its acronym in English). “It is imperative that global…
Najera also explained in her participation in the IMC that “until very recently it was very difficult to think of an economy without cash and yet, the disruption is coming to the world of people who use physical money.” He gave an example to China, a country where for 5…
The technological advances go at a speed of vertigo and do not cease to amaze us. In several Houston airport restaurants, for example, cash, paper, data sets, tableware and several employees were replaced by mini screens where you choose the menu, order the order and pay the bill charged to…
Finance Minister Felipe Larraín, within the framework of Chile Day in New York, announced that he will present a bill to regulate and supervise FinTech and cryptocurrencies. This is great news. Fintech + tech FinTech is the abbreviation of Financial Technology, and the International Organization of Securities Commissions says that…
The Minister of Finance of the Government of Chile, Felipe Larraín, announced from the United States the sending to Congress of a bill to regulate Fintech and cryptocurrencies. This was reported by Ahora Noticias, on April 15. Minister Felipe Larraín explained: “Attending to the different forms taken by the business…
The US fintech Fidelity National Information Services (FIS) has reached a “definitive agreement” to acquire payment services firm Worldpay for a total of 43,000 million dollars (37,891 million euros), including debt, according to both companies in a statement. This is the second major operation in less than two years carried…
The technology solutions company Increase announced the organization with Google Developers and AreaTres (A3) of the second edition of Launchpad Start Fintech, “a five-day hyper-acceleration training camp adapted to the needs of startups” to be made from April 8 to 12 in El Salvador 5218. The Launchpad Start is designed…
No question, with many German fintechs the public presence goes beyond the real meaning clearly. All the better that today we have a financial startup for you, where the opposite is the case, namely the largely unknown Berlin B2B player Mambu. As reported, the fintech that was founded in 2011…
Bitcoin may be in the midst of a heartbreaking slowdown, but the blockchain still seems to be in vogue. According to a recent Forbes report or list, some of the world’s largest corporations, including a number of prominent technology companies, have ventured into this space. And silently launching human capital…