It’s like putting together a gigantic puzzle. Tech freaks, the banking world, government, regulators, and now even the central bank, they all do their part to make the Swiss fintech industry stand out. The picture took some getting used to. Andréa Maechler, Member of the Governing Board of the Swiss…
Comments closedCategory: Fintech
According to the executive director of the FinteChile association, Ángel Sierra, Chile is the most backward country when it comes to regulating financial technology ventures. Chile was delayed in the regulation of fintech companies in the region. The local regulator just this year released the draft with basic guidelines to…
Comments closed
In Spain, banks and savings banks have adapted financial technology and big tech faster than their European competitors. That country leads the fintech world together with the United Kingdom. The article signed by Stefanie Müller, pointed out that in 2012 banks and Spanish savings banks were in the spotlight all…
Comments closed
German startups in the financial sector have never collected more money in one quarter than between the beginning of January and the end of March this year. The collected venture capital summed up to 686 million euros, according to a recent survey of the consulting firm Barkow Consulting. This is…
Comments closed
Penta, originally a Penta Bank, is bought by finleap. One wants to connect Penta closely with Beesy. Beesy also provides digital banking and accounting for freelancers albeit in Italy. “We are very pleased to welcome Penta to the finleap family. The team has a very good product that fits perfectly…
Comments closed
The European nation presented a new bill that includes a legal framework for the securities issued through the blockchain network. The Luxembourg parliament Chamber of Deputies passed the bill with 58 members who voted in support of the legislature. The bill’s document says that Bill 7364 aims to provide financial…
Comments closed
In the digital transformation of the financial sector, new models such as neobanks, challenger banks and BaaS (Bank as a Service), which aspire to compete with traditional banking through technology and user experience, have emerged with force. In this context of innovation born 2gether, the first collaborative banking platform in…
Comments closed
A few weeks ago, Mercado Libre revealed the results of its operation, corresponding to the fourth quarter of 2018. In this regard, Pedro Arnt, Chief Financial Officer of Mercado Libre, commented, “I am very pleased to report another year of solid performance, through the company’s key business units. A year…
Comments closed
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…
Comments closed
The third largest operator in the US launched T-Mobile Money, a banking platform that works like a digital checkbook. Users can deposit up to $ 3,000 with the service, funds that they can then use to make purchases and mobile transactions such as paying bills or sending money to other…
Comments closed