Finance industry

Which country is Europe’s fintech capital? And more fintech news

Finance industry

The first month of 2021 is setting the tone for the year to come. Fintech is still everyone’s favorite child, with many massive corporations entering the fintech ring, like US-owned Walmart. Portugal’s fintech scene continues to grow as the country looks to become Europe’s “Tech Tiger.” But the country leading Europe’s top venture capitalist investment…

The EU strikes back against big tech and other news

Finance industry

The EU clamps down on tech giants In a newly proposed set of regulations, the European Union is further targeting big technology firms, like Apple, Facebook, and Google. New regulations set by the European Commission target consumer data protection, providing more support to small and medium-sized enterprises, and limiting unfair practices by big tech firms….

More coronavirus stimulus on the way; and other news

Finance industry

More stimulus on the way So far, it’s taken €16.5 trillion in economic stimulus from governments and central banks to keep the global economy going. Yet, even with promises of a coronavirus vaccine around the corner, it may take even more capital to keep the global economy from collapsing. The European Union is awaiting approval…

Breaking the bank – Are fintechs taking over?

Finance industry

We live in the age of digitization. Everything has gone digital, including banks. Gone are the days of having to withdraw cash for payments, or visiting your local branch to pay your accounts. You can simply swipe a card, use your mobile app to transfer money, or scan a barcode to make a payment. But…

Could invisible payments mean the end of cash?

Finance industry

Cash has been around for so long, you might make the mistake of thinking it will be a part of our lives forever. But, if there’s one thing we know, it’s that anything can change. With the increased demand for credit cards, a sharp rise in revolutionary invisible payment technology, and the halted use of…

Germany gets in the driver’s seat for EU presidency

Finance industry

Chancellor Angela Merkel is known for her determined leadership, but her position as president of the EU during this unprecedented time will be her toughest test yet. On July 1st, Merkel began her 6-month presidency of the EU council and will have her work cut out for her as they navigate the current storm. “How…