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Category: Fintech

The entry of major technology companies in financial services could change to the banking sector

Banks in the European Union could have an instantaneous payment system by 2020, according to a Reuters report of June 26. According to the report, real-time payments have been possible in the euro zone since 2017, but only about half of the banks in the bloc adhered to the initiative.…

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A fintech initiative will launch a virtual credit card offering customized financing solutions

Mastercard will launch with the fintech Pagantis a virtual credit card, which will offer customized financing solutions. According to what both companies have explained, the card will be available in the coming months in Spain, Italy, France and Portugal. A step to the long-term plan Paloma Real, the general director…

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Fintech sector will benefit from new business initiatives produced by Brexit

The president of the National Securities Market Commission, has stated that Facebook contacted supervisors from around the world to tell them about their cryptocurrency project and that the CNMV met with them a month ago. During his speech at the seminar sustainable finance and its importance in the future of…

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