The Wall Street Journal reports that banks will consolidate mortgage loans. Thanks to changes in the Federal Reserve’s policy, it is now cheaper for banks to obtain loans than it has been for a while. The other effect of a reduced LIBOR rate seems to be lower mortgage rates. Rates…
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The unstoppable N26 closes the biggest round of financing for a ‘fintech’ Fintech bank N26 announced at the end of last year its intention to land in the United States during the first half of 2019 and continue with its global conquest. To do so, he needed a new round…
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The path of a financial startup to profitability is long and difficult: the development of new applications is time-consuming. In addition, there are expensive marketing measures to reach a critical mass of users. Collaborating with established banks on an open platform can help. The fintech scene is facing a new…
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Nobody can deny that money is something vital in our lives: it allows us to travel, create companies, invest, or buy assets, among many other things. And that is why a new way of understanding banking is being developed as we know it today, and as it always was: neobanks…
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Although several local politicians in New York had opposed Amazon opening a new headquarters in the Big Apple; the company had considered to resuming the project. Amazon executives talked to analyze the situation and explored alternatives. The Washington post had cited the two people who had access to plans of…
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Reasons in the energy sector: Ilona Ludewig did it. She tells how to survive against corporations like Eon and RWE. Ms. Ludewig, you distribute 4hundred green electricity with your company. When you think of energy companies, an EON or RWE comes to mind. How can you start a business in…
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The Munich-based FinTech WeAdvise starts cooperation with the software company PSplus. Together they want to offer a total solution for independent asset managers and financial service providers. The combined offer of both companies includes digital onboarding, an end customer portal, multi-bank reporting, and asset and portfolio management solutions. This should…
Comments closedThe Seoul Metropolitan Government has launched the Seoul Block Chain Governance Team to explore the benefits of the blockchain in administrative services, reports Yonhap News on January 31. According to the report, team members are investigating the potential of blockchain applications in various government services, including the online voting system.…
Continue readingThe Government of Seoul Launches a ‘Blocks Chain Governance Team’ for state services
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In the course of digitization, traditional banks are increasingly being challenged by FinTechs. The development of flexible, customer-oriented offers is not rocket science. On the basis of suitable data and in cooperation with start-ups, IT managers can work together with specialist departments to design new apps to support the business.…
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On Seoul’s self-proclaimed road to a “blockchain hub,” the city administration is expanding Blockchain to newer areas of public management. Now that the administration of Seoul’s Yeongdeungpo district has recently begun tendering for public contracts using blockchain technology, it is exploring additional opportunities for blockchain-based citizen services. “Seoul Blockchain Governance…
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