Tag "Fintech"

Facebook Delves Deeper Into Banking and Financial Services

Facebook is delving deeper into the financial services business, now attempting to persuade large banks in the US to share detailed financial information about their customers including card transactions, shopping habits, and checking account balances, according to a report published

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“Bank of Amazon” is Disrupting the Financial Landscape

Amazon is attacking the financial services industry, but rather than building the next-generation bank, the American e-commerce giant is focusing on building financial services that support its core strategic goal of increasing participation in the Amazon ecosystem, according to a

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Fintech-Bewilligung: FINMA eröffnet Anhörung zur GwV-FINMA

Zur Förderung von Innovation im Finanzmarktbereich hat der Gesetzgeber Mitte Juni 2018 eine neue Bewilligungskategorie geschaffen: die sogenannte Fintech-Bewilligung. Diese neue Kategorie im Bankengesetz kommt künftig bei Instituten zur Anwendung, die Publikumseinlagen im Wert von bis zu 100 Millionen Schweizer

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AI to Transform the Finance Landscape: WEF Report

Artificial intelligence (AI) has become a critical aspect in financial services. Financial institutions around the world are making large-scale investments in AI and the trend isn’t expected to slow down anytime soon. The World Economic Forum (WEF) projects this number

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Capco: Banks Must Embrace Digital Change

In the face of growing competition, changing consumer expectations and the broader digitalization of our economy, incumbent financial institutions must embrace digital change and welcome the idea of partnering with digital enablers and fintechs, according to global business and technology

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UBS: Bitcoin To Reach $ 200’000 Before Replacing Money

70% of changes in bitcoin price is mainly due to speculation. Bitcoin instability, structure, and its high volatility act as limitations to go mainstream analyst says. “Bitcoin is still too unstable.” A report sent to UBS clients underlines that crypto

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Swiss Fintech Map August Counts Now 270 Swiss Fintech Startups

The Swiss FinTech Start-up Map August counts now 270 FinTechs, 6 more then in in July. The new members are: Assetmax, Cryptalgo Holdings AG, TokenPay Swiss AG, Swiss Crypto Vault AG, Invemo GmbH, Orion Vault AG and LAPO BC AG.

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European Parliament Releases Study on Competition Issues in Fintech

The European Parliament (EP) has published a new study on the competition challenges arisen from the increasing number of fintech services provided by newcomer startups, traditional financial institutions and Big Tech companies. According to the paper, factors such as network

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Europe Now Hosts +100 Wealthtech Players

There are currently 100 wealthtech players in Europe spread across 12 countries, according to the newly released Mapping Wealthtech Europe by Invyo, Seed Founders and Odysseus Alternative Ventures. Wealthtech refers to a segment of fintech that focuses on enhancing wealth

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12 Upcoming Fintech, Digital Finance and Blockchain Events in Germany to Attend

Germany’s fintech landscape continues to grow with about 300 fintech companies as of late-2017 that raised a record of US$655.4 million last year. Berlin retains the position of the country’s largest fintech hub, hosting 27% of its fintech companies, followed

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