As we saw previously in the first post, Fintechs (business players that combine ICT and finance) undoubtedly offer multiple advantages to consumers by positioning them at the heart of financial products and services. However, some concerns are arising with regards to regulation, supervision, compliance and security.
There is a symbiotic relationship between payment methods and economic activity: the evolution of means of payment has historically favoured economic development, and similarly, the evolution of economic activity has led to the modernisation of means of payment.
Cash is the most popular means of payment worldwide, used in 85% of all transactions. However, despite the overwhelming prevalence of cash as a payment method, it is slowly declining. And that 15% of non-cash transactions (9.1% credit/debit cards and 4.6% direct debits/bank transfers) is where a disruption is now occurring which will affect the entire means of payment system.
What are Fintechs and how do they affect the consumers of financial products and services? Although the term has become popular in recent years, it originated two decades ago, when new Internet-based payment systems started to emerge. For example, Paypal, founded in 1998, has been considered as one of the first Fintechs.
La aprobación de la ley 25/2013 de impulso a la factura electrónica supondrá el espaldarazo definitivo para el uso de la factura electrónica por el sector publico en España.
El 1 de agosto se cumplió, por fin, el end-date de SEPA. Aunque algunos países como España, han ido adelantándolo (en el caso español, al 18 de marzo para transferencias y al 10 de junio para recibos), a partir de este día las entidades europeas ya no pueden intercambiar fondos mediante el intercambio nacional. (more…)
La Banca Electrónica debe proporcionar al Cliente una variedad de servicios de valor añadido que no se pueden ofrecer a través de de la red de oficinas. No se trata, por tanto, únicamente de ofrecer al Cliente toda la funcionalidad que se presta desde la red de oficinas, se trata, de llegar mucho más allá.
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