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Fintech

Fintech

The widespread use of mobile devices on a day-to-day basis brings with it the risk of very personal information such as bank details, photographs, messages, contacts and emails and a long list of private details falling into unwanted hands.

The use of virtual assistants, mainly in the form of smart speakers, is rapidly gaining ground. In less than a year, devices such as Echo and Google Home have appeared in households across the globe and users are becoming increasingly comfortable carrying out searches, purchases and even bank transactions using this format, which looks set to become the transactional interface between customers and companies.

Whether it’s chatting, finding your soul mate or jotting down notes, there are few things that twentysomethings and younger people can’t do on a smartphone. With so many applications available for smartphones, which are the ones most preferred by millennials?

Alternative finance keeps gaining traction in Europe and Spain is no exception. By volume of activity —and excluding the UK— Spain ranks fifth in the European Union for the fourth consecutive year in this segment, behind France, Germany, the Netherlands and Finland. In 2016, Spain’s alternative finance sector grew by 162%, to €131 million.