The Roadblocks to European Fintech Expansion

The Roadblocks to European Fintech Expansion
фото показано с : thenextweb.com

2019-5-21 18:01

“The US market is vast. There are a lot of consumers in the US that use outdated technologies, and from that perspective we see huge potential here [in the US],” announced Nicolas Kopp, US CEO of N26, during a panel at Netguru’s Disruption Forum.

Over the past few years, the fintech industry has started to prove that it can be a driving force to disrupt the financial services sector. Banks now have serious competition from tech-forward lending companies, transfer startups, personal finance and investment apps, and non-traditional banks. The majority of this activity has come from fintech companies in Europe. …

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Источник: thenextweb.com

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Фото:

EU Parliament Report Reveals How Banks Could Beat Bitcoin

A recent report released by the Policy Department of the European Parliament explains how central bank-issued cryptocurrencies outcompete Bitcoin. EU Parliament Draws Up Battle Plans Against Bitcoin A recent report from the Policy Department of the European Parliament, titled Competition Issues in the Area of Financial Technology (FinTech), warns about some of the challenges Bitcoin will have to overcome.

2018-7-24 02:00


A study on issues of competition in fintech, commissioned by the European Parliament Committee on Economic and Monetary Affairs was published July 20. It found that central bank-issued digital currencies could be a “remedy” for a lack of

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2018-7-23 18:43


Фото:

A New EU Report Suggests Banks Could Indulge in Financial Misconduct to Stay Away From Cryptos

A new report from an EU department shows that all is not well in the fintech sector as competition intensifies between traditional finance and crypto finance. The report prepared by the Police Department for Economic, Scientific, and Quality of Life Policies on the recommendation of the European Parliament Committee on Economic and Monetary Affairs (ECON).

2018-7-23 17:19


Former JPMorgan Executive Says Banks Know Cryptocurrencies Will Change the World

Traditional financial institutions have begun to notice how cryptocurrencies are disrupting their market. Salvador Casquero, former JPMorgan Head of Scandinavian Interest Rates Trading and Head of FX Sales at BBVA, two of the largest banks in the world, has said that banks have officially lost the race of finance to crypto and rapidly emerging fintech […]

2018-7-22 00:13


Hong kong Block chain Finance Trade

Hong Kong’s de facto central bank will launch its own blockchain trade finance solution with 21 banks in August, Financial Times (FT) reported Sunday, July 15. The joint venture between the Hong Kong Monetary Authority and Chinese company Ping An Group’s fintech subsidiary OneConnect aims to substantially reduce paperwork, costs security risks for participants, FT

2018-7-16 18:36


Bermuda to Cater to Blockchain & Crypto Projects with Banking Act Amendment Plans

Bermuda Interested In Creating Blockchain Centric Banks The British island territory is bidding to put its name on the map as an outlier destination for FinTech innovation, having recently passed an ICO Bill and Digital Asset Business Act to attract companies in the blockchain and virtual currency space. The upcoming amendment to the Banking Act […]

2018-7-3 22:51


Granularchain: Blockchain Digital ID KEY By SmartCard Marketing Systems

SmartCard Marketing Systems Inc has announced the release of its  Blockchain solution offering Granularchain.com. SmartCard Marketing, Inc. (OTC:SMKG) is a Fintech solutions provider to the global payments industry delivering a cloud-based EMV Host platform to Issuing & Acquiring banks, telecoms & global enterprises Its Granularchain is a blockchain solution for creating digital ID keys for […]

2018-7-3 09:39


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