Mobile payment solutions are the alternative most sought after by customers thanks to the speed, security and trust provided by the various applications currently on the market.
One of the most recent developments in this regard is the alliance between the financial solutions company based on new…
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credits
Moody’s: Additional reserves due to the pandemic reduce profitability of Latin American banks
The creation of additional reserves due to the coronavirus pandemic and macroeconomic forecasts reduced the profitability of financial entities in Latin America, according to a report prepared by the rating agency Moody's.
The text…
France announces measures on rents, credits and taxes
French President Emmanuel Macron announced a series of measures that will seek to mitigate the consequences of the coronavirus epidemic on the economy.
During an address, the president stressed that 300,000 million euros will be available…
Venezuela to launch new policies on fiscal matters
On Tuesday, the Venezuelan president announced that there will be changes in the fiscal, customs and credit areas to boost the country's economic security, strengthen the loan portfolio to the different actors in the economy and the…
Japan approves € 215,000 million to stimulate economic growth
The main sectors of the economy of Japan that will receive strong support thanks to the first stimulus package in three years will be economy, infrastructure in the face of natural disasters, exports, public spending, as well as the…
Data management is the way to the success of the banking sector
The CEO of BBVA, Onur Genç, warns that the banking sector will succeed in competing with the new digital operators if it "hurry up" in the data management process, since its proper use will allow it to reduce its delinquency rates to zero,…
People’s Bank of China supports banks credit capacity
The People's Bank of China (BPC), the central bank of the Asian giant, has expressed the need to persevere in the structural adjustment of the economy and improve the lending capacity of commercial banks to the real economy.
In a meeting…
López Obrador announces new policies for the industrial sector
The president of Mexico, Andrés López Obrador, informed on Monday that he will implement a development plan for the promotion of the industry in the country with full emphasis on textile and footwear companies. He anticipated that this plan…
Thomas Cook bankruptcy hits tourism industry
This Monday the British tour operator Thomas Cook declared bankruptcy. As a consequence, an average of 600,000 people have been stranded worldwide due to suspension of flights from the group's airline.
One of the most affected countries…
Santander signed alliance with Ebay to grant loans in the UK
Banco Santander, through its fintech Asto, has signed an alliance with eBay for the granting of loans to small and medium-sized companies in the United Kingdom that sell products through the e-commerce company.
The purpose of this…
Venezuela tests a new exchange system
The new exchange system came into force in Venezuela on May 13th. The banks registered in the dynamics have made transactions with caution, to observe how the market develops.
In this regard, we consulted the economist Jorge Kamenar,…
Crypto loan platforms gain popularity
The purchase and sale of cryptographic assets is a common activity these days and continues to gain support in all sectors of the global economy. Investors now have crypto loan platforms that allow them to obtain microcredits, amortize…