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Does Apple want to be a bank? Technology is already the main competition of traditional entities
Recently Ana Botín directly pointed out Apple as a threat to banks. The competition that financial institutions face is very changing, with new players coming to the fore every year. In this article we explain what steps the Cupertino company is taking and how banks can confront it.
Financial resilience in Mexico: Status and risks of this Latin American market
The Mexican financial system is like a huge ship that navigates turbulent waters and has been able to face the global storm during the first half of 2023. In the middle of the year, during the presentation of its financial stability report, the Bank of Mexico – affectionately known as Banxico – emphasized the challenges that banks look over around the world.
Optimization of data capture: new banking services in Mexico
In the exciting world of business, one of the most crucial steps is the capture and extraction of data from the files, reports and documentation that comes into our hands. This is especially important for those processes that have to do with our dear banking customers. However, surprisingly, there are still companies that stick to the tedious method of manual data processing.
2023 banking priorities: What happens in customers’ lives?
We analyze the latest Accenture report on banking trends for this year and summarize its main keys. This document contains very relevant information for the financial sector and we also share our opinion as a FinTech. In the next lines you will learn everything you need to know about the future of banking.
Monitoring the level of financial literacy in Europe (EU)
According to the results published in the latest Eurobarometer, which was requested by the European Commission and coordinated by the Directorate-General for Communication*, the importance of having citizens educated in financial matters to maintain the economic well-being of the Member States is clear.
Bulletproofing the financial sector: The importance of proper data protection
In this article you will discover what are the best practices regarding the security of information and, more specifically, what are the protocols applied by a FinTech like Coinscrap Finance on a daily basis.