The Financial Conduct Authority (FCA) has published the list of the 24 companies selected to enter the second cohort of the technical-regulatory project. The announcement arrives after completing the period of six months of tests for the first 18 startups that participated in the initiative.
Fintech
Fintech
Artificial intelligence and blockchain became the hottest topics in this year’s edition of Money 20/20 Europe that just concluded in Copenhagen.
Toys are evolving at the same pace as technology.
Known as smart toys, they already incorporate technology. They can access the Internet, interact with children and compile all types of information that is put online.
There are currently 197 unicorn companies in the world, with 24 new additions so far this year. Fintech, smart building, cybersecurity, messaging… the new arrivals come from a wide range of sectors. Among the veterans, Uber is leading the way with a valuation of $68 billion.
One of the characteristics that distinguishes blockchain is it immutability. But many people wonder if this is actually true. Is blockchain really an unchangeable record of data? Óscar Lage explains in this new chapter of #BlockchainRevolution how this technology works so that it cannot be maliciously modified.
Mark Mullen, CEO of BBVA-backed Atom bank, has agreed to become the Challenger Bank representative to the Open Banking Implementation Entity in the UK.
The European Commission (EC) plans to begin to define policies and measures to drive innovation in the financial services area and prepare for the ultimate launch of new FinTech services throughout the European Union. For this purpose, it conducted a public consultation in which BBVA participated, laying out its vision and making proposals for a framework that will allow all players to compete fairly.
A Royal Bank of Scotland (RBS) bot is already answering 60% of the basic questions that in the past had to be addressed by humans.
BBVA signs an agreement that allows Chinese tourists to pay in Spanish stores using Alipay mobile wallet, the largest online and mobile payment platform in the world operated by Ant Financial Services.
More than 200 startups came along to the event, which was aimed purely at giving businesses from a huge array of different backgrounds the chance to meet and better understand each other.