During the first half of 2026, Spanish companies invested €13.232 billion abroad, expanding their focus to the United States and the United Kingdom as their main destinations.
In their aim to attract foreign capital, Spanish companies are concentrating on areas such as financial services, food, and…
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financial services
Banks move towards cloud and AI, according to NTT DATA report
Banks have been gradually moving towards a more agile, customer-centric model, adopting cloud-based technologies powered by artificial intelligence (AI). This emerges from the findings of the report 'The Digital Horizon: Banking's Shift…
Navegantes del Magallanes got a new trophy: the Bancamiga Cup
Despite the energy of the Zulian who supported his team at all times, the Navegantes del Magallanes ninth team beat the Águilas del Zulia 7-3 on Tuesday night, reaching the Bancamiga Cup for the first time.
Two weeks ago, Navegantes made a…
This December 11 the Venezuelan bank will not work
In compliance with the official schedule of the Superintendency of Banking Institutions (Sudeban), next Monday, December 11, 2023, the national banking sector will suspend its operations in celebration of the "Day of the Immaculate…
Brazil will launch its digital currency DREX in 2024
Brazil's digital currency (CBDC) will be launched in 2024. The country's Central Bank has indicated that its launch is scheduled to boost financial services.
The DREX CBDC will be based on “distributed ledger technology (DLT) to settle…
Mitsubishi UFJ Group to open headquarters in the metaverse
Japan's leading bank, Mitsubishi UFJ Group, recently announced that from 2023 its clients will be provided with innovative financial services from the metaverse.
The information was released after the financial institution reached a…
Visa to launch debit crypto cards in Latin America
Visa, the main financial services company, announced its new alliances with Latin American companies and startups to launch its crypto debit cards and thus develop a global payment network that will allow it to consolidate its commitment to…
Google Ads will fight financial scams attempts
Google announced that it will extend its new policy on financial services Ads to more countries to combat fraud linked to them, after verifying the success that the new measure has had in the United Kingdom.
The technology company…
Russia submits bill for cryptocurrency payments
The Russian Ministry of Finance presented a bill called "On Digital News", which aims to regulate the use of cryptocurrencies as an alternative means of payment to the monetary unit of the Russian Federation.
The document addresses issues…
Spain demands control of cryptocurrency advertising
The National Securities Market Commission (CNMV), the entity responsible for regulating and supervising the Spanish stock market, requires Internet companies such as search engines and social networks to stop providing advertising services…
Neo banks and fintech attract the young population
A study carried out by Backbase, a banking platform, and Americas Market Intelligence (AMI), revealed that 75 % of young people between 18 and 21 years old consider that neo-banks and fintech offer more attractive services for the young…
Citigroup extends its withdrawal from the Russian market
The US bank Citigroup has announced its intention to extend the scope of its withdrawal from the Russian market, from which it had already announced its intention to leave the consumer business, as well as the cessation of the search for…